Whether you are buying a property or are planning to avail yourself of a loan against a property you already own, it is crucial that you know the exact area of your property in a unit that both you and your lender clearly understand.
Around the world, different units are used for land measurement. The three most common land measurement units in the Western world are Square feet, Acre and Hectare. In India, land measurement units vary from state to state. For instance, land is usually measured in Marla, Bigha, Katha and Kanal in the Northern part of India. In South India, the use of land measurement units, such as Guntha, Ground and Cent is quite common. In Eastern India, people still measure land in units, such as Dhur and Lecha, and in Western India, the use of land measurement units, such as Bigha and Biswa, is frequent.
However, when lenders sanction a loan amount, they usually calculate the area of the property in square meters or square feet. The problem is it difficult for a common man to remember the different formulas used to convert these units into one another. This is where the concept of area conversion calculators comes into place. An area conversion calculator is an online tool that borrowers can use to convert one land measurement unit into another. These calculators have all the conversion formulas fed into them. All a borrower has to do is enter the dimensions of their property in the measurement unit they know and select the unit to which they want the area to be converted. As soon as a user does this, the calculator gives them results. Area Conversion calculators are quite easy to use. More importantly, they are free and one need not pay any fee to use them. So, if you are planning to avail yourself of a loan, use this calculator.
The next question is how to calculate the square footage of your property. Calculating the square footage of a property is quite easy. If the property you have invested in is a perfect rectangle, simply measure the length and width of the property and multiply these figures with each other and you will get the square footage of your property. If the property you have invested in is a square, you can calculate the area by figuring out the length of the sides and then multiplying those two together. But, how does one calculate the size of an irregularly shaped plot? To calculate the area of an irregularly shaped plot, one must break the plot into shapes for which the area can be calculated. For instance, if the plot is in the shape of a trapezium, one must divide the plot into a rectangle or square and a triangle calculate the area for the two separately and then add up both. This is the only way to calculate the area of a plot that is irregularly shaped. Once you have segregated the plot into shapes for which area conversion formulas are available, use an area conversion calculator to calculate the area of the shapes separately and then add the two together.Don’t forget to read our article on Utility of Area Conversion Calculator