In urban transformation, what rightful owners most want to know is the size of the flat they will receive in the new building. This is calculated from the land share and the plot’s new zoning rights.
Basic Steps of the Calculation
- Determining the total building rights of the plot
- Finalising the sharing ratio between contractor and owners
- Calculating each owner’s entitlement in proportion to their land share
- Distributing common areas across the gross area
Having every step of the calculation in writing and transparent builds trust among owners and speeds up the agreement process.
