There is no strict rule mentioning the Bangalore apartment maintenance charges but it usually ranges from Rs 2 to Rs 25 per sq ft. This charge mostly depends on the size of the unit. The builder can charge you monthly or even demand a one or two year upfront maintenance fee at the time of ownership. We bought a property in Bangalore, Sarjapur, last year hence, I do have some ideas on this topic.
What are the Maintenance Charges in Bangalore Apartments?
As I said, the apartment maintenance charges in Bangalore are usually between Rs 2 and Rs 25 per sq ft. so if you have a property of 1,000 sq ft and your society levies a charge of Rs 10 per sq ft as maintenance fee monthly, you will need to pay Rs 10,000 as maintenance fee. All these terms and conditions are mentioned in the agreement so you better check and enquire about that clearly from the builder himself.
Just know that maintenance charge is something you can never avoid but can negotiate on so make sure you have a clear understanding of it and extract all its details from the builder.
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Hi friend
There isn’t any certain law that mentions the amount to be charged in the name of maintenance. However, builders usually charge between Rs. 2 to Rs. 25 per square foot as maintenance charges or 0.75% p.a. of the construction cost of each flat Expenses on the building’s repairs & maintenance. Keep in mind that they cannot impose maintenance charges unless they have an Occupancy Certificate.
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The parking fee is usually charged by the number of parking slots assigned to each resident.
The BBMP charges the parking fee in residential areas of Bangalore from car owners through the issue of annual permits which varies from Rs 1000 for a small car, Rs. 4000 for a medium car to Rs 5000 for a MUV/SUV.
Check out these answers as well:
How is Maintenance Charges for Flats Calculated?
What is Flat Maintenance Charges Law?
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what is the maintenance and parking Plots Price in Bangalore Apartment ?
prestigeparkgroves
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2022-08-12T10:32:34+00:00 2022-08-12T14:43:11+00:00Comment
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