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The decimal, also spelled decimil or dismil, represents a unit of area with diminishing relevance in the Indian real estate market. While no longer officially recognized, it holds some historical significance and persists in specific contexts.
History: The decimal's origins trace back to the British Raj in India. Established as 1/100th of an acre, it served as a land measurement unit during the colonial era. Following India's adoption of the metric system in the mid-20th century, the decimal became officially obsolete.
Current Uses: Despite its obsolescence, decimals might still surface in rare instances. Some rural areas of West Bengal and northern Bangladesh might use decimals for measuring smaller land parcels, particularly for agricultural purposes or informal land transactions.
Calculation and Conversion: Calculating the area in decimals is straightforward. Multiply the length by the width of the land, both measured in decimals. One decimal is equivalent to 48.4 square yards or 435.6 square feet (40.47 square meters).
Impact on Indian Real Estate Market: The formal Indian real estate market operates exclusively with the metric system. Square meters or hectares are the standard units for land area. However, decimals might hold relevance in a couple of situations:
The decimal's role in the Indian real estate market is minimal. With the metric system firmly established, decimals are fading from use. However, they retain some historical significance and might be encountered in specific situations involving older records or informal land dealings in certain regions.