Sattva City Maintenance Charges
Maintenance Charge is one of the most important costs that every home buyer must understand before buying a flat. This charge is paid to keep the building clean, safe, and working properly every day. Many people focus only on the flat price, but the maintenance cost is also a regular expense that continues after possession.
In this blog, we will explain everything about Maintenance Charge in very simple language. Even a young child can understand these lines easily. The information shared here is based on initial project data and is written clearly so that there is no confusion later.
What is a Maintenance Charge?
A Maintenance Charge is the money collected from flat owners to take care of shared areas in a housing project. These shared areas include lifts, corridors, gardens, parking areas, security systems, and water pumps. Without maintenance, the building will slowly lose its quality and comfort.
This charge is usually paid every month or collected once in advance for a fixed period. In new projects, the builder collects this charge first. Later, the residents manage it through a homeowners’ association.
Expected Maintenance Charge for Sattva City
Based on initial project details, the expected Maintenance Charge for Sattva City in North Bangalore is around ₹8 per square foot. This amount is collected for the first 12 months, or until the homeowners’ association takes control.
For example, if you buy a 1 BHK apartment, the estimated advance maintenance amount comes to ₹55,200 for one year. This amount is calculated by multiplying the flat size with the per square foot rate and the duration.
The project offers studio apartments to large 4 BHK homes, so the final maintenance amount will change based on the size of the flat you choose.
Why is Maintenance Charge Collected in Advance?
Builders usually collect the Maintenance Charge in advance for the first year. This helps in smooth running of daily services from the first day of possession. There is no delay in hiring staff or maintaining common areas.
The advance amount is used for regular cleaning, lighting, lift servicing, and security. Once the residents’ association is formed, they decide how much money is needed and how it should be collected.
What Services Are Covered Under Maintenance Charge?
The Maintenance Charge covers many important services that you use daily without thinking. These services include:
- Cleaning of common areas like stairs, lobbies, and corridors.
- Security services with guards and cameras.
- Gardening and green area care.
- Lift operation and regular servicing.
- Water pump and electrical system upkeep.
- Minor repairs in common spaces.
All these services help keep the society safe, clean, and comfortable for families.
Other Charges to Prepare for at Possession
Along with the Maintenance Charge, buyers must also be ready for some additional costs at possession time. These charges are not monthly, but they add to the total amount you pay initially.
Some of these costs include:
- Legal charges, which are estimated at around ₹17,700.
- GST and other applicable taxes, as per government rules.
- Miscellaneous documentation or registration related fees.
These charges are part of the final payment stage, so planning in advance is always helpful.
Is the Maintenance Charge Fixed Forever?
No, the Maintenance Charge is not fixed forever. The ₹8 per square foot rate is an initial estimate. After possession, the residents’ association will review actual expenses and decide the final amount.
If costs increase due to higher electricity, water, or staff salaries, the maintenance amount may also increase. If expenses are controlled well, the charge can stay stable for a long time.
Why Understanding Maintenance Charge Is Important?
Many buyers ignore the Maintenance Charge at the time of booking. Later, they feel surprised when they see the final cost. Knowing this charge early helps you understand the true cost of living in the home.
A well-maintained property also has better resale value. Regular maintenance keeps the building new looking and safe for many years.
Sattva City
Sattva City Bangalore is a well planned residential project in North Bangalore offering studio to spacious 4 BHK apartments. The project focuses on modern living with strong infrastructure and organized community spaces.