Housing societies collect the society maintenance charges in Pune to cover common facilities and infrastructure maintenance and management. These charges can vary depending on the society’s amenities, location, and the size or type of property. Let me tell you, monthly, quarterly, or annual payments are made for the charges.
Factors Influence Society Maintenance Rates in Pune
The majority of societies base their charge calculations on the property's carpet or built-up area. For example, depending on the location and amenities, monthly fees could range from Rs. 2 to Rs. 5 per square foot.
Regardless of the size of the property, all members of such societies pay the same fees, especially for routine upkeep like water supply, energy for communal spaces, and security.
A combination of area-based and equal distribution is also common, where some expenses like security are shared equally, and others, like water charges, are area-based.
A reserve fund for major future repairs or renovations, as mandated under the Maharashtra Cooperative Societies Act.
Societies in premium areas or those with extensive amenities like gyms, swimming pools, or sports courts may charge higher maintenance fees. GST (18%) applies if monthly maintenance charges exceed Rs.7,500 per unit.
To understand specific charges, residents can refer to their society bylaws or AGM resolutions. I hope you found this helpful.
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What is Included in Society Maintenance Charges
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Authors Of The Question
What is the Society Maintenance Charges in Pune?
hanu
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2024-11-29T15:12:09+00:00 2024-12-02T00:28:53+00:00Comment
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