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Home > Forum > Chennai > Buying property > Cost/Pricing of Common Area -

Cost/Pricing of Common Area -

Q: what is the legally right/fair method to price the common area.

example: if there are 8 units in an apartment complex
if common are is 200sq.ft

shouldnt the buyer be paying for 200/8 = 25sq.ft

there are some builders who get payment from all 8 buyers for the entire common area portion.

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Replies (1)
1
Common area is split in the ratio of the flat size and is normally called the super builtup area - it does not sound right that 100% of the common area is charged to all buyers
R R


thank you R R
Praweesh Kumar Rajkumar,  
31st July 2013


2

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