In land measurement, hectare and square feet are two essential units representing areas of large spaces, houses, offices, or vacant plots. These are considered during crucial land and property deals in the real estate industry. However, certain situations may require you to convert hectare to square feet and vice versa. All that is needed is a simple formula and proper knowledge of the calculations.
Know the conversion method of hectare to square feet
An online area conversion calculator can help you change hectare in square feet. It requires you to set the units correctly and click on ‘submit’.This tool helps save time and eliminates errors. Ensure to understand the calculation before converting.
Let’s take two examples:
The area of land is 20 hectares. If converted to square feet, the value stands at (20 x 107639.1042) 2152782.084 sq. ft. If another area of land is 30 ha, it stands at 3229173.13 sq. ft. when converted.
Converting from sq. ft. to ha.
Similar to hectare to square feet conversion, you can convert square feet to hectare based on the relationship, 1 square foot = 9.290304E-6 hectares. The formula is square feet x 9.290304E-6 = hectares.
Is land measurement important for loans?
Yes! Land measurement is essential as finance companies evaluate complete property details before sanctioning a loan against property. These secured loans are sanctioned against both commercial and residential properties as well as vacant land. If your hectare to square feet conversion is accurate, your chances of approval also increase.
Once availed, the funds can be utilized for diverse purposes like debt consolidation, weddings, higher education, foreign trip, etc. You can even take a loan against property to start your business.
Many leading lenders set simple eligibility criteria so that individuals can easily borrow money without any hassle. If interested, you can apply via online application forms or innovative pre-approved offers.
Pre-approved offers are designed for existing customers to make their loan availing process simple and time-saving. Eligible borrowers can enjoy these features on a range of financial products, including loans against property, home loans, etc. To check your pre-approved offer, provide information like name and contact no. only.
It is important to note that this secured loan comes with a risk of asset confiscation. You may lose the property pledged if you fail to repay the outstanding loan amount within the tenor. Nothing to worry about as it is easy to avert such risks and safeguard the mortgage. All you should do is:
- Evaluate your financial condition
- Plan your repayment beforehand
- Opt for small and manageable EMIs with the help of an online calculator
- Pay the EMIs on time
Additionally, you should know other ways to ensure you don’t default on the credit.
Conversion of hectare & square feet
A metric unit of land measurement is symbolized as “ha”, 1 hectare equals 10,000 square meters. Similarly, 100 hectares equal to 1 square kilometre.
Again, square feet is a non-metric unit denoting singular square foot and abbreviated as sq. ft. Simply defined, it is the area of a square measuring every side as 1 foot.
In our country, the measurement of land is important for a survey, property purchase, building construction, availing mortgage loans, and various other purposes. Take the assistance of online tools for hectare to square feet conversion to ensure accuracy and successful completion of your purpose.