Q:Hi All,This is for the Oceanus Tranquil project which is almost ready for registration this year. My question is about the maintenance charges that the builder is collecting in advance1) They ask for a high 3.5 per sq feet charges. Is this normal? They say that nowadays the maintenance charges is this much2) They also plan to collect GST for this maintenance. My understanding is that if the monthly amount is less than 7500 we dont need GST3)For the first year is not the responsibility of the builder to take care of the maintenance?
Latest Answer: Society maintenance charges in Bangalore ranging between Rs 2 to 5 in Bangalore depends on the locality and amenities provided by the builder.
Latest Answer: Hello Venkatramana,
Service charges also known as basic maintenance charges are those charges that the cooperative housing society needs incurs towards procurement of various services, and are levied on per flat basis. Any individual owing more than one flat in an apartment would need to pay service charges accordingly
Latest Answer: Hello Shiela,
Maintenance charges depend on the area you are occupying. It can be Rs.2-Rs.10 per sqft. depends on the flat size. Discuss with the sales head in this matter, he can give you the clear idea on it as the builder has not mentioned it on their site. Thanks...
Q:we are planning to buy 2 Bedroom set in 52 Lacs in tranquility if anyone selling please contact me. Also can someone help me in reviews about locality like playschool, schools, transport,medical facility, etc. also please let me know how much is the monthly maintenance charge in tranquility.
Latest Answer: Good Evening Naveen!
Here is the list of 1,2 and 3 BHK flats are available for new as well as for resale. To get more details of this project and its unit, click this link Prestige Tranquility, Budigere, Bangalore
Or,
To get the best deal on it, You can call on this toll-free number (1800-833-1801) Or You can list your requirement Post your Requirements to get matching properties details on your Email and Mobile.
Latest Answer: Hi!
Yes in most real estate you may have to spend extra. However, with the implementation of RERA most of transactions and prices are transparent so you can be confident you will not incur any hidden costs. You may have to pay more registration, amenities and other charges which the builder should be able to clarify on. You can find the answers to your question on Homeshakti
Its a community for homebuyers and owners where you can meet others just like you who can help you stay informed Its also allows new homebuyers to engage with each other, raise concerns, resolve issues with the developer and share information about the development you are about to invest in. Connect with verified home owners of your project, protect yourself by staying up to date with the progress & share and discuss concerns with fellow purchasers. Here homeshakti(dot)com
Q:Hello, I have two 1 BHK flats attached internally. However as per Index 2 and property tax bill it is a single flat. Now I am using one 1 BHK and second one is rented out. Please tell me, as per law can society charge me double maintenance. Thanks you.
Latest Answer: Maintenance Charges has to be calculated in compliance of the law only.. it can not be doubled.
like water charges with respect to the count of water tap, it may double if you have two bathrooms than other 1 bhk.
electricity as equal to the flat occupant - this will remain single as you have one unit only
CA Prabhat Jain
Q:When we moved into an apartment, we paid the monthly maintenance based on the square feet of the flat to the builder. However, after forming the apartment residents' association, a few people are arguing that the maintenance charges should be equal for 2 BHK and 3 BHK flats. Can it be possible?I understand that maintenance cost determines the number of square feet one occupies and Undivided Share (UDS) that each apartment possesses. As a simple rule, 3 BHK will have an extra room and the UDS is more than the 2 BHK flat. So it should be based on the square feet each apartment has.The 3 BHK flat owners argue that even they have equal number of bathrooms compared to 2 BHK. Here the question is not only the bathroom. The extra room consumes the electricity when the DG is On, they use resources like water to maintain the extra room. The 3 BHK owners also pay the taxes based on the number of square feet they own. When it comes to the maintenance payment to the society, why should it be different?Please advise.Thanks,Madan
Latest Answer: Maintenance charges depend on square feet of each apartment or flat. Under this method, rate or fee varies depending on square feet owned by apartment owners. Larger the square feet owned, higher will be monthly maintenance fee. This is widely practiced in Apartment societies with different sizes of apartments. The general logic behind being that since you have bought the flat based of the sq. ft.area, you must pay the maintenance on the same basis.
Q:As per U.P. apartment act it is unlawful to ask for maintenance charges in favor of builder sister/ associate firm, but as usual builder will compel/ harass you to make such payment at the time of possession.Anyhow how much should builder charge for annual maintenance of a newly built tower of 24 floors.
Latest Answer: Hi Aiza,
I had a conversation with a Noida Builder regarding a project called Paramount floraville, I asked maintenance charge and was told Rs1.6/sq-ft + ST. Is it worth paying Rs.1.6/sq-ft. for maintenance charges?
Latest Answer: Most of the builders charged car parking charges at the time of registration of ftat but you maintenance charges paid only after formation of the society. or after getting the possession of the flat. Better, you check your agreement for clause of maintenance.
Latest Answer: Argument by this builder is that they are partnership firm, and can not open escrow account for maintaining maintenance amounts from members of this project. Further their argument is that it is mentioned in sale agreement that "purchaser will pay maintenance amount before taking possession". Since on receipt of maintenance amount, they will give possession of the flat, so it is understood that buyer has paid the maintenance, so no need for them to give separate receipt for maintenance amount.
My concern is after giving maintenance amount & taking possession, they should not later demand maintenance amount again.