GVRao, Bangalore
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How is maintenance charge collected in general?
Q: I am staying in apartments comprising of 65 units constituting 24 no. of 3BHKs and 41 no. of 2BHKs. But the collection of maintenance charges is on flat rate i.e. 1600/- per any type of flat, but contingency fund being collected is on per square feet basis. I wanted to know what should be the general practice and approved practice, for collection of general maintenance charges and contingency fund if required for improvement of society? Kindly reply me soon.

Latest Answer: Hi Mr. Rao, you can refer to this article: Methods to Calculate Maintenance Fee. I hope this will be of help to you..

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