Re: [Mahagunpuram] Possession Charges Explained

Dear Mr. Rajesh, 

Thanks for sharing such details. Its really very useful for my planning. Recently I visited Mahagun office for some clarification regarding the same.

When I came to know from this group only that Possession letter is issued for above the 10th  floor in Riddhi, I went to their office to check it and following shocking news I received. 

1) Letter send to my address (in Delhi) By 2nd Feb-13, But yet not received. today is 16th.

2) I asked for the Post details, He (Mr. Shailendra ,a Mahagun representative, after screaming) provided but after verifying on Indian Post website (Speed Post ) online tracking- does not exist. ( Some of our friend already mentioned this problem in group)-Notable.

3) I requested for the duplicated copy of my possession letter which I received and it was 14th Feb.

As per  letter,all charges  are as per the agreement but two things caught my attention:

1) Adhoc Charges :4853/-(4320+ST:533 @12.36%)

2) Ledger Balance: 5868/-

(These charges are over and above the charges which Mr. Rajesh has illustrated in trailing email)

Next day I went to Mahgun office and ask for  the clarification ( Mr. Shashikant, one of the name given in Possession letter). Tried to explain me as following:

1) Adhoc charges :are addition 20 Paisa/Sq ft of areas for 24 months as advance maintenance charges. At the time of Booing July-2012 it was Rs.1/sq ft,          Now it have increased to Rs.1.2/Sr.ft. ( I think builder never informed about this increase before sending PL (Possession Letter))

2) Ledger balance :which is showing in my account: due to Service tax charged (3.09%) for my covered parking which cost at the time of Booking 2 Lakh,         and it was tax free at the time of booking. (but still calculation did not matched. I am still blank.)

Now my concern is : I have paid all the dues well on time as per the contract.then why these mismatch are showing now.

I have also asked for the "COMPLETION CERTIFICATE"  to  show me but I dint get direct answer other than theory from him (without completion certificated how we can offer PL)

Here, I request to the group, first 

1) whoever has not yet received the PL, please go the Mahagun office and collect immediately.

2) Is covered car parking is liable for service Tax, If Yes, What is the Rate applicable for me ( 2.575% or 3.09 % or 12.36%)

3) Maintenance charges increased from Rs.1/sqft to Rs.1.2/sqft is justified. what is the date of effectiveness??

Prem Bhaskar

Riddhi

13th Floor.

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From: rajesh_rks <rajesh.marketing@gmail.com>
To: MahagunpuramRWA@yahoogroups.com
Sent: Monday, 11 February 2013 11:42 AM
Subject: [Mahagunpuram] Possession Charges Explained

 

Dear All,

Please find below details of Charges to be paid at the time of possession applicable to all i.e 900 / 1100 /1300 sqft

1) Meter Charges: 12500 + Service Tax = 14045
2) Legal Charges: 12000 + Service Tax = 13483
3) 24 Months deposit @ 1.2 i.e sqft X 1.2 X 24 = 25920 / 31680 / 37440
4) Sink Fund @ 10 per sqft = 9000 / 11000 / 13000
5) Advance Common Charges = 20000
6) Registry Charges : 10100
7) Stamp Duty: As per Mahagun Calculation for male
7% of {Cost at Circle Rate (sqmtr X 21500) + Parking + EDC/EEC/FFC + Legal charges + Meter charges } Stamp Duty will 7% of purchase price in case of new purchases so costly by another 50K approx.

Regards,

Rajesh

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