This system of calculation is used when the size of apartments are different.
Your maintenance charges will depend on the total number of square feet in your apartment.
For example, if the committee decides to levy Rs 2 per square feet and your apartment is 600 sq feet, you will pay Rs 1200..
The residents or owners of a particular property in an area are charged for the maintenance of a commonly owned property area
It is collected periodically i
e, monthly, semi-annually, or annually depending upon the project
The maintenance charges are dependent on the size of the property and the quality of sustenance
There are many methods to calculate the maintenance charges for a unit of a housing society
Here are the ways: Per square feet charge: This is the most common method used by the builders to calculate the maintenance charges
The amount varies concerning the area of the unit of the project
The annual society maintenance charges is a percentage of the original cost of building each unit, with a floor set by the board of directors of the society at no less than 0
75 percentThis rule only affects car owners
Taxes are set by the community and often vary for different types of vehicles (such as motorcycles and cars)
Fee for vehicles entering Central London
