A cost sheet is an analysis of all the costs involved in a real estate sale. It spells out the expenses related to buying a home and is crucial for both buyers and developers.
The Century Liva cost sheet provides a breakdown of the payment components. It provides all the details on the charges. These include the base price, customization costs, GST, floor rise charges, registration fees, and other expenses. Here is what these terms mean:
Base Cost – Base cost is the cost of the property, including the building, amenities, and land costs. At the enclave, 1-BHK apartments are Rs. 70 lakhs, 2-BHK are Rs. 1.20 crores, and 3-BHK are Rs. 1.75 crores.
Customization Fees – The sum billed to buyers who want changes made to apartments. It changes according to the alterations made.
Registration Fees – The are the costs associated with registering the home that are calculated based on the value of the home.
Floor Rise Charges – These are based on the floor on which the homes are located. Apartments on higher levels cost more.
Parking Space Costs – Depending on the location of the space, these fees are assessed for each parking spot, from Rs. 3 lakhs to Rs. 6 lakhs. Extra car parking will be charged additionally.
Goods and Services Tax (GST) – Fees levied by the State on purchase of a home.
Other Fees – These include fees such as the corpus fund maintenance costs, and these charges are:
Additional Charges | Rate | Basis |
Floor Rise | Rs. 25/- | Per SFT per Floor above 5th Floor |
Amenities and Clubhouse | Rs. 300/- | Per SFT |
Car Parking | Rs. 3,50,000/- | Per Car Parking (2 or 3 based on unit size) |
East Facing Premium | Rs. 100/- | Per SFT for East Facing Units |
Corner Unit Premium | Rs. 100/- | Per SFT for Corner Unit |
Other Charges | Rate | Basis |
Facilitation Charges | Rs. 25,000/- | For Registration and Moving In |
Refundable Security Deposit | Rs. 25,000/- | For Caution at the time of Moving In |
EWS/Infrastructure Charges | Rs. 100/- | Per SFT |
Corpus Fund | Rs. 150/- | Per SFT |
Advance Maintenance (2 Years) | Rs. 120/- | Per SFT |
Everyone needs to study this sheet to fully understand the finances of buying a home. They help in making wise decisions and mean smoother transactions. People can then decide on what home they can afford. By going through the cost sheet of Century Liva, buyers may determine the total cost of the homes here.
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