Maintenance charges are fees paid by the residents for upkeeping the housing project. These charges are to be paid for common areas like swimming pools, lobby repairs, parks, etc. These charges can be taken early or monthly by the residents.
Brigade Insignia maintenance charges are the fees paid by all the residents for up keeping of the project. These charges are to be mandatorily paid by all the residents and renters. Builders take a certain amount of maintenance cost after the purchase of the flat.
Highlights of Brigade Insignia
TYPE |
APARTMENT |
PROJECT STAGE |
PRE-LAUNCH |
LOCATION |
YELAHANKA, BANGALORE |
BUILDER |
BRIGADE GROUP |
FLOOR PLANS |
3 & 4 BHK |
TOTAL LAND AREA |
6 ACRES |
RERA ID |
APPLIED |
LAUNCH DATE |
2024 |
POSSESSION DATE |
2028 |
PRICE |
ON REQUEST |
NO.OF UNITS |
NA |
NO. OF TOWERS |
NA |
The Brigade Insignia maintenance charges are not yet disclosed. The township is in the pre launch stage and will soon be launched. The project is developing on 6 acres of land and will be completed in 2028. The township has 3 & 4 BHK premium apartments.
Maintenance charges are taken for the water bill, car parking area, and many more. The important details regarding maintenance charges are:
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Upkeeping of property - Maintenance charge is taken for managing the roads, security and outer infrastructure in the township. These charges are given to the workers who repair the property. The charges are kept in the property fund.
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Maintaining shared areas - Shared areas are common areas that every resident uses. To maintain these areas, a particular maintenance fee has to be paid. The common or shared areas are the lobby, parks, swimming pool, etc.
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Collection of fees by HOA - HOA or homeowners' association collects charges from residents for maintaining the society. The association makes a budget for the maintenance. The members collect a certain amount on a fixed date. These members make sure that all the common areas are well maintained.
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Factors for allocation of charges - Individuals or property owners contribute to maintenance expenses based on certain factors. These factors are the size of the property, the number of occupants, or regulations established by the homeowners' association.
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Budget planning - The Homeowners’ Association prepares a budget to ensure the township runs smoothly. The budget explains how the money from residents will be used. It's discussed in a meeting where expenses are listed one by one. These meetings inform all residents about the expenditure of funds. These budgets are planned every month or as per the needs of society.
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Transparency of use - HOAs have to be transparent while taking payment. This usage of fees has to be shown by the association clearly and discussed in the meeting. Meetings take place every month to solve the issues of the residents and discuss about the usage of the fees.
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Payment time - The association fixes a payment time or date. Residents have to pay this amount on a fixed date.
Brigade Insignia maintenance charges are important for society. The HOAs take responsibility for collecting and properly using the fees. The lifts, foyer or any issue related to the township can be taken care of from the maintenance charge.
Brigade Group pre launch new project Brigade Insignia