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?
what is the maintenance and parking Plots Price in Bangalore Apartment ?
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August 12, 2022
2022-08-12T10:32:34+00:00 2022-08-12T14:43:11+00:00Comment
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