Arvind Lakeview Maintenance Charges are Rs. 75/- per sq. ft. The developer asks for these advanced maintenance fees from purchasers for 1 year. Once the property is bought, the internal homeowner;s association will decide the exact amount for the monthly maintenance fees. It could range from Rs. 2 to Rs. 75, ensuring the community operates smoothly and in good condition.
Any buyer who wants to use the infrastructure, common areas, and community facilities must pay maintenance fees on a regular basis. Every landowner will have them collected. At Arvind Lakeview+, the maintenance charges are kept reasonable. All house owners contribute to the cost, sharing equal amenities as well.
Other fees of Arvind Lakeview consist of the following:-
- BESCOM Charges @ 75/- psf
- Generator Charges @ 70/- psf
- Advance CAM for 12 months @ 72/- psf
- BWSSB Charges @ 75/- psf
- Khatha Assessment & Bifurcation Charges @ 25,000/- per apartment
Things To Think About in Order to Figure Out Property Maintenance Fees
- How Costs Are Divided: Property owners or individuals put in their share of maintenance charges depending on many factors. Maintenance charges are calculated and collected based on the unit size, the number of residents, and the rules established by the internal homeowner’s association.
- Maintenance of Common Areas: The upkeep of shared amenities and communal spaces is covered by several maintenance fees. These include parking lots, gyms, elevators, entrances, hallways, security services, and swimming pools.
- Role of the Homeowners Association (HOA): Maintenance charges are usually collected by this association called HOA or a condominium group. These groups create annual budgets, ensure proper maintenance of the shared spaces, and plan maintenance activities. They are also responsible for any dispute in maintenance funds.
- Planning the Annual Budget: The Homeowner’s Association creates an annual budget that explains how the maintenance fees will be spent. This budget may include landscaping, insurance utilities, repairs, and miscellaneous other things. Basically, this budget plan will give you an idea of where your money is being spent. Residents will receive a comprehensive breakdown of all the costs.
The Arvind Lakeview Maintenance Charges are asked for upkeep and management of shared property area.