08/10/2024
Keep these 4 hidden costs in mind while you are budgeting your property expenses before buying a home for yourself. 🏡
🔖 Brokerage Fee: It is typically 1-2% of the property value. Clarify the commission with your agent upfront, especially for villas in North Bangalore or luxury apartments in Bangalore.
🔖 Stamp Duty: It ranges from 3% to 7% of the property’s value, this is a mandatory charge for legal registration. Plan ahead!
🔖 Parking Space: There are additional fees apply for parking, varying based on the type if it is open or covered. Confirm the charges beforehand!
🔖 Maintenance Deposit: It covers future upkeep and security services in luxury flats apartments in Bangalore. It is often collected in advance.
Follow Yellow Walls for more expert insights on luxury homes in Bangalore! ✨
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