V
Vijay Maurya
posted on 25 MayRajarajeshwari Nagar first home: hidden costs dilemma
Rajarajeshwari Nagar mein ND Developers ka project dekh raha hoon. Property price ke upar stamp duty, registration, interiors ka kitna extra kharcha aata hai? First-time buyer hoon, please guide.
#rajarajeshwari-nagar#nd-developers#hidden-costs#first-time-buyer#bangalore-property
Comments
It's a classic dilemma for all first-time buyers, especially in a city like Bangalore where property prices are already high. The initial quote is never the final one. You have to factor in everything from government taxes to builder-specific charges, and then your personal touch for interiors. It's a significant financial commitment. Hope you get a clear picture. So, OP, after reading all this, what are you leaning towards? Did you get a revised quote or a clearer breakdown from ND Developers?
Dekho, current market conditions mein Rajarajeshwari Nagar mein 6500-7500 per sqft chal raha hai for good projects. Iske upar aapko 7-8% stamp duty aur registration charges lag jaayenge Karnataka mein. Uske baad 1% legal fees, 1% GST on construction (if applicable), society formation charges, maintenance deposits. Easily, yeh sab milake 10-12% of the property value ho jaata hai. Interiors ke liye 5-7 lakh minimum rakhna padega for a 2BHK. Better to have a buffer of 20% on the total property cost.
First-time buyer ho toh ghabraana normal hai. My advice: jab bhi builder se baat karo, ek detailed breakup maango. Saare charges, taxes, deposits, connection fees. Aur usko written mein lo. Interiors ke liye toh alag se budget banao, usko property price mein count mat karo. Minimum 15% extra on the property value for stamp, reg, and other charges is a safe bet in Bengaluru.
ND Developers? Be careful, yaar. Mera ek cousin ne unka project dekha tha Whitefield mein, possession dates ka bahut issue tha. Rajarajeshwari Nagar mein competition kam hai, toh shayad wahan thoda better ho, but still. Usually, builders quote a base price, then add floor rise, car parking, club house membership, BESCOM/BWSSB charges, maintenance deposit. Interiors mein toh sky is the limit, but basic modular kitchen aur wardrobes mein 3-5 lakh toh aaram se lag jaate hain. Don't forget electricity and water meter charges.
Yaar, yeh hidden costs sunke hi meri toh himmat toot jaati hai. Builder bas base price highlight karte hain, baaki sab chhupa ke rakhte hain.
U5, ND Developers ke Rajarajeshwari Nagar project ke baare mein suna hai ki they're trying to fast track. But yes, delays are common with most builders in Bengaluru right now due to labour shortages and material costs. RERA website pe check kar lena, wahan actual possession date aur revised dates mil jaati hain. Always cross-verify.
Whitefield mein delays? Rajarajeshwari Nagar wale project ka possession status kya hai phir?
Bhai, you've hit the nail on the head! Rajarajeshwari Nagar mein property dekhna matlab hidden costs ki poori list ke liye ready rehna. Property price toh bas shuruat hoti hai. Stamp duty, registration, legal fees, then interiors ka kharcha alag se. First-time buyer ke liye toh yeh sab sunke hi darr lagta hai. Kitna extra budget rakhna chahiye, yeh samajh nahi aata.
Sahi keh rahe ho. Mera friend Aavalahalli mein liya tha, usko laga 10-12% extra aayega. End mein 18% tak chala gaya. Builder ne bahut saari cheezein standard mein nahi daali thi, upgrade ke naam pe loot liya. ND Developers ka track record bhi check kar lena.
Exactly! Uske upar GST bhi lagta hai construction cost pe. Minimum 15-20% extra toh pakad ke chalo, base price ke upar.