The full forms and meanings of PLC, FRC, and BSP are:
PLC (Preferential Location Charge):
An additional cost for prime or preferred locations within a real estate project, reflecting premium pricing for better positions within the development.
FRC (Floor Rise Charges):
Supplementary charges are based on the level or floor where a property is situated within a multi-story building, accounting for the benefits of higher floors.
BSP (Basic Sale Price):
The base price of a property without any additional charges, serving as the starting point for calculating the total cost of the property before adding extra charges or taxes.
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What are PLC, FRC and BSP in Real Estate?
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2023-10-21T10:39:18+00:00 2023-10-23T11:08:25+00:00Comment
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