Q:Hi,I'm 25 year old working in an IT company and my father is 52 working in BSNL. Our gross income is 12 lakh per annum. Together we want to take up a home loan. Please let me know what is the maximum loan amount that can be disbursed and the applicable tenure? Also, what happens to the loan amount when my dad retires at the age of 60?
Q:Hi,I want to know more about the maintenance charges mostly followed in bangalore apartments. On what basis the maintenance charges are calculated using per sq.ft. area of an individual's home? Maintenance charges are applicable to the maintenance of common areas like entrance corridors, play area, usage of other amenities etc. Please let me know where does the question of per sq.ft. area of an individual's home come into picture here. Thanks
Latest Answer: Thank you Kanthi for your reply. I have already read this article. But my question is; why do associations follow the method of "per square feet". Since the maintenance charges are collected to maintain the facilities and amenities which are common to all the people in an apartment, it should be divided equally by the number of flats. How does it relate to one's individual house area? So for example; if an apartment has basic facilities that include electricity consumed for common area lighting, lift, pumping water to overhead tank, and security guard. The expenses incurred for these facilities should be divided equally among the owners/tenants regardless of square feet area of one's individual house. Please let me know if my understanding is correct. Thanks.
Q:We are planning to buy 2 BHK at Durga Rainbow ready to move in flat. But we were told apart from borewell we need to use water tanker. Do anybody know is ther ea serious water problem in Durga Rainbow?
Q:Please can anyone update current price of Soul Space Arista, Mahadevapura. what is the tentative possession date? Any other premiun apartments coming up in Mahadevapura/Nakundi area? Appreciate the answers.
Q:NCC Maple Heights has the worst association we have seen so far and we have stayed in various apartments across cities. The President of the association was so shameless and irresponsible enough to even ridicule my wife asking her to buy a penthouse when she asked for permission to visit the terrace to enjoy a long awaited lovely evening in Bangalore. What was appalling was the lack of intend to even suggest a resolution and the directive authoritative and insensitive response she received from the President of the Association himself.
Latest Answer: I had checked, the land belongs to the owner/builder. Physically also if you see, the boundary of this apartment is on the same line as the nearby buildings and Villas, so I suppose there is no encroachment. You can ask the builder for Railway NOC or some docs for verification.