Buying a new home is a
big decision in one’s life. It is one of the most significant investments one
make in his lifetime. When looking for a new home, one may miss out some hidden
costs involved in a home buying process. The buyer should account for these
hidden costs too. Here is a list of some hidden costs that a home buyer should
aware of.
• Registration & stamp duty charges
The registration charge
is the fee which is paid to the state govt. for registering the property in the
buyer’s name. The stamp duty will be approximately 5 to 7% of the property
value.
• Maintenance charges
Generally, maintenance
charge covers common amenities such as clubhouse, gym, party area, garden, swimming
pool etc.
• Parking Charges
The buyer has to buy
the parking space for your vehicle separately.
• Preferential location charges
PLC or Preferential
location charges is the charge paid for a property which is in a better
location or position.
Ladder Kerala, one of
the most reputed builders in Calicut, offers premium living spaces, apartments in Calicut, at its project Ladder Mankav
Greens. The project, flats in Calicut, facilitates a luxurious urban lifestyle
in a premium abode.
To Know More Ladder Kerala
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