# Hbe Final Post Assessment

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| By JayD1
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JayD1
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Quizzes Created: 2 | Total Attempts: 287
Questions: 20 | Attempts: 157

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• 1.

### If an apartment has a Super built up of 1800 sq. ft and the loading is approximately 30%, what is the carpet area the developer is selling to the customer?

• A.

Approx. 600 sq. ft

• B.

Approx. 1200 sq. ft

• C.

Approx. 1500 sq. ft

• D.

Approx. 1450 sq. ft

B. Approx. 1200 sq. ft
Explanation
The super built-up area of an apartment includes the carpet area as well as common areas such as corridors, staircases, and lobbies. The loading percentage represents the proportion of the common areas to the total super built-up area. In this case, with a loading of approximately 30%, it means that the common areas make up 30% of the super built-up area. Therefore, the carpet area, which is the area that the developer is selling to the customer, would be approximately 70% of the super built-up area. With a super built-up area of 1800 sq. ft, the carpet area would be approximately (70/100) * 1800 = 1260 sq. ft. Rounded to the nearest hundred, the carpet area would be approximately 1200 sq. ft.

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• 2.

### The apartment has a balcony; this is typically included in the carpet area.

• A.

True

• B.

False

A. True
Explanation
The statement suggests that the apartment has a balcony, and it is typically included in the carpet area. This means that when calculating the carpet area of the apartment, the balcony is also considered as part of the total area. Therefore, the answer is true, indicating that the presence of a balcony is usually included in the measurement of the carpet area of an apartment.

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• 3.

### Open space includes which of the following?

• A.

Internal Green Areas

• B.

Open Parking

• C.

• D.

• E.

All of the above

E. All of the above
Explanation
The open space includes all of the options mentioned in the question. Internal green areas, open parking, internal roads, and a basketball court are all examples of open spaces. Therefore, the correct answer is "All of the above."

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• 4.

### What is an open space?

• A.

Any space apart from your carpet area

• B.

Total area of the project minus the built up area

• C.

Area left after all the buildings are virtually stacked against each other

• D.

Total area minus amenities of the project

C. Area left after all the buildings are virtually stacked against each other
Explanation
The correct answer is "Area left after all the buildings are virtually stacked against each other." This means that an open space refers to the remaining area after all the buildings in a project are placed closely together, leaving an unoccupied space between them. This definition implies that an open space is not included in the built-up area or the amenities of the project.

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• 5.

### Arrange these stages of construction in their order of occurrence.

• A.

Plinth, excavation, basement, foundation, superstructure

• B.

Excavation, foundation, basement, Plinth, superstructure

• C.

Foundation, Plinth, Excavation, Basement, superstructure

• D.

Excavation, basement, foundation, Plinth, superstructure

B. Excavation, foundation, basement, Plinth, superstructure
Explanation
The correct order of occurrence for these stages of construction is as follows: Excavation, foundation, basement, plinth, superstructure. This is because excavation is usually the first step, where the ground is dug out to prepare for the construction. Next, the foundation is laid, providing a stable base for the structure. The basement is then constructed, followed by the plinth, which is the base of the building. Finally, the superstructure, which includes the walls and roof, is built on top of the plinth.

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• 6.

### LEED, GRIHA, EDGE certified projects are _________

• A.

Projects with lowest sq. ft rate

• B.

Environmentally friendly

• C.

Projects with high resale value

• D.

Projects with maximum open space

B. Environmentally friendly
Explanation
LEED, GRIHA, and EDGE are all certifications that are awarded to projects that meet certain environmental standards. These certifications ensure that the projects are designed and constructed in a way that minimizes their impact on the environment and promotes sustainability. Therefore, the correct answer is "Environmentally friendly."

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• 7.

### Agreement of sale is ____

• A.

Legal document which lists all terms and conditions pertaining to the purchase of undivided share (UDS) of land.

• B.

Legal document which lists all terms and conditions pertaining to the sale of undivided share (UDS) of land as well as Construction agreement.

• C.

Tri party agreement which lists all terms and conditions pertaining to the sale and loan of undivided share (UDS) of land as well as Construction agreement including bank loan details

B. Legal document which lists all terms and conditions pertaining to the sale of undivided share (UDS) of land as well as Construction agreement.
• 8.

### What is the advantage of purchasing a property in its pre launch stage? Select all that apply

• A.

The price point of the property is usually less

• B.

One has a wide range of inventory to choose from

• C.

Customer does not have to pay additional charges which would be applicable otherwise, such as, Floor Rise charges, preferred location charges, etc.

A. The price point of the property is usually less
B. One has a wide range of inventory to choose from
Explanation
Purchasing a property in its pre-launch stage offers several advantages. Firstly, the price point of the property is usually less compared to when it is officially launched, allowing buyers to secure a better deal. Additionally, during the pre-launch stage, there is a wide range of inventory available to choose from, providing buyers with more options and flexibility. Moreover, buyers are exempt from paying additional charges such as floor rise charges and preferred location charges, which would be applicable if they were to purchase the property after its official launch.

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• 9.

### If the builder is asking for 20% upfront for booking and the remaining at possession, it is called

• A.

Pre EMI Holiday

• B.

20-80 subvention plan

• C.

• D.

None of the above

D. None of the above
Explanation
The given options do not accurately describe the scenario mentioned in the question. The builder asking for 20% upfront for booking and the remaining at possession is commonly known as a "Down Payment Plan" or "Deferred Payment Plan". In this plan, the buyer pays a certain percentage of the total cost of the property upfront as a booking amount and the remaining amount is paid at the time of possession. This plan is different from the options provided in the question.

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• 10.

### The developer is providing with an OC (Occupancy certificate), however, is unable to provide the completion certificate the customer can start living in the apartment if s/he chooses.

• A.

True

• B.

False

A. True
Explanation
The explanation for the given correct answer is that the occupancy certificate (OC) allows the customer to start living in the apartment even without the completion certificate. The OC is issued by the local authorities or building department to certify that the building is safe and suitable for occupation. While the completion certificate signifies that the construction is fully completed as per the approved plans and regulations. So, in this case, the customer can move in with the OC, even if the completion certificate is not provided by the developer.

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• 11.

### The "agreement value" will typically include the following charges. Select all that apply.

• A.

Base Price per sq ft. x Saleable area

• B.

Car Par Charges

• C.

Floor Rise / Preferred location charges

• D.

Infrastructure charges

• E.

12, 18 or 24 month maintenance charges

• F.

Government charges â€“ Stamp duty & Registration charges.

A. Base Price per sq ft. x Saleable area
B. Car Par Charges
C. Floor Rise / Preferred location charges
Explanation
The "agreement value" typically includes the base price per sq ft. multiplied by the saleable area, car park charges, and floor rise/preferred location charges. These charges are commonly included in the agreement value calculation.

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• 12.

### Customer needs help understanding the concept of Pre-EMI holiday

• A.

It is the extra time of 12/24 months that the customer gets in order to pay the Pre-EMI

• B.

All the verification process conducted by the bank prior to the payment of Pre-EMI is waived off if the customer is pre-approved

• C.

The interest payment due on the disbursed loan prior to possession is the Pre-EMI. Since this payment is made by developer on behalf of the customer, the customer gets a Pre-EMI holiday

• D.

It is a holiday package that a customer can avail if he/she agrees to pay all Pre-EMIs on time

C. The interest payment due on the disbursed loan prior to possession is the Pre-EMI. Since this payment is made by developer on behalf of the customer, the customer gets a Pre-EMI holiday
Explanation
The correct answer explains that the Pre-EMI holiday is the period during which the customer does not have to make interest payments on the disbursed loan. This is because the developer makes these payments on behalf of the customer. This allows the customer to have some time before they start paying the Pre-EMI.

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• 13.

### The customer is particular about an apartment with East entrance. Will you recommend this apartment configuration?

• A.

Yes

• B.

No

B. No
Explanation
The customer specifically mentioned that they are looking for an apartment with an East entrance. Since the answer is "No", it implies that the recommended apartment configuration does not have an East entrance. Therefore, it would not be suitable for the customer's requirements.

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• 14.

### You are trying to pitch a ready for possession property to an end-use customer. Which of the following can be a part of the pitch? Pick two. (Assume that documents mentioned below are available with the developer)

• A.

Presence of Occupancy certificate

• B.

Immediate move-in

• C.

Choice of inventory

• D.

Airport Authority and Environmental Authority Clearance

A. Presence of Occupancy certificate
B. Immediate move-in
Explanation
The presence of an Occupancy certificate is an important part of the pitch as it assures the customer that the property is ready for possession and meets all the required building and safety standards. Immediate move-in is also a key selling point as it appeals to customers who are looking for a property they can move into right away without any further delays or waiting periods.

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• 15.

### What does “clear title” mean? Check all that apply

• A.

The land is legally owned by the developer and/or its partners

• B.

The land is free of obstruction

• C.

The commencement certificate has been obtained

• D.

It is not disputed - No other party has any claim on the proposed land

• E.

Developer has all rights to use the land for residential construction purpose

A. The land is legally owned by the developer and/or its partners
D. It is not disputed - No other party has any claim on the proposed land
E. Developer has all rights to use the land for residential construction purpose
Explanation
"Clear title" refers to the legal ownership of a property without any disputes or claims from other parties. It means that the land is legally owned by the developer and/or its partners, there are no disputes or claims on the proposed land, and the developer has all the rights to use the land for residential construction purposes. It does not necessarily mean that the land is free of obstruction or that the commencement certificate has been obtained.

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• 16.

### What are the two features of subvention schemes is typically associated with? Pick 2

• A.

Cash Discounts

• B.

Reduction in down payment (For e.g. - 10 : 80 : 10, 7.5 : 85 : 7.5)

• C.

Reduced loan tenure

• D.

Pre-EMI Holiday

B. Reduction in down payment (For e.g. - 10 : 80 : 10, 7.5 : 85 : 7.5)
D. Pre-EMI Holiday
Explanation
Subvention schemes are typically associated with two features: reduction in down payment and pre-EMI holiday. These schemes allow buyers to reduce the initial amount they need to pay as a down payment, making it more affordable for them to purchase a property. Additionally, they also provide a pre-EMI holiday, which means that the buyer does not have to start paying the full EMI immediately after taking the loan. This allows buyers some time to manage their finances before the regular EMIs kick in.

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• 17.

### A customer is looking to buy a ready to move in property and you have a project that matches her preference. She is worried about the legal paperwork related to the project. The developer has conveyed to Housing that he has already obtained OC for this project. How will you deal with this customer?

• A.

Assure the customer that Housingâ€™s internal due-diligence team has conducted checks and all paperwork is in place so the customer should go ahead with buying the property

• B.

Let the customer know that the Occupancy certificate for the project is in place and therefore the customer can occupy the apartment. Encourage the customer to schedule a site visit so she can directly interact with the developer who will be happy to address any concerns.

• C.

Housing takes guarantee for legal paperwork of all projects that are available on its platform. Assure the customer that they can approach housing in case there are any issues after purchasing the apartment.

• D.

Do not pitch this project. Instead keep customer records for future projects.

B. Let the customer know that the Occupancy certificate for the project is in place and therefore the customer can occupy the apartment. Encourage the customer to schedule a site visit so she can directly interact with the developer who will be happy to address any concerns.
Explanation
The correct answer suggests informing the customer that the Occupancy certificate for the project has been obtained, indicating that the property is ready to be occupied. It also encourages the customer to schedule a site visit to interact with the developer and address any concerns. This approach assures the customer about the legal paperwork and allows them to directly communicate with the developer for further clarification.

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• 18.

### The developer has floated 2 subvention schemes 10:80:10 and 20:80, both with Pre-EMI holiday (24 months or possession whichever is earlier). The customer is in a cash crunch w.r.t down payment, and also cannot afford monthly payments for a year or so. Which scheme will you pitch and why?

• A.

20:80 as the customer needs to pay only 20% upfront. The Pre-Emi will take care of monthly payments for more than a year. The scheme works like a charm for this customer. Urge the customer to visit the site and avail this offer.

• B.

Since the subvention scheme will not provide any benefit to the customer, urge the customer to go for the apartment without the subvention scheme

• C.

Request the customer to talk to the developer who may reduce the overall price and down payment, since the customers financial situation is not healthy. Alternatively they can talk to the bank as they usually give lower interest rates for such customers.

• D.

10:80:10 as the customer needs to pay only 10% upfront. This will give her some time to arrange for the remaining 10%, the Pre-Emi will take care of monthly payments for more than a year. The scheme works like a charm for this customer. Urge the customer to visit the site and avail this offer.

D. 10:80:10 as the customer needs to pay only 10% upfront. This will give her some time to arrange for the remaining 10%, the Pre-Emi will take care of monthly payments for more than a year. The scheme works like a charm for this customer. Urge the customer to visit the site and avail this offer.
Explanation
The correct answer is 10:80:10 as the customer needs to pay only 10% upfront. This scheme allows the customer to arrange for the remaining 10% over time, while the Pre-EMI will cover the monthly payments for more than a year. This option is ideal for the customer who is in a cash crunch and cannot afford monthly payments for a year or so. By choosing this scheme, the customer can visit the site and take advantage of this offer.

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• 19.

### If G+5 (total of six) floors of the project would occupy the 1/3rd of the site, than what is the FSI?

• A.

2

• B.

1

• C.

3

• D.

1.2

A. 2
Explanation
The FSI (Floor Space Index) is a measure of the total floor area of a building in relation to the size of the plot of land it occupies. In this case, if the G+5 floors of the project occupy 1/3rd of the site, it means that the building occupies a significant portion of the land. Therefore, the FSI would be higher, indicating that the building has a larger floor area compared to the size of the plot. The answer of 2 suggests a higher FSI, which aligns with the given information.

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