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Home > Forum > Pune > Investment Advice > Preferential location charges (PLC)

Preferential location charges (PLC)

Q: In real estate market, PLC becomes standard component of the total cost of a housing unit.Advise what is PLC and how it is calculated?

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preferential location charges
plc
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Replies (2)
1
Traditionally, PLC charges were applicable for units located on the ground, first and second floor. Developers later changed tactics to charge different PLCs for different sets of floors. Under this scenario, floors one to five, for instance, would have the same PLC. The PLC amount for floors six to nine would be different from floors one to five.
Siddharth Rana


2
Hi Wasim, Preferential location charges are commonly connected with real estate projects. These are additional charges that are levied over and above the basic sale price of a housing unit and thus put an extra burden on a home buyers.
Priyanka Vats


PLC is charged per sq ft. of the total area. In order to calculate PLC, multiply the super area of the apartment with the rate specified in the developer's rate card. This means that as the apartment size increases, the PLC multiplies and really it is a burden to the buyer.
Saurav Mishra,  Pune
12th August 2015


3

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