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Home > Forum > Chennai > Neelankarai > Buying property > What are the Various type of costs for under construction properties?

What are the Various type of costs for under construction properties?

Q: I want to know the total built up area,cost and when it will be ready

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Replies (7)
1
What about Statutory and Legal Charges?
Pavan kumar


Few charges that need to be paid to the government at the time of property registration. There are 4 main costs involved here.
1) Stamp Duty,
2) Registration charges,
3) Service Tax and
4) Value Added Tax (VAT)
Venu Gopal,  Chennai
9th September 2015


2
What is the different type of cost involved in buying property? Please anyone let me know as I am planning to buy residential property and I am unaware about these jargons?
Pavan kumar


Hello pavan,
There are multiple costs that need to be paid directly to the builder at various stages. These include :
1) Basic Cost,
2) Parking Charges,
3) Infrastructure Development Charges (IDC),
4) External Development Charges (EDC),
5) Maintenance Charges,
6) Amenities Charges,
7) Prentiarefel Location Charges (PLC).
subramanya,  Chennai
9th September 2015


Thanks Subramanya for your suggestion... I think it is builder cost and was helpful to calculate the overall cost of the property.Anymore cost includes while purchasing the property?
Pavan kumar,  Chennai
9th September 2015


@ Pavan , You are right!!
The cost of properties varies from project to project and state to state. The overall property cost can be divided into 2 parts:
1. Cost which is paid to the builder.
2. The statutory and legal costs.
all you have to know that within each of these categories itself there are several hidden costs which a buyer must pay at different stages.
Venu Gopal,  Chennai
9th September 2015


3
hi

Can I know the cost please
Shankar


4
Builders are fully equipped. Timely completion, caring for customer needs and cost efficiency, innovative designs, maintaining quality standards at every stages of construction are the strong points of Shanti Builders.
pankajeetrangarajan


5
How is the reputation of the builder?
uday.venkatesh


6
If you are planning to book a flat or a villa in this project you can post your requirement at http://www.commonfloor.com/post-public-property-requirement to get matching properties details on your Email and Mobile.
Srinivas


7
Melrose Park offers 3 BHK apartments and 4BHK Duplex in the sizerange of 2600 sq ft - 4500 sq ft. Melrose Park is a gated community with 12 exclusive villas and 12 exclusive apartments built over 42 grounds of land
Alex Stephen


8

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