Provident Botanico Maintenance Charges

Provident Housing Limited is building a new neighborhood called Provident Botanico on Soukya Road in Whitefield, Bangalore. This project is spread out over 14 acres and has 1100 living units. This one also has nine towers, and the project takes up more than 70% of the open room. Two types of homes are available in Provident Botanico: 2 BHK units and 3 BHK units. Each 2 BHK apartment is between 950 and 1150 square feet, and each 3 BHK apartment is between 1250 and 1500 square feet.

Provident Botanico Project Highlights

It is best to put money into the Provident Botanico project right now because the prices of the flats are increasing. Beginning prices for these flats are INR 75 Lakhs, and the project has a calm atmosphere. The Provident Botanico will open in November 2023, and people will be able to live in it by 2027. The RERA hasn't given its approval yet, but once it does, you will be able to move into your dream flat. The ultimate goal of the Provident Botanico is to provide you with a peaceful, high-class way of life by combining unique modern buildings with nature.

There are Provident Botanico maintenance charges, which are also known as maintenance fees or general fees. Apartment owners pay these up-front fees every month. The maintenance fees are crucial because they help keep the shared areas and services in better shape to use them further.

Here is a summary of the vital points about the provident botanico maintenance charges or fees:

Common Area Maintenance:

This repair fee keeps the shared services and general areas in good shape. Hallways, elevators, lobbies, parking lots, landscaping, exercise centers, pools, and security services are all common places that are charged for in this way.

Property Maintenance:

Renting out people to fix things, keeping things safe, and doing other office work are all part of this care charge.

Allocation Factors:

There are a lot of things that go into figuring out how much a property owner should pay for care. Some of these factors are the size of the unit or land that the owner owns, the number of people who live in that property, or the rules that the owners or condo group have set.

The HOA or condo association's job:

Collecting and managing rental fees is part of the job of HOAs and apartment groups. Thus, HOAS has to make yearly budgets and plan all its maintenance work and shared area care.

Making a budget:

The HOA or condo group must also make a budget that shows how the care fees are spent. This budget is usually made once a year and includes the prices of repairs, gardening, utilities, insurance, and other essential services.

Payments that are required:

People who own apartments should pay the upkeep fees every month. If you don't, you could be fined or sued. By paying these maintenance fees, you're helping the management keep the shared areas and services in good shape.

The Highlights of Provident Botanico

Project type: Residential Development Units: Apartments Property configurations: 2 BHK and 3 BHK Land Area: 14 acres Number of Apartments: 1100 units Building structure: 9 Towers, G+18 and G+24 Apartment sizes: 950 to 1150 sqft for 2 BHK, 1250 to 1500 sqft for 3 BHK Starting price: INR 75 Lakhs Launch Date: November 2023 Possession year: 2027vxe

Conclusion

Overall, Provident Botanico in Whitefield, Bangalore, is a great place to live, with 2 BHK and 3 BHK flats starting at INR 75 Lakhs. This 14-acre project has nine towers with 1,100 units and open spaces. Maintenance fees are needed to keep the shared areas in good shape, but exact amounts are not given. People who want to buy a home should know how the Homeowners' Association handles these fees. The natural settings and modern living in Provident Botanico work well together, making it a good investment for people who want to live a peaceful, high- class life.

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