Brigade Granada Maintenance charges
Brigade Granada Maintenance charges are ₹5 per sq. ft. per month after the first year of possession. The builder takes an advance amount of ₹70 per sq. ft. at the time of booking for the first year. Then the owners' association will collectively decide the monthly maintenance fees that have to be paid.
Maintenance charges are the fees that homeowners must pay every month to take care of the common areas and the shared amenities. At Brigade Granada, these charges are kept affordable.
The advance annual maintenance charges to be paid for Brigade Granadaat the time of booking are:
| Size | Carpet Area | Adv. Maintenance Charges @ ₹70 / sq. ft. |
|---|---|---|
| 2.5 BHK | 1,200 sq. ft. | Rs. 84,000 |
| 3 BHK | 1,600 sq. ft. | Rs 1.12 Lakhs |
| 4 BHK | 2,200 sq. ft. | Rs 1.54 Lakhs |
The maintenance charges at Brigade Granada, Bangalore, include the following:
- Power Backup – It includes the generator usage for common areas.
- Electricity Bills – For lights and the usage of electricity in shared areas like the clubhouse, gardens, and other places.
- Housekeeping Fee – To pay the people who are involved in the daily cleaning of common areas.
- Security Fees – For guards at the entrance and exit doors.
- Water Charges – Based on separate usage for every house measured by meters.
- Garbage Charges – For the collection of waste.
- Other Charges – For any emergency repairs of motors or lifts.
How Are Maintenance Charges Calculated in Brigade Granada
The amount to be paid as maintenance every month is calculated based on the following 3 methods:
- Per sq ft charge – Here, a fixed rate is charged per sq ft. The amount varies with the size of each house.
- Equal Payment Method – When all the sizes of flats are the same, this method of equal payment is used. The total charges will be divided equally among all owners, and a fixed amount has to be paid by everyone.
- Hybrid Method – Here, it includes both the methods where a fixed charge has to be paid by the buyers, and also it has to be paid based on the size of the house they own.
GST on Maintenance Charges
If a project’s monthly maintenance amount is more than Rs. 7,500 for a house, then 18% of GST has to be paid. GST must be paid if turnover surpasses Rs. 20 lakhs from annual maintenance charges.
Conclusion
Maintenance charges are essential to maintain a clean community, and each property house owner in Brigade Granada is responsible for paying them correctly on time. Maintenance charges can be paid monthly or annually, but they have to be paid on time.
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