
The maintenance charge is the advance amount to be paid by the flat owners for a specific period defined by the developer (ranging between 1-5 years), required for the upkeep of common areas in the building/ property. This primarily includes charges towards the maintenance of facilities, operations, services, repairs, Annual Maintenance Contract (AMC), utilities, insurance, statutory requirements etc..
Yes! Maintenance charges are collected in advance subject to the locality, land value and type of home the customer is hoping to purchase. They can also vary depending on the quantity and quality of services, recreational facilities and amenities offered.
Society Club Membership is part of the Home Purchase. Depending on the offer of the project, the membership charge is either charged separately or in an inclusive manner.
