Apartment Cost Breakdown is not the final number on a brochure, and most buyers spend 20% to 40% over the advertised price. This happens once every cost gets added in. A safe rule: budget the quoted price plus 25-30% more. This covers taxes, registration, parking, legal work, and deposits.
Interiors add further cost on top of this. This guide breaks down where that extra money goes. It uses Nambiar Beverly Green in Bengaluru as a real example.
This is the headline number on every brochure. It's worked out per square foot of area. Every project advertises this figure prominently. It's rarely the whole story, though.
At Nambiar Beverly Green, the base rate is ₹13,499 per sq.ft. This applies to saleable areas, not the plot itself. A 35×55 villa carries 3,732-3,782 sq.ft. of saleable area. It starts near ₹5.48 Cr at this rate. A 40×63 villa carries 4,627-4,638 sq.ft.
Instead, it starts near ₹6.82 Cr under current pricing. These villas are G+2 structures built upward. So, the saleable area runs 1.8-2x the plot size. Applying the rate to the plot area alone would undercount the price badly.
Taxes levied by the government account for 5-6% of the total property cost. This generally consists of 5% of stamp duty and 1% of registration fee. Taxes are charged separately from the cost offered by the builder. The taxes are decided based on the rates provided by the state.
This is done on the day of sale deed registration. At Nambiar Beverly Green, this is separate from the quoted price.
GST of 5% applies on under-construction houses only. Ready-to-move-in properties remain free from this tax. At Nambiar Beverly Green, this 5% tax comes built-in. This tax is tucked within the amount of ₹5.48 Cr and ₹6.82 Cr. These figures are tax-inclusive figures. They are not base figures to which tax has yet to be added.
Higher floors or corner plots usually carry a premium. Park- and road-facing units often cost more too. At Nambiar Beverly Green, certain plots attract extra charges. Plots fronting six landscaped parks qualify for this. So do plots along the 12 m internal roads.
Corner positions also attract this preferential charge. This ranges from ₹18.66 L to ₹46.27 L. It comes on top of the base villa price.
A one-off payment is charged in this regard for all projects. This fee takes care of parking and facilities shared among others. For instance, Nambiar Beverly Green has combined this into a single fee that costs between ₹18.66 L and ₹23.19 L per plot.
The process of legal verification is usually not expensive. Agreement drafting will also increase your expenditure. The total cost will be about ₹10,000 to ₹50,000. This will apply no matter what project you select.
The banks levy a fee of between 0.25% and 1% of the amount of money being lent. The fee is put as a processing fee for your mortgage application. Nambiar Beverly Green offers you an already finished villa and not an undeveloped piece of land.
Buyers typically prepay one to two years of maintenance. A one-time corpus deposit also gets collected. In East Bangalore, this runs roughly ₹2.5-5 per sq.ft. monthly. At Nambiar Beverly Green, first-year maintenance is ₹48 per sq.ft.
This figure already includes GST as well. An equal amount gets collected upfront as a deposit too. Both figures are calculated on the saleable area directly. So they scale with the size of your house.
Custom woodwork and kitchens remain optional additions. False ceilings and appliances add further cost too. These can add several lakhs depending on finish quality. This cost layers on top of any project's base price.
First, verify the kind of area on which the rate is based. A figure representing only the plot size would usually be deceptive. It is mostly the hidden land area figure. In the case of Nambiar Beverly Green, the saleable area is almost twice the plot size.
Budget 20-40% extra on top of the base quote. This includes stamp duty, registration charges, GST, PLC, parking, and deposit.
No, a GST of 5% is applicable only on under-construction apartments. Ready-to-move-in apartments will be exempt from this tax.
It is an extra fee levied on apartments that have some sort of locational advantage. It can be because of having higher floors, corner plots, or park views. At Nambiar Beverly Green, this fee ranges between ₹18.66 L and ₹46.27 L.
This is because here, the buyer will be purchasing a ready-made G+2 villa and not land. Hence, the saleable area is taken into account here and is nearly twice the plot size in this case.
No, as K-RERA registration for the same is pending till now. The same will be received by 20th August 2026.
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