The maintenance charge of Prestige Suncrest is Rs. 60 per sq. ft, and it will be collected in advance from buyers for 1 year. After possession, the charge is Rs. 5 per sq. ft.
Maintenance charges are the amount that any buyer who wishes to use all the common areas and community amenities must pay regularly without fail. They will be collected from each buyer in the community. At Prestige Suncrest, the maintenance fees are kept modest. All buyers here will share these costs after they acquire the properties.
After the possession, the homeowner’s association will decide together and announce the monthly maintenance charges, which will be about Rs.5 per sq. ft. It is collected to ensure that the entire common area functions smoothly without any hassle.
The Prestige Suncrest Advance Maintenance charges for each apartment at the time of booking are as follows:
Unit Type | Size in sq ft | Advance Maintenance Charges @ Rs.60/- per square feet |
---|---|---|
1 BHK | 1200 sq ft | Rs. 72,000 |
2 BHK | 1500 sq ft | Rs. 90,000 |
3 BHK 2T | 1800 sq ft | Rs. 1,08,000 |
3 BHK with Maid’s room | 1900 to 2000 sq ft | Rs. 1,14,000 |
Prestige Suncrest apartment maintenance charges in Electronic City after possession of each unit are as follows:
Units | Size in sq. ft. | Monthly Maintenance Charge @ Rs.5/- per sq. ft. |
---|---|---|
1 BHK | 1200 sq ft | Rs. 6000 |
2 BHK | 1500 sq ft | Rs. 7500 |
3 BHK 2T | 1800 sq ft | Rs. 9000 |
3 BHK with Maid’s room | 1900 to 2000 sq ft | Rs. 9500 |
GST is applied to maintenance charges if the amount exceeds Rs.7500 per month or if the turnover per year is more than Rs.20 lakhs.
Charge Type | Amount (Rs.) |
---|---|
Periodic Building Maintenance | 3000 |
Common Area Utilisation | 1500 |
Power Backup | 400 |
Water Charges for Common Area | 600 |
Housekeeping | 700 |
Sinking Fund | 500 |
Common Area Electricity Bill | 1500 |
Garbage Collection Charges | 150 |
Total | 8350 |
The maintenance charges will differ based on the size of the apartments. It will be used to cover the expenses that are needed for any repair of the project. The amount is equally shared among all property owners monthly or annually for the regular maintenance of the property.
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