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Ab Sab Zero: An offer you can’t resist (Ab Zero Hi Hero)

Author: Suraj Pawar
by Suraj Pawar
Posted: Jul 19, 2019
  • Hidden Costs adding several Zeros

    When purchasing a house of your own, you consider all the evident costs, However, you miss out on many other pinches that are involved in this complicated process of buying a house. These hidden costs raise the quoted price of the property, and the buyer ends up shelling out a lot more money than planned. Many times buyers jump into a deal considering only the base price quoted by the builder or the seller without thinking about various hidden home charges like stamp duty and registration charges, maintenance deposit, Mseb charges, Infrastructure charges, Gst, Maintainance charges and floor rise charge.

    These charges when cumulated are a huge deprivation for the buyer in addition to the original standing cost.

    Grand Opportunity to make Zero the Hero

    The "); background-size: 1px 1px; background-position: 0px calc(1em + 1px);">Roongta Group of Builders have opened the doors of good fortune for all its new buyers until 30th of July. Where you pay a big zero in lieu of the lakhs that you were surely entitled to pay if you paid;

    1. Stamp Duty and Registration fee- Now it’s Zero the Hero

    Stamp duty is a compulsory fee that the buyer is supposed to pay the state government to get the house registered under his/her name. These charges may differ from state to state from 5–7% and the court charges a registration fee for it, which is generally 1–2%. This may seem like a small amount but sums up to a lot. Let’s say, for example, the base cost of the house is 3.75 crore rupees. In this case, the stamp duty will come up to 18 lakh rupees and the registration charges will be 3.75 lakh rupees. So stamp duty and registration charges together will cost you around 20–21 lakh rupees.

    2. Maintenance Deposit of lift- But you pay Zero the Hero

    Builders charge advance maintenance for the only lift which is made a fixed deposit in the bank which is used for maintenance of the lift for a year.

    3. Goods and Service Tax –This too just for you Zero the Hero

    Any under-construction property that is purchased in India is charged with Goods and Services Tax. The GST on the under-construction property is 5%

    4. Infrastructure charges — Yes it's a big Zero the Hero

    These are a one-off charge, charged by all water companies, for first-time connections to our network. Each new connection that adds a new demand to our water and sewer network will incur these costs.

    5. Floor Rise- Rise higher with the Hero of Zero

    Higher floors ensure better view, peace, and ventilation but at the cost of a lighter pocket as the floor rise cost is Rs. 25 (floor rise cost) x 4 (floor number) x 1,000 (saleable area). Hence, the total floor rise cost is Rs. 1 lakh.

    "); background-size: 1px 1px; background-position: 0px calc(1em + 1px);">Projects in the prime location of holistic Nasik such as Gangapur Road, Govind Nagar, Mumbai Naka, Indira Nagar, Makhmalabad and Chetna Nagar are bestowed upon by such a once in a lifetime opportunity to save lakhs from your hard-earned money. Roongta Group of Builders not only gives the best of its structural creations and "); background-size: 1px 1px; background-position: 0px calc(1em + 1px);">luxurious amenities to its potential buyers but also go beyond all other with this offer Ab Zero the Hero.

About the Author

My name is Rahul Pawar and currently I am working as a Sales executive with one of the most renowned builder in Mumbai. If you are interested to buy a href=https://www.ashwinshethgroup.comresidential property in mumbai then contact me directly

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Author: Suraj Pawar

Suraj Pawar

Member since: Jul 01, 2019
Published articles: 64

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