Prestige Rock Cliff Cost Sheet

A cost sheet is a detailed document that shows the price of apartments and their construction costs. It gives a breakdown of costs that are to be paid by the buyer. The cost sheet shows the base price, instalment amount and other charges while buying the apartment.

Prestige Rock Cliff cost sheet is a document that shows the cost incurred at the time of possession of the property. It helps buyers to understand the prices that have to be paid. These prices are fixed by the builder at its scheduled time. The base price, GST, and stamp duty are all mentioned in the cost sheet.

Highlights of Prestige Rock Cliff

Prestige Rock Cliff is a marvellous residential project developing in Banjara Hills, Hyderabad. The apartment project is being launched by Prestige Group in April 2024. It is spread over 6 acres and is offering 3 & 4 BHK apartments. The price of the lavish flats starts from 6 Cr onwards. After the project is launched the cost sheet and other documents will be launched.

Prestige Rock Cliff cost sheet consists of:

1. Base price of the units - The builder shows a rate per square foot as the base price. This base price covers both the land and construction costs. It's calculated by multiplying the rate per square foot by the super built-up area.
2. Sale agreement amount - The sale agreement amount is the value paid, usually a percentage of the total selling price of the flat. This price has to be paid by the buyer at the time of signing the agreement. The developer fixes the agreement value, which has to be paid by the buyer.
3. Corpus fund - The builder takes a corpus fund from buyers at the time of booking the property. It is a non-refundable amount and is transferred to the society upon formation. This fund is used for unexpected expenses like maintenance of common areas.
4. Maintenance charges - Builders take an advance maintenance charge from the buyers at the time of booking the property. This charge is taken for upkeeping the society. For repairing the foyer, swimming pool and other common areas, a maintenance charge is taken.
5. Stamp duty and registration charge - At the time of purchasing a house, stamp duty and registration charges are mandatory fees to be paid. These charges are paid during the property registration process. Buyers have to pay these fees directly at the Sub-Registrar Office. The amount differs from state to state.
6. GST - Builders collect GST from buyers for under-construction properties. However, once the civic authority issues the completion certificate, GST is no longer applied. It's because the property is now ready to move into.

Prestige Rock Cliff's cost will be flexible and suit the buyer's budget. The completion date of the site is set for 2028, after 4 years from the launch date.

Banjara Hills Hyderabad

Apartments near Airport

Prestige Group