142,396+ Members
   Get Started   Latest Posts Search Today's Posts Mark Forums Read
IREF® Real Estate in India - Property Discussion
IREF® - Indian Real Estate Forum > Real Estate in India > Real Estate Pune > What does total flat cost consist of?
Reply
 
LinkBack Thread Tools Search this Thread
Old December 14 2009, 03:54 PM   #1
Member
 
Join Date: Jul 2009
Posts: 173
Likes Received: 0
Likes Given: 1
Default What does total flat cost consist of?

My builder says that the total flat cost consists of flat rate + parking + club house charge + society formation charges + maintenance advance + MSEB. Is it the normal trend?

 
Old December 14 2009, 04:16 PM   #2
Member
 
Join Date: Dec 2008
Posts: 406
Likes Received: 0
Likes Given: 0
Default

Sad, but true.
 
Old December 18 2009, 02:51 PM   #3
New Member
 
Join Date: Dec 2009
Posts: 21
Likes Received: 0
Likes Given: 0
Default

Yes, buddy this is the normal trend., even maintenance
 
Old December 18 2009, 03:01 PM   #4
Senior Member
 
Join Date: Jul 2009
Posts: 559
Likes Received: 4
Likes Given: 4
My Mood: Mellow
Default

Quote:
Originally Posted by nimish1981 View Post
My builder says that the total flat cost consists of flat rate + parking + club house charge + society formation charges + maintenance advance + MSEB. Is it the normal trend?
It is a way to make simple things very complex so that rates can be manupulated with and Buyers can be fooled.

VK
 
Old December 19 2009, 03:13 AM   #5
New Member
 
Join Date: Aug 2009
Posts: 12
Likes Received: 0
Likes Given: 0
Default Society charges

What are the society formation charges?

and why to give it to the builder?

Pls help make it clear.

Thanks
van
 
Old December 19 2009, 08:29 AM   #6
Member
 
Join Date: Oct 2009
Posts: 96
Likes Received: 0
Likes Given: 0
My Mood: Amused
Default

Charges for official and err... fees that are paid to registrar of co op societies. It is paid to builder as they form society. MSEB is for deposit and connections. Now Megapolis has come with innovative costing- they have kept basic per sq ft rate plus there is infrastructure developement cost of some 1.5 lac (dont recall correct figure).

After some days we will have some thing called city development fund claimed by builders and they will call it as a PBAP Norm!!!
 
Old December 19 2009, 11:04 PM   #7
Veteran Member
 
realacres's Avatar
 
Join Date: Jun 2009
Posts: 11,995
Likes Received: 2063
Likes Given: 762
My Mood: Innocent
Talking Cost of flat

If you buy from crook builder (I mean most crooked amongst crooks), you need to add the cost of tabs like Saridon,crocin etc.
 
Old December 24 2009, 08:26 PM   #8
Member
 
Join Date: Dec 2009
Posts: 314
Likes Received: 3
Likes Given: 1
My Mood: Pensive
Default

It consists of an amount that the builder wants to literally extort from you based on your profession and how much you earn...
 
Reply
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Join IREF Now!    
Related Threads
VAT and ST on total cost if I go for 80% bank loan
HDFC wants to include Registration Amount to Total Cost of Flat to Calculate 20% Buyers Contribution on Loan on U/C Flat.
Rent Agreement Charges (Total cost)
Total cost of selling the old and buying a new flat
How to calculate TOTAL cost of a Flat in Pune ?


Tags
consist, cost, flat, total
".Pune.", ".Maharashtra."India