Know all about Society Maintenance Charges
One of the expenses of living in a gated community is the maintenance fee. It is the price one must pay to avail of the amenities and facilities. As a regular expense, it can significantly raise your cost of living. Hence, it’s important to understand society maintenance charges and what they consist of. What are […]
Bangalore residents may have to bear property tax on common areas
BBMP (Bruhat Bangalore Mahanagara Palike) has proposed a plan to charge property tax on the common areas in commercial and apartment complexes. The common areas will include all facilities such as playground, parking space, garden, gym, pool or lobby. As a result, it really doesn’t matter if the common area is owned by an individual […]
