Key Rate Parameters You must know about While Buying a New Residence - ARProjects

1. Key Rate Parameters You must know about While Buying a New Residence Having your own residence in an exceedingly town like Pune is a vision for many of us. As there are a unit such a lot of property developers in Pune, there are a unit thousands of choices for purchasing a home. But the real estate agreement should be done with someone very honest. For that, you have to prefer only RERA registered developers in Pune. Expenses involved while the property is the main concerns for all of us and to clear the fog about it, we are bringing you a small guide. Here is the reason for all the expenses a developer will charge you when you are buying a property and sign the agreement:

2. 1 Basic Deal Price - BDP is the price that is promoted by the developer and it’s the major price of your property. 2Better Location Charge - You will have to pay the higher price if you wish land in a location preferred by most of the people. 3 External Electrification Charges - Developers accuse this value to get down cables and wires from power consumption meter to the flat. 4 Fire Fighting Equipment Charges - This is pretty obvious. All projects, be it a residential or business are meant to fix fire safety procedure and fire fighting instrumentation. 5 Infrastructure Growth Charges - These charges are paid on to the state government by the developer for developing the infrastructure for the project. The price varies from state to state. 6 External Growth Charges - These charges are again paid on to the state government by the developer for developing the internal areas around the project. The charge varies from state to state. 7 Car Parking Space -If this is often the first time you are buying a flat in a society, then this could come as a surprise to you. If you want you can buy equally covered and open parking. 8 Club Membership - This has become a standard norm these time to form a club inside a society itself for fun activities. Your society power or power not have this facility however if it has, it doesn’t come FREE. You have to give a charge for it and it’s NOT optional. Power Back - Up Charges - A power collapse is also an alien term in developed countries but India actually wants a good power back-up. There are charges for setting up the power back up fix inside your society and keep your air conditioners running even when there is a power cut from the state power board. Electric Connection Charges - Do not be under the idea that if you have paid the EEC and power back up charges, you are complete your electricity needs. EEC is a total charged by developer only to line up the infrastructure for getting electricity to your apartment. Water, Drainage Charges - How can we miss the most valuable resource on earth? You would be compulsory to buy water service set up in the complex too. The amounts are paid to the government and can vary in line with your state. Registration Charges and Stamp Duty - These charges are paid to the state government for register property on your name. This payment is charged as a share of the registered value of the property and varies from state to state.

3. This might show a little hard but it is very easy once you know the story. So if you are thinking of investing in ongoing residential projects in Pune, you should get a clear idea about the various costs involved in buying a home. Find an honest real estate developer in Pune for a secured future. To know more in details, visit us at ARProjects and get the visible experience of property dealing. For More Details Contact us http://arprojects.in