R
Rahul Patel
posted on 6 MayBuying my own flat in Bangalore is a whole different ballgame
Honestly, I thought I knew all the tricks being in real estate myself, but buying my own flat in Bangalore is a whole different ballgame. I'm looking at a 2BHK in K R Puram, maybe Keya Homes. Builder price toh theek lag raha hai, but yeh all-in cost ka calculation samajh nahi aa raha. Registration, stamp duty, PLC, parking, plus all those 'miscellaneous' charges... kitna extra lag jaata hai end mein? Has anyone faced crazy hidden charges near possession? Like, OC time pe kuch naya demand karte hain kya? Trying to budget properly, but yeh extra costs ka darr hai.
#k-r-puram#all-in-cost#hidden-charges#keya-homes#possession-charges
Comments
It's true, the overall cost can be daunting for first-time buyers. My advice would be to get a full cost sheet that clearly lists *all* charges – even the ones payable at possession. Don't rely on verbal assurances. For K R Puram, it's a developing area, so prices might appreciate, but quality and hidden costs are a real concern. Maybe check projects in nearby Agrahara Layout too, sometimes you find better deals with clearer cost structures there.
Sahi baat hai. OP, did you manage to get a clearer picture from Keya Homes after all this? What did you finally decide?
Always insist on a breakup of all charges in writing, even the tentative ones, before booking. Check the RERA agreement carefully, especially clauses about escalation and additional costs. Many builders try to hide these under 'miscellaneous'. Also, for K R Puram, make sure the land title is clear; some areas there have older disputes. It's better to pay a lawyer for due diligence than get stuck later.
My experience in Akshayanagar was similar. The base price was 60L for a 2BHK, but after adding everything – stamp duty (around 5%), registration (1%), GST (5% on construction), PLC (for park view, 2L), parking (3L), and then the society formation charges, IFMS, corpus fund, legal fees, etc. – it went up by almost 12-15L. The builder just says 'actuals at possession' for many things, which is vague. OC time pe they asked for an extra 1.5L for property tax adjustment and some 'final finishing' charges. It was painful.
U6, exactly! Roughly 20-25% extra on the base price is what you should mentally prepare for, especially in Bangalore's current market. Builders are trying to recover costs, and buyers end up bearing the brunt. Negotiate hard on anything not clearly specified.
So, from 60L, it became 72-75L? That's a huge jump! Kitna percentage extra laga total?
Keya Homes? Be careful, bhai. I've heard mixed reviews, especially regarding possession timelines and quality post-handover. My friend had a tough time with them in Aavalahalli. OC ke time pe they just spring new charges.
U3, mostly it was for electrical meter connection, water connection, and some 'clubhouse membership' fund that wasn't clearly mentioned upfront. Small amounts individually, but they add up. Plus, the delay was frustrating, almost 6 months.
Oh really? What kind of new charges did they spring, if you remember? Trying to avoid that shock!
Yaar, totally relate. I'm also looking for a 2BHK and the "all-in" cost is a nightmare to calculate. Builders quote one price, but by the time you add GST, registration, stamp duty, and then all these small-small charges, it easily shoots up by 15-20%. Budget pura hil jaata hai.