Facts About Maintenance Charges That A Buyer Needs To Be Aware Of

Are you planning to buy a new house? Before investing in a new home one should be aware of maintenance that will be applicable to the property in the future. Keep in mind these factors before making the payment to avoid financial difficulties later on.

Check before booking

Almost all housing societies demand the residents pay maintenance charges. The maintenance charges vary from project to project depends on amenities, are of flat, location etc. One should check the maintenance charge before making an investment.

Calculation of Charges

Some societies levy the charge as per the area of the flat. Get an idea regarding how the maintenance charges are calculated. Have a basic idea on how much you are about pay and plan accordingly.

Time to pay

Make the payment of maintenance charges once the registry has done.

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