Prestige Autumn Leaves Maintenance charges

Prestige Autumn Leaves Maintenance Charges

Prestige Autumn Leaves maintenance charges at Rs. 72 per sq. ft., which needs to be paid in advance for one year. After possession, the homeowner's association may charge between Rs. 5 to Rs. per sq. ft. each month.

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Maintenance charges are regular fees that every buyer has to pay to use the common areas, services, and shared amenities in the community. These charges are collected from each plot or flat owner. At Prestige Autumn Leaves, the maintenance charges are kept affordable. All property owners share these costs, and the charges start once they take possession of their property.

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There are other charges as well that the buyers will have to pay once their homes are built on the plots. These are dependent on individual units. These are given below:

• Advance CAM for 12 months
• Khatha Assessment & Bifurcation Charges
• BWSSB Charges
• BESCOM Charges (Electricity Connection)
• Generator Charges

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Here is a sample maintenance charge format of Prestige Autumn Leaves:

• Charges taken forAmout
• Periodic Building Maintenance 3500
• Common Area Utilisation/Parking: 1000
• Sinking Fund: 450
• Common area Electricity bill: 1200
• Garbage collection charges: 200
• Power Backup: 500
• Water Charges for Common area: 550
• Housekeeping: 500
• Total: 7,900

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Taking Care of Common Areas:

Maintenance charges are ac used to take care of shared spaces in the plotted community. These include roads inside the layout, entrance areas, streetlights, water supply, drainage, and security services.

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How the Charges Are Shared:

Plot owners pay their share of the maintenance cost based on the size of their plot, the number of users, or as per the rules decided by the Residents' Association or Homeowners' Association (HOA).

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Role of the Homeowners' Association (HOA):

Plot owners pay their share of the maintenance cost based on the size of their plot. In some cases, the number of users may also be considered. The final rules are usually decided by the Residents' Association or Homeowners' Association (HOA).

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Planning the Maintenance Budget:

The HOA prepares an annual budget to show how the maintenance money will be spent. It includes expenses like repairs, cleaning, and other basic services. Plot owners are usually given a full breakdown of this budget.

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Why It Matters:

Paying maintenance charges helps keep the common areas of Prestige Autumn Leaves neat, safe, and functional. These charges are calculated based on many factors by the HOA. This is to ensure proper maintenance of the entire plotted development.

The maintenance fee is a small amount to pay for a big benefit in the project. It helps keep the surroundings clean, comfortable, and safe for you and your family. Located in the best area of Bangalore, the site understands how important maintenance charges are to maintain a good lifestyle for plot owners. That’s why it offers a fair and transparent maintenance fee that gives full value for the money spent.