If you’re planning to buy a home in Merlin Avana, understanding all the costs involved is important. Beyond the base price of the apartment, there are several additional expenses to keep in mind, including stamp duty, maintenance, parking charges, and more. Here’s a detailed look.
1. Base Price of the Apartment
The first and most obvious cost is the price of the apartment itself. Merlin Avana offers 2BHK, 3BHK, and 4BHK units. The final price depends on the size, floor, and view of the apartment you choose.
2. Stamp Duty and Registration Charges
When you buy a property in Kolkata, stamp duty and registration fees are mandatory. Stamp duty is generally calculated as a percentage of the property value, and registration charges cover the legal documentation of the property in your name. These costs are typically paid at the time of possession.
3. Maintenance Charges
Merlin Avana has a range of amenities like a clubhouse, gym, and landscaped gardens. Maintenance charges cover the upkeep of these facilities. Usually, this is calculated on a per-square-foot basis and is paid monthly or yearly, depending on the policy.
4. Parking Charges
Parking is often an extra cost in residential projects. At Merlin Avana, parking charges vary depending on whether you choose a covered or open parking spot. It’s important to factor this in when planning your budget.
5. Other Costs
There may be additional charges such as advance utility deposits, club membership fees, and GST on certain components. These costs are usually clearly outlined in the payment schedule provided by the developer.
Buying a 2BHK, 3BHK, or 4BHK in Merlin Avana involves more than just the base price. Factoring in stamp duty, registration, maintenance, parking, and other costs helps you plan your finances better and avoid surprises at the time of possession.
By understanding these costs upfront, you can make a confident, informed decision about your investment in Merlin Avana.