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Real Estate Forum on Buying property for Concorde Midway City in Basapura, Bangalore

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need info and advice for a New but 1 year old Flat.
Q: *I have finalized a 3BHK flat in Purnima classic which is JV between land owner and the developer in Basapura near Hosa road junction near Concorde Midway city, which is New but its 1 year old flat with built up area of 1719Sft. The apartment society had not been formed yet.
*Builder quoting 3k/sft(negotiable). Which makes it RS.51,57,000 basic cost for just the flat.
*But he is charging additional 2 lakhs for parking,
*Deposits 2,57,850(Rs150XSFT),
*VAT & TAX @8%(Basic cost+Car parking +deposits=4,49,188),
*Registration(1500rs X AREA+ Car Parking X 6.6%=1,78,035)
*So the Total cost of the flat is coming up to
Rs.63,03,115. which is 11,46,115 extra from basic cost of the flat.
Can any one plz advice me on this additional costs and taxes are legitimate? And what are the things I should point out while negotiating with the builder? What are the Usual additional costs and taxes apart from the basic price of the Flat?

Any advice is highly appreciated.
Thank you.

vat & service tax on new apartment in bangalore
bangalore-property-tax
bangalore apartments
car parking charges in bangalore
Latest Answer: Is the VAT and Service Tax applicable for new flats?
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Would like to get in touch with the RWA for Concorde Midway.
Q: Hi, I would like to get in touch with the RWA for Concorde Midway. Can you please provide an email id/contact?

Latest Answer: Hi Biju, Are you a resident of the project? If yes you can join the owners group to get in touch with the other apartment owners of the project
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Bangalore Basapura Concorde Midway City Buying property Buying property in Bangalore Buying property in Basapura Buying property in Concorde Midway City
Looking for a 2bhk apartment in Concorde Midway city
Q: I am interested in buying a 2 bhk apartment in Concorde Midway city.
Jitesh

Latest Answer: HDFC Bank, Axis Bank, State Bank of India are providing home loans for this project.
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I am looking for a flat in Concorde Midway City.
Q: I need a flat in Concorde Midway City in range of 45-48 lakhs.

buy flat
Latest Answer: Click http://www.commonfloor.com/concorde-midway-city-bangalore-for-sale/pfbs-jv52wu for property on sale or click http://www.commonfloor.com/concorde-midway-city-bangalore-rent/prns-jv52wu for property on rent in Concorde Midway City.
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