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What does Preferential Location Charges mean?
Q: There are multiple costs one needs to pay while buying home. Apart from other costs, some builders also take an additional charge called the preferential location charge. Can anybody explain it?

preferential location charges
plc
what is plc?
additional charges on house
factors determining plc
Latest Answer: Hi Ashish, There are no standard rules or guidelines that determine PLC. Each developer and project has a different PLC amount and most of the luxury apartments located in a posh location have higher PLC based on each unit. Apart from the luxury projects, penthouses which are built on top of a tower or an independent villa with a wide road in front or garden facing, or corner plot etc. may also have a PLC.
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Preferential Location Charges
Q: There are multiple costs one needs to pay while buying his dream home. Besides other costs, some builders also take an additional charge called the preferential location charge (PLC). Can anybody explain this term?

preferential location charges
plc
factors determinig plc
what is plc?
Latest Answer: @Rajesh, Can a builder charge for the Vastu Complaint Homes? Is it too vary from city to city? Kindly reply?????
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Mumbai Buying property Buying property in Mumbai
Preferential location charges (PLC)
Q: In real estate market, PLC becomes standard component of the total cost of a housing unit.Advise what is PLC and how it is calculated?

investment advice
preferential location charges
plc
Latest Answer: Traditionally, PLC charges were applicable for units located on the ground, first and second floor. Developers later changed tactics to charge different PLCs for different sets of floors. Under this scenario, floors one to five, for instance, would have the same PLC. The PLC amount for floors six to nine would be different from floors one to five.
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