Hello Venkatramana, Service charges also known as basic maintenance charges are those charges that the cooperative housing society needs incurs towards procurement of various services, and are levied on per flat basis. Any individual owing more than one flat in an apartment would need to pay service charges accordingly
In India, real estate developers charge monthly maintenance charges anywhere between Rs 2 to Rs 25 per square foot (psf) as maintenance charge. It is calculated on the area of the flat. A 3 BHK flat has to pay more maintenance charge than a 2 BHK flat?