If I want purchase a 2 BHK flat, do I need to pay any extra charges apart from the actual price?

Q: Sunshine Hills 2, Shagun Developers

Sujata, Pune

11th October 2017

Buying property in Sunshine Hills Phase II A5, Pisoli, Pune

builders

home buyers

maintenance charges

what are the extra charges asked by the builders?

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Replies (4)

Hi!

Yes in most real estate you may have to spend extra. However, with the implementation of RERA most of transactions and prices are transparent so you can be confident you will not incur any hidden costs. You may have to pay more registration, amenities and other charges which the builder should be able to clarify on. You can find the answers to your question on Homeshakti

Its a community for homebuyers and owners where you can meet others just like you who can help you stay informed Its also allows new homebuyers to engage with each other, raise concerns, resolve issues with the developer and share information about the development you are about to invest in. Connect with verified home owners of your project, protect yourself by staying up to date with the progress & share and discuss concerns with fellow purchasers. Here homeshakti(dot)com

say digital,

22nd December 2017

Comment

Apart from that, you can also ask for amenities like round-the-clock security personnel, CCTV cameras, recreational area, clubs, gyms, parks, jogging tracks, free car parking area, power back-up, and running water supply to name a few. Charges like EDC, IDC, maintenance charges, power back up or generator charges, development charges, car parking charges, club membership charges etc.

Apurva Nagpal, Pune

25th October 2017

Comment

These are the few important questions to ask the developers before booking your dream home. Ask the developer about details of the project, from materials and fittings used, the area (super built-up, built-up and carpet areas) to the date or year of completion. Next are the legal papers and certificates related to land clearance, title, along with permission from the local authorities

Siddharth Rana, Pune

25th October 2017

Comment

Hello Sujata,
Buying a property is a huge investment where you risk all your savings over it with an expectation of long term return. Unfortunately, many home buyers or property buyers are facing a regret of having no proper discussion with the builder leading to the loss after buying the property. Delay in getting possession, low quality construction, incomplete documentation, change of floor plan and other things. A wrong investment in the property can literally derail the financial planning of family or individual . So it better to ask the builder for the proof and other details if the property is completely free from litigation.

Apurva Nagpal, Pune

25th October 2017

Comment

I am agree with Apurva. And if the project is under construction, do a random check to know the quality of the product used for the apartment. With the introduction of the GST, real estate market has also changed and has affected the cost of the project. So sit with the developer, check out the price added for registration fees and other costs.

Rithwik D, Pune

25th October 2017