Provident Botanico Cost Sheet

Provident Botanico The cost sheet provides details of various heads under which the developer charges a certain amount. Providing a detailed cost sheet will raise several questions from the buyers, who may need more clarification on the statutory norms involved. Different terms used in the cost sheet during property purchase are:

  • Base Price

Base Price includes the land cost (or the UDS cost) and the construction cost. It is the price derived by multiplying the rate per sq. ft and super built-up area.

  • Infrastructure Development Charges (I.D.C.)

It is the statutory charge paid by the developer to the civic authority for developing major infrastructure projects in the region

  • External Development Charges (E.D.C.)

The developer pays the statutory charge to the civic authority for developing essential facilities in and around the project, like street roads, water supply pipelines, sewer pipelines, rainwater drainage pipelines, waste management systems, community parks, etc.

  • Internal Development Charges

This charge includes amenity and infrastructure development like internal roads, street lighting, water supply pipelines, sewer pipelines, rainwater harvesting systems, transformer and sub-station, power backup systems, fire detection and fighting systems, and waste management systems.

  • Clubhouse Membership Charges

It is usually a one-time fee from the buyer when booking a property.

  • Corpus Fund

This non-refundable amount shall be transferred to the association or society on its formation. This fund shall be used for contingency purposes such as breakdown maintenance of common area utilities, upkeep of building fa├žade, etc.

  • Maintenance Charges

It is a recurring charge collected quarterly, half-yearly, or yearly in advance, as decided by the association/society, where a developer can appoint a Facilities Management Company to undertake all maintenance activities such as civil patchwork, electrical and plumbing maintenance works, security, landscape

  • Legal Documentation Charges

The developers charge a fee towards expenses for verifying title deeds, drafting agreements for the sale of UDS, drafting construction agreements, drafting sale deeds, and any incidental charges.

  • G.S.T. Charges

With the implementation of the G.S.T. Act that came into effect on 1st July 2017, the developers were mandated to charge G.S.T. from the buyers for purchasing an under-construction property and, in turn, pay the G.S.T. to the Government of India.

  • Stamp Duty And Registration Charges

Provident Botanico
Type Apartments
Project Stage Upcoming
Location Whitefield, Bangalore
Builder Provident Housing
Floor Plans 1,2 & 3 BHK
Price Onrequest
Total Land Area Onrequest
Total Units Onrequest
Size Range Onrequest
Approvals NA
RERA No Onrequest
Launch Date Onrequest
Possession Date Onrequest

According to the Indian Stamps Act of 1899, a home buyer must pay stamp duty and registration costs at the time of property registration towards purchasing a property. These charges are directly payable at the Sub-Registrar Office.

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Disclaimer: Any content mentioned in this website is for information purpose only and Prices are subject to change without notice. This website is just for the purpose of information only and not to be considered as an official website.

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