The area conversion tool is a free instrument developed to derive accurate data by converting square meters to square yards while purchasing or selling land. Various financial institutions have designed an online area conversion calculator on their respective website, which can convert sq. meters to sq. yards. The conventional and time-consuming calculation and conversion of land measurement units involves chances of unavoidable errors. However, this self-help dedicated instrument ensures the derivation of accurate figures in a few simple clicks.
Process to Use An Online Calculator for Hectare to Acre Conversion
Process for area conversion tool of square meter to square yard involves a few simple steps, which are:
Step 1: Choose the “Square Meter” option from input area unit dropdown section in this area conversion tool
Step 2: Enter value of the hectare in the box next to the input area unit
Step 3: Finally, choose the “Square Yard” option from output area unit dropdown to derive the value in an acre.
The conversion from sq. meter to sq. yard is essential for applying for a loan against property from financial institutions, as many reputed financial institutions do the conversion as per their norms. In addition to this, land record details available in the Government portals have respective local units of measurement. So, individuals borrowing from regional financial institutions use this area conversion calculator to compute the market value of the property.
Moreover, various financial companies are providing pre-approved offers with easy loan processing. To check the pre-approved loan offers, borrowers can enter their essential contact details.
To process the conversion of square meters to square yards, an individual must acquire a basic understanding of following terms associated with the process.
Understanding Square Meter and Its Relationship with Square Yard
A square meter is the unit of land measurement, which is universally accepted as the SI unit of area. Denoted as sq.m. or m2, a square meter is used to measure the two-dimensional area of the field or floors. The relationship between 1 square meter to sq. yard is multiplied by 1.196 of the area value.
Various units of land measurement in India
India’s diverse geographical and cultural attributes have led to the introduction of various native units of land area measurement. These units vary across regions and hence are converted into standard units of measurement while computing for loan eligibility or determining the land’s Municipal Value. In addition to this, various land record details and other documents required to apply for a loan against property are quoted with different land measurement units. The area conversion tool helps to maintain uniformity in calculating land valuation by enabling quick and easy conversion of different units.
To better understand how diverse units of land area measurement are, some of the most preferred loans against property lenders in India recommend using the conversion tool. Here is a list of different units of land area measurements:
- In East India, the units of land area measurement Chatak, Decimal, Lecha, Kattha and Dhur are popular.
- Biswa and Biswansi are the most commonly used units of measurement in Western India, mainly in parts like Rajasthan and Gujarat.
- In the Northern part of India, the popular units of measurement are Cent, Ground, Guntha, and Kuncham.
- Finally, in the Southern part of India, Bigha, Biswa, Biswansi, Ghumaon, Kanal, and Killa are the popular units of land area measurement.
Hence, usage of the area conversion tool ensures accurate figures by converting these regional units into globally accepted units of measurement. Furthermore, development of these conversion tools helps to convert square meters to square yards and ensures quick and hassle-free derivation of results.