Do anyone have idea why Lanco Hills is charging high common area?
Q: Any other project in Hyderabad is charging around 20%. New towers in this project are charged with 31% common area. Other strange thing is that in Lanco Hills for LH6 they charged 26% but for LH10 they are charging 31%. LH6 and LH10 has apartments of same size. For Eg. LH6 unit 2 is 1942 SFT where as in LH10 Unit 2 is rated 2075 SFT. Floor plan of both units is almost same.
Hey Vineet..are you looking for flat there or have you booked a flat..?? i think that you should carefully look at brochure and then discuss with the builder about the price difference.
Hi Vineet..there are many reasons of charging 31 percent for LH 10 and 26 percent for LH6 despite of having same floor plan. There may be some common amenities of the project like club house, which may be far from one tower and adjacent to another tower. Fittings, flooring, paint etc may also differ in these two apartments.
As far as I understand, all these differences may make difference in base rate. For LH10 they are quoting 4000 per SFT where as for LH6 they quote 3600/-