Finance

Resolve the Square Meter to Gaj Calculation with An Online Tool

Potential buyers planning to purchase a property should be aware of the land measurement units and their conversion. Knowing how to convert those units helps estimate the price of a property. Individuals buying properties in the northern part of India might prefer converting the areas from a square meter to gaj for better understanding. 

So, one can apply the formula mentioned below to perform this conversion:

1 sq. mt. = 1.196 sq. gaj

However, to avoid manual calculations, it is practical to use an area conversion calculator as it fetches correct results in a short span. 

How Does An Online Area Conversion Calculator Work?

An online area conveter may also be used as a square meter to gaj converter as it easily converts one unit of measurement of an area to another. This online tool works on the same formula as mentioned above. However, to understand its working, one can refer to the following example:

Mr Sharma plans to purchase a 2 BHK apartment in Uttar Pradesh whose carpet area is 1,000 square meters. In order to get an estimate on the price of this property, he needs to convert this measurement to gaj. 

So, he performed the following calculations:

1 square meter = 1.196 square gaj

Therefore, 1,000 square meter = 1.196 x 1000 square gaj 

                                                       = 1,196 square gaj

Knowing the conversion formula of 1 square meter to gaj helps in various property-related calculations which can also help in determining in property value. Once can convert gaj to square meter in similar way.

Further, an online calculator completes this conversion using the same formula but in less time. Individuals might also find this tool handy at the time of obtaining a loan against a property where it is essential to find the area of a property. Potential borrowers can consider lending houses like Bajaj Finserv as they offer a high-quantum loan amount at affordable interest rates. This lender also provides pre-approved loan offers for to streamline the loan application process. Such offers are also available on other financial products such as home loans or business loans. You can check your pre-approved offer by submitting basic details like your name and phone number. 

How to Use A Square Meter to Gaj Calculator?

An area conversion calculator is convenient to use and is available online. Once you provide certain data, it gives accurate results in a short span. Here are the steps to follow for conversion of square meter to gaj by using an online calculator:

Step 1: First, an individual needs to visit the online area conversion calculator page. 

Step 2: One must mention the state and select the measuring unit (square meter).

Step 3: After entering the value, one has to click on the convert option to get the result.

So, using an online calculator is seamless and hassle-free. As mentioned earlier, it is also vital to use this online tool when a person plans on availing a loan by mortgaging a property. This is because he or she can determine the area and dimension of the property which will ultimately help in estimating the amount one can borrow. Hence, before learning how to apply for a loan against a property, potential borrowers must gather vital information about their properties, such as their area, price, etc. 

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Borrowers must also know how a loan against property is processed to avoid future complications. 

Nevertheless, learning about the conversion of a square meter to gaj with the help of a calculator can be highly beneficial for property owners. It gives them clarity on the property’s area and price and allows them to carry out further conversions.