Prestige Palm Court Cost Sheet
Understanding the Cost Sheet
The cost sheet is an essential document that provides a complete breakdown of all costs associated with purchasing an apartment at Prestige Palm Court. It helps buyers understand the total investment required beyond the base price of the property.
Components of the Cost Sheet
The Prestige Palm Court cost sheet includes the following key components:
1. Base Price
The base price is calculated based on the carpet area of the apartment. At Prestige Palm Court, the base price starts from Rs. 7,500 per square foot during the pre-launch phase.
2. Carpet Area Cost
This is the cost calculated based on the actual usable floor area of the apartment, excluding walls and common areas.
3. Built-up Area Cost
The built-up area includes the carpet area plus the thickness of walls. This measurement is often used for pricing calculations.
4. Sale Value
The sale value is the total price of the apartment based on the agreed rate and area measurements.
Additional Charges
Beyond the base price, buyers need to account for these additional costs:
| Cost Component | Approximate Rate |
|---|---|
| Stamp Duty | 7% of Agreement Value |
| Registration Charges | 1% of Agreement Value |
| GST (Under Construction) | 5% of Agreement Value |
| Car Parking (Covered) | Rs. 5 Lakhs onwards |
| Club Membership | Rs. 1 Lakh onwards |
| Legal & Documentation | As applicable |
| Maintenance Deposit | 24 months advance |
Sample Cost Calculation
Here is a sample cost breakdown for a 2 BHK apartment at Prestige Palm Court:
| Description | Amount (Approx.) |
|---|---|
| Base Price (1400 sq.ft @ Rs. 7,500/sq.ft) | Rs. 1,05,00,000 |
| Floor Rise (5th Floor @ Rs. 50/sq.ft) | Rs. 70,000 |
| Car Parking (1 Covered) | Rs. 5,00,000 |
| Club Membership | Rs. 1,00,000 |
| Total Agreement Value | Rs. 1,11,70,000 |
| GST @ 5% | Rs. 5,58,500 |
| Stamp Duty @ 7% | Rs. 7,81,900 |
| Registration @ 1% | Rs. 1,11,700 |
| Total Cost | Rs. 1,26,22,100 |
Floor Rise Charges
Apartments on higher floors attract additional floor rise charges:
- Ground to 4th Floor: No additional charge
- 5th to 10th Floor: Rs. 50 per sq.ft
- 11th to 15th Floor: Rs. 75 per sq.ft
- 16th Floor and above: Rs. 100 per sq.ft
Important Notes
- All prices are indicative and subject to change
- GST rates may vary based on government regulations
- Stamp duty rates are as per Tamil Nadu government norms
- Additional charges may apply for premium views or locations
- The detailed cost sheet will be provided after RERA approval
Request Cost Sheet
For a detailed and personalized cost sheet for your preferred apartment type, please contact us. Our sales team will provide you with complete pricing information based on your requirements.
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