Sobha Crystal Meadows Maintenance Charges

Sobha Crystal Meadows maintenance charges are fees that residents pay for the upkeeping of the society. These charges are taken for maintaining the common areas like swimming pool, lobby and parks. These charges are mandatorily paid by every resident.

Sobha Crystal Meadows is a 'London-themed' residential villa project on Sarjapur Road, Bangalore. The township is in the pre-launch stage and will be inaugurated in Oct 2024. The project will be completed in Dec 2028, and has applied for RERA. After receiving the RERA approval, construction of the township will begin. The grand site spreads over 26.67 acres and offers 4 BHK villas.

The project offers top-class amenities for every age group. To maintain these amenities and provide an up-to-date society the maintenance charge is taken. The builder takes these charges in advance at the time of buying the villa. After the buyers move in, the HOA takes the maintenance amount. These charges are compulsorily set by the RERA Act.

Maintenance charges are a set fee that residents pay each month to the housing society. It is taken for maintaining the shared areas within the gated community.

Highlights of Sobha Crystal Meadows

The charges are taken for many things. Some of the important details of the Sobha Crystal Palace maintenance charges are:

1. Upkeeping the property - Maintenance charge is taken for managing the roads, security and outer infrastructure in the township. These charges are given to the workers who repair the property. The charges are kept in the property fund.
2. collection of fees by HOA - HOA or homeowners' association collects charges from residents for maintaining the society. The association makes a budget for the maintenance. The members collect a certain amount on a fixed date. These members make sure that all the common areas are well maintained.
3. Allocation of charges - Individuals or property owners contribute to maintenance expenses based on certain factors. These factors are the size of the property, the number of occupants, or regulations established by the HOA.
4. Payment period - The association fixes a payment time or date. Residents have to pay this amount on a fixed date.

Calculation of maintenance charges

1. Fees calculated as per square feet - This method is applied when houses vary in size. The total square footage of the house determines the maintenance fee. For instance, if the committee sets a rate of Rs 2 per sq. ft. and the unit measures 600 sq. ft., the resident has to pay Rs 1200. However, if the unit is 1200 square feet, then payment is Rs 2400.
2. Equal fees - This method works best when all houses are of similar size. The total maintenance fee for the month is combined and then evenly distributed among all residents. This method ensures fairness for everyone.
3. Hybrid fees - In this method, owners pay a set fee, and additional charges are based on the size of their property. Out of all these methods, this is considered the fairest way to calculate these fees.