Prestige Camden Gardens Maintenance charges
Prestige Camden Gardens Maintenance charges are payments that buyers have to pay to maintain common areas and amenities like swimming pools, parks, gyms, etc. The Maintenance charges vary with each property. Buyers can pay these charges either annually or monthly.
All apartments have a lot of amenities and the owners must pay a maintenance fee so that a separate team will take care of all the cleaning work. The details of the maintenance charge are in there the builder-buyer contract, and it requires timely payment.
Prestige Camden Gardens Project Highlights
| Type | Residential |
| Project Stage | Prelaunch |
| Location | Thanisandra, Bangalore |
| Builder | Prestige Group |
| Floor Plans | 1, 2, 3, and 4 BHK |
| Price | Rs 60 Lakhs |
| Total Land Area | 10+ Acres |
| Total Units | 800 units |
| Size Range | 660 - 2100 Sq Ft |
| No of Towers & Floors | Onrequest |
| RERA No | NA |
| Completion Date | 2028 |
The Maintenance Charges are important to keep the common areas in a property in good shape. Associations collect them, and they use these charges to maintain the property as needed.
The maintenance charges of Prestige Camden Gardens includes
Key features of the project:
| Type | Area | Approximate Maintenance Charges |
| 1 BHK | 660 sq ft | Rs. 5000 to Rs. 7000 |
| 2 BHK | 1040 to 1175 sq ft | Rs. 7600 to Rs. 10,000 |
| 3 BHK | 1430 sq ft to 1480 sq ft | Rs. 9200 to Rs. 12,000 |
| 4 BHK | 2100 sq ft | Rs. 12,000 to Rs. 16,000 |
During Booking of an apartment, annual maintenance charges has to paid in advance for all units. It starts from Rs. 60000 for 1 BHK apartments and ranges upto to Rs.2 Lakhs based on the size of the unit.
The maintenance charges for each month are based on the unit’s size, and the amount to be paid each month is calculated based on the Equal maintenance method, where some fixed charges are collected monthly. In the Per sq ft method, a fixed rate is charged based on the per sq ft of the unit.
There is a hybrid method where a fixed charge is there for all houses, and variable charges are there for water and other common things. Every project follows the methods to which most of the buyers agree.
The maintenance charges at Prestige Camden Gardens are used for numerous purposes, and here is a breakup of what the money is used for
- The money used to pay bills for water and electricity that are used.
- For buying items needed for the project.
- To maintain common areas like car parking, security systems, gardens, lifts, and stairs.
- A small amount of the fees is set aside as a safety amount for any unplanned repairs.
- To maintain the amenities of the project
The Homeowner’s Association fixes the amount to be paid by every owner and the due date for the charge’s payment. It also holds regular meetings to let every owner know how Prestige Camden Gardens Maintenance charges have been used in the enclave.
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