M
Manisha Mittal
posted on 9 MayNallurhalli SDMV Infra buyers — what were your final costs?
Nallurhalli — just took possession of my SDMV Infra 2BHK there. Pre-launch seemed great at ₹95L, but hidden charges like OC, parking, and specific PLC added another ₹8L. Made me question if early-bird is actually a discount for investors. Anyone else surprised by final costs post-possession?
#nallurhalli#sdmv-infra#pre-launch#hidden-charges#investor
Comments
OC aur PLC ka kitna charge kiya unhone? Was it fixed or percentage based?
Yaar, this is the current reality of the Bengaluru market. Property prices are already sky-high, and then these hidden charges just add insult to injury. It makes planning a budget almost impossible. I'm still trying to figure out how much buffer I need to keep for these 'surprises'. Any tips on how to negotiate or at least foresee these?
Haan, aur check karo ki agreement mein kya mention hai. Kuch builders toh 'miscellaneous charges' bolke kuch bhi add kar dete hain. RERA ke under ye sab transparent hona chahiye, but actual practice mein bahut loopholes hain.
Absolutely agree with what was just said. I learned this the hard way with my first apartment. They added a 'development charge' that was never discussed. Now, I always ask for a breakup of *all* possible charges, including stamp duty and registration, even if they say it's not applicable yet. It helps to compare apples to apples.
U4, the best way is to ask for a *complete* cost sheet, item by item, before booking. Don't just rely on the base price. OC (Occupancy Certificate) charges are standard, but the amount can vary. PLC (Preferential Location Charges) depends on your unit's location (e.g., higher floor, corner unit, garden-facing). Parking is usually extra, but sometimes negotiable. Insist on getting everything in writing, clearly itemized. It's your right.
This is a classic case of what builders do to attract early birds. My friend bought in Adigara Kallahalli two years back, thinking he got a great deal at pre-launch. By the time possession came, the final cost was almost 10% higher due to development charges, society formation fees, and something called 'corpus fund'. He was so upset, felt like he was cheated. It's a real pain point for budget-conscious buyers like us.
Same pinch! SDMV Infra ka track record waise bhi mixed reviews wala hai. I was looking at their project near Akshayanagar and got similar vibes. Did you specifically ask about these charges upfront or they just sprung them on you at possession time? Kya yeh legal hai?
U2, they usually hide these in the 'Annexure B' or some obscure clause. You sign for the base price, thinking you're getting a deal, but then the final payout is always 10-15% higher. It's frustrating for first-time buyers who don't know these tricks.
Exactly! They show a low base price but then add everything under the sun. It's a common tactic in Bangalore real estate, especially with these mid-tier builders. Makes you wonder if RERA has any teeth for this kind of transparency.
Actually, legal toh hai but they're often buried in the fine print. Builders usually mention 'other charges as applicable' and then hit you with OC, infrastructure charges, club house membership, maintenance deposit, electricity meter charges, etc. I faced this with a project in Aavalahalli. SDMV Infra is notorious for this, heard from many.
Bhai, this is exactly what happened with me! I thought 95L for a 2BHK in Nallurhalli was a steal, but then the final bill came and I almost fainted. Builder log ke hidden charges itne hote hain ki pre-launch price bas dikhaava lagta hai. Totally feel you on this one.