Godrej MSR City Cost Sheet

A Godrej MSR City cost sheet is a detailed document provided by Godrej Properties that outlines the complete breakdown of the expenses involved in purchasing a residential unit (apartment) in their Godrej MSR City project in Bengaluru. It essentially tells you the total amount you will have to pay and what that amount covers.

Here's a breakdown of what a typical "Godrej MSR City cost sheet" would include:

1. Base Price of the Apartment

This is the basic cost of the apartment unit. It is usually calculated based on the carpet area or super built-up area and the per square foot rate. The cost can vary based on the floor, size (e.g., 2 BHK, 3 BHK), and orientation of the apartment.

2. Additional Charges

• Floor Rise Charges: Extra charges for units on higher floors.
• Preferential Location Charges (PLC): Extra charges for units facing amenities like gardens, pools, or open spaces.
• Car Parking Charges: Cost for one or more designated parking spots (single or tandem).
• Clubhouse Membership Fees: One-time fee to use clubhouse facilities.
• Advance Maintenance Charges: Upfront fee covering maintenance for the first year or initial period.
• Corpus Fund: A one-time deposit used for the long-term upkeep of the property and common areas.
• Infrastructure Charges: Charges for internal roads, lighting, and other infrastructure.
• External and Internal Development Charges: Fees for development within the project and surrounding area.
• BESCOM and Water Charges: Fees for electricity and water connections.

3. Government Taxes and Levies

• GST (Goods and Services Tax): Tax on under-construction properties. The applicable GST rate should be mentioned.
• Stamp Duty and Registration Charges: Government fees for registering the property in your name. Rates are fixed by the Karnataka state government.
• Other Government Levies: Any additional government-imposed charges.

4. Payment Plan

While not a direct cost, the payment plan is part of the cost sheet. It shows how payments are structured, either based on construction progress or on a fixed schedule.

It will mention the booking amount, installment amounts, and due dates.

Why is the Cost Sheet Important?

• Transparency: Gives a clear view of all costs involved, avoiding hidden charges.
• Budgeting: Helps you understand the total cost and plan your finances.
• Loan Planning: Required by banks for home loan processing.
• Comparison: Useful for comparing costs across different projects.

A well-structured cost sheet ensures full transparency between the buyer and developer. It offers clear insight into every expense involved in the real estate transaction, helping buyers understand the true cost of ownership.

Godrej Properties is known for offering competitive and affordable pricing, making it easier for aspiring homeowners to invest in their dream property. Located near Bangalore Airport in Devanahalli, this premium project offers spacious apartments at attractive prices, making it a top choice for homebuyers and investors in North Bangalore.