That is why nowadays..the housing societies and developers are focusing to hire facilities management firms to take care of maintenance aspect of luxury residential projects.
I can tell you another example...Owners of 12,000 sq ft apartments in Oberoi Sky Heights shell out highest monthly maintenance charge of Rs 1.08 lakh. These are triplex apartments which also have private swimming pools on terraces.
Yes Suresh..people pay high maintenance charges as it will enhance the life of building along with adding more to resale value.In Gurgaon, owners of high-end properties are paying Rs 7-10 per sq ft for apartments ranging between 4,000 and 5,000 sq ft.
Hello Praveen...maintenance charges at The Imperial in south Mumbai, is Rs 1.5 lakh a month for a 10,000 sq ft apartment. It is Rs 40,000 for the smallest 2,550 sq ft apartment in the same building (Rs 16 per sq ft).