A cost sheet is a breakdown of property costs incurred at the time of buying the property. The cost sheet lists different categories for which the developer charges specific amounts. The document shows the cost of registration, stamp duty, GST and other charges.
Sobha Crystal Meadows's cost sheet is a financial document that breaks down the cost of houses and additional charges. It helps the buyers to understand the costs for the possession of the house based on per square foot. Along with the price breakdown, it shows the cost of construction and other charges that the buyer has to pay.
Sobha Crystal Meadows Project Highlights
Type |
Row Houses |
Location |
Sarjapur, Bangalore |
Builder |
Sobha Limited |
House Plan |
4 BHK triplex |
Project Size |
26.675 Acres |
.
Price |
INR 7.5 crore onwards |
Total units |
290 units |
Number of Floors |
G+3 |
Launch Date |
October 2024 |
Possession Date |
December 2028 |
Sobha Crystal Meadows is a pre-launch residential villa project in Sarjapur, Bangalore. The site is being developed on 26.67 acres and offers premium 4 BHK villas. The size of the villas is 3850 sq. ft. and 4435 sq. ft. with a starting price of 7.5 Cr onwards. The grand society is waiting for the RERA approval.
The Sobha Crystal Meadows cost sheet comprises of:
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Base price of the house - The builder shows a rate per square foot as the base price. This base price covers both the land and construction costs. It's calculated by multiplying the rate per square foot by the super built-up area.
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Sale agreement value - The sale agreement value is a price paid in a certain percentage of the total selling value of the house. This price has to be paid by the buyer at the time of signing the agreement. The owner fixes the agreement value, which has to be paid by the buyer.
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Corpus fund - The builder takes a corpus fund from buyers at the time of booking the property. It is a non-refundable amount and is transferred to the society upon formation. This fund is used for unexpected expenses like maintenance of common areas.
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Maintenance charges - Builders take an advance maintenance charge from the buyers at the time of booking the property. This charge is taken for upkeeping the society. For repairing the foyer, swimming pool and other common areas, a maintenance charge is taken.
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Stamp duty and registration charge - At the time of purchasing a house, stamp duty and registration charges are mandatory fees to be paid. These charges are paid during the property registration process. Buyers have to pay these fees directly at the Sub-Registrar Office. The amount differs from state to state.
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GST - Builders collect GST from buyers for under-construction properties. However, once the civic authority issues the completion certificate, GST is no longer applied. It's because the property is now ready to move into.
The Sobha Crystal Meadows cost sheet will be available after the launch of the project. The cost sheet will be flexible and budget-friendly. These prices will be taken in instalment and buyers can buy their dream home comfortably.