Prestige Southern Star Maintenance Charges
The maintenance Charge of Prestige Southern Star may range between Rs. 70 to Rs. 72 per sq. ft. The builder will collect this charge from buyers in advance for 1 year. After the possession, the homeowners’ association will decide on the monthly maintenance fee, which may range from Rs. 6 to Rs. 8 per sq. ft.
Prestige Southern Star Maintenance Charge is the amount paid by the buyers as property homeowners. It is charged for the maintenance of the property. The homeowners of this residential area have to pay this amount for the preservation of the common area and facilities.
A portion of the maintenance charge will be set aside to the monitoring of CCTV cameras and security personnel. It is important to maintain the security of the project. It includes employing skilled security staff, periodic inspections, and maintaining surveillance equipment.
Prestige Southern Star has set a fair amount for the upkeep of amenities. The maintenance charges could almost range from Rs. 4,000 to Rs. 4500 per month in every household. This would cover the costs of personnel, technology, and routine checks to uphold the project's promised security standards.
Other charges in Prestige Southern Star include the following
- BESCOM Charges - 75* psf
- BWSSB Charges - 75* psf
- Khatha Assessment & Bifurcation Charges - 25,000* per apartment
- Generator Charges - 70* psf
Transparency in communicating the breakdown of the maintenance charge to residents is very important. It is good to conduct regular financial audits, assuring the residents that their contributions are properly used for the overall well-being of the community.
