Development Charges (DC) are usually imposed on the project's built-up area. Buyers are forced to pay varying prices over and beyond the per sq ft rate of the home because these charges vary across projects and builders. In any scenario, the DC might account for up to 10% of the unit's cost. In other circumstances, the DC has the authority to raise the price of a unit by 15% to 20%.
NoBroker manages your property in the best way to help you generate better income.Your Feedback Matters! How was this Answer?
Thanks ,We got your reaction
Can society claim 21% interest on development charges
Amit Gaikwad
210 Views
1
3 Year
2022-04-25T10:42:41+00:00 2022-04-26T22:42:51+00:00Comment
Share