Maintenance Charges Deposit Clause Samples
The Maintenance Charges Deposit clause requires a tenant or occupant to pay a specified sum upfront to cover future maintenance costs associated with the property. Typically, this deposit is collected at the start of the lease or occupancy period and may be used to pay for repairs, upkeep of common areas, or other routine maintenance expenses. Its core function is to ensure that funds are readily available for property maintenance, thereby protecting the landlord or property manager from unexpected costs and ensuring the property remains in good condition throughout the tenancy.
Maintenance Charges Deposit. Rs.2.50 (Rupees two and paise fifty) per Square Feet of the Super Built-up Area, per month for 12 Months, together with applicable GST. (The Payment Plan will depend at what stage of completion of the Said Block the Agreement for Sale will be executed).
Maintenance Charges Deposit. An amount calculated on the Chargeable Area of the said Apartment shall be paid by the Allottee as maintenance charges deposit estimated for One Year. This amount is payable by the Allottee to the Owners/Developer on or before Possession Date or as demanded. In case the maintenance charges/tax increase, the Allottee shall have to pay the increased amount of maintenance charges to the Owner/Developer. The Owner/Developer or the association maintaining the said Project shall raise bills on monthly basis with taxes (as applicable).
Maintenance Charges Deposit. Rs.3 (Rupees Three) per Square Feet of the Super Built-up Area, per month for 12 Months. with applicable GST which will be subject to the ongoing market escalation. (In case of agreement before commencement of construction of the concern Building.) On Expression of Interest Rs. 1,00,000/- together with applicable Goods & Service Tax. Within 10 days from the date of issuance of the Booking Letter 10% of the Unit Cost, Less the amount paid at the time of Expressions of Interest together with applicable Goods & Service Tax. Within 30 days from the date of issuance of the Booking Letter on Execution of Sale Agreement 20% of the Total Price Less amount paid prior to Agreement for Sale together with applicable Goods & Service Tax. On Completion of Piling 10% of the Total Price together with applicable Goods & Service Tax. On Completion of Ground Floor Roof Casting 10% of the Total Price together with applicable Goods & Service Tax. On Casting of 1st Floor 10% of the Total Price together with applicable Goods & Service Tax. On Casting of 5thFloor 10% of the Total Price together with applicable Goods & Service Tax. On Casting of 9th Floor 10% of the Total Price together with applicable Goods & Service Tax. On Completion of Roof Slab 10% of the Total Price together with applicable Goods & Service Tax. On Completion of Internal Flooring 10% of the Total Price together with applicable Goods & Service Tax.
Maintenance Charges Deposit. Rs.3 (Rupees Three) per Square Feet of the SuperBuilt-up Area, per month for 12 Months, together with applicable GST. (In case of agreement before commencement of construction of the concern Building.) On Expression of Interest Rs. 1,00,000/- together with applicable Goods & Service Tax. Within 10 days from the date of issuance of the Booking Letter 10% of the Unit Cost, Less the amount paid at the timeof Expressions of Interest together with applicable Goods & Service Tax. Within 30 days from the date of issuance of the Booking Letter onExecution of Sale Agreement 20% of the Total Price Less amount paid prior to Agreement for Sale together with applicable Goods& Service Tax. On Completion of Piling 10% of the Total Price together with applicable Goods & Service Tax. On Completion of Ground FloorRoof Casting 10% of the Total Price together with applicableGoods & Service Tax.
Maintenance Charges Deposit. Rs.3 (Rupees Three) per Square Feet of the Super Built-up Area, per month for 12Months, together with applicable GST.
Maintenance Charges Deposit. An amount calculated @ Rs.56.64p (Rupees Fifty Six and paisa Sixty Four only) on the Chargeable Area of the said Apartment shall be paid by the Allottee as maintenance charges deposit estimated for One Year, calculated @ Rs.4.00p per month plus estimated GST @18%. This amount is payable by the Allottee to the Owner on or before Possession Date. In case the maintenance charges increase, the Allottee shall have to pay the increased amount of maintenance charges to the Owner. The Owner or the association maintaining the said Project Land shall raise bills on monthly basis with GST (if applicable) and an amount equal to the billed amount shall be deducted from this deposit amount.
Maintenance Charges Deposit. Rs.3 (Rupees Three)per Square Feet of the Super Built-up Area, per month for 12 Months, together with applicable GST. (Incaseofagreementbeforecommencementofconstructionoftheconcern Building.) OnExpressionofInterest Rs.1,00,000/-togetherwithapplicableGoods&Service Tax. Within10daysfromthedate of issuance of the Booking Letter 10% of the Unit Cost, Less the amount paid at the time of ExpressionsofInteresttogetherwithapplicable Goods& Service Tax. Within30daysfromthedate of issuance of the Booking Letter on Execution of Sale Agreement 20%oftheTotalPriceLessamountpaidpriortoAgreement for Sale together with applicable Goods & Service Tax. OnCompletionofPiling 10%oftheTotalPricetogetherwithapplicableGoods& Service Tax. OnCompletionofGround Floor Roof Casting 10%oftheTotalPricetogetherwithapplicableGoods& Service Tax. OnCastingof1stFloor 10%oftheTotalPricetogetherwithapplicableGoods& Service Tax. OnCastingof5thFloor 10%oftheTotalPricetogetherwithapplicableGoods& Service Tax. OnCastingof9thFloor 7.5%oftheTotalPricetogetherwithapplicableGoods& Service Tax. OnCastingof13thFloor 7.5%oftheTotalPricetogetherwithapplicableGoods& Service Tax. OnCompletionof RoofSlab 7.5%oftheTotalPricetogetherwithapplicableGoods& Service Tax. OnCompletionofInternal Flooring 7.5%oftheTotalPricetogetherwithapplicableGoods & Service Tax. OnCompletionofUnit 5%oftheTotalPricetogetherwithapplicableGoods& Service Tax. Onorbeforethedateof possession i) 5%oftheTotalPricetogetherwithapplicable Goods& Service Tax. ii) TheDepositstogetherwithapplicableGoods& Service Tax. Inasmuchas the Piling workhas beencompleted,thePayment Plan for theAllottee willbe as follows: OnExpressionofInterest Rs.1,00,000/-togetherwithapplicableGoods& Service Tax. Within10daysfromthedateof issuance of the Booking Letter 10%oftheUnitCost,Lesstheamountpaidatthe time of Expressions of Interest together with applicable Goods & Service Tax. Within 30 days from the date of issuanceoftheBookingLetteron Execution of Sale Agreement 30% of the Total Price Less amount paid prior to AgreementforSaletogetherwithapplicableGoods & Service Tax. OnCompletionofGroundFloor Roof Casting 10%oftheTotalPricetogetherwithapplicable Goods & Service Tax. OnCastingof1stFloor 10%oftheTotalPricetogetherwithapplicable Goods & Service Tax. OnCastingof5thFloor 10%oftheTotalPricetogetherwithapplicable Goods & Service Tax. OnCastingof9thFloor 7.5%oftheTotalPricetogetherwithapplicable Goods & Service Tax. OnCastingof13thFloor 7.5%oftheTotalPricetogetherwitha...
Maintenance Charges Deposit. Rs…… (Rupees ) per Square Feet of the Super Built-up Area, per month for 12 Months, together with applicable GST. (In case of agreement before commencement of construction of the concern Building.) On Expression of Interest Rs. 2,00,000/- together with applicable Goods & Service Tax. Within 10 days from the date of issuance of the Booking Letter 10% of the Unit Cost, Less the amount paid at the time of Expressions of Interest together with applicable Goods & Service Tax. Within 30 days from the date of issuance of the Booking Letter on Execution of Sale Agreement 20% of the Total Price Less amount paid prior to Agreement for Sale together with applicable Goods & Service Tax. On Completion of Piling 10% of the Total Price together with applicable Goods & Service Tax. On Completion of Ground Floor Roof Casting 10% of the Total Price together with applicable Goods & Service Tax. On Casting of 1st Floor 10% of the Total Price together with applicable Goods & Service Tax. On Casting of 5thFloor 5% of the Total Price together with applicable Goods & Service Tax. On Casting of 9th Floor 5% of the Total Price together with applicable Goods & Service Tax. On Casting of 13th Floor 5% of the Total Price together with applicable Goods & Service Tax. On Casting of 17th Floor 10% of the Total Price together with applicable Goods & Service Tax. On Completion of Top Floor Casting 10% of the Total Price together with applicable Goods & Service Tax. On Completion of Internal Flooring 5% of the Total Price together with applicable Goods & Service Tax. On Commencement of Lift Installation 5% of the Total Price together with applicable Goods & Service Tax. On or before the date of possession 5% of the Total Price together with applicable Goods & Service Tax. Inasmuch as the Piling work has been completed, the Payment Plan for the Allottee will be as follows: On Expression of Interest Rs. 2,00,000/- together with applicable Goods & Service Tax. Within 10 days from the date of issuance of the Booking Letter 10% of the Unit Cost, Less the amount paid at the time of Expressions of Interest together with applicable Goods & Service Tax. Within 30 days from the date of issuance of the Booking Letter on Execution of Sale Agreement 30% of the Total Price Less amount paid prior to Agreement for Sale together with applicable Goods & Service Tax. On Completion of Ground Floor Roof Casting 10% of the Total Price together with applicable Goods & Service Tax. On Casting of 1st Floor 10% of t...
Maintenance Charges Deposit. This amount is payable for 12 months advance maintenance charges. for the Apartment. This amount shall be and/or may be adjusted against any arrears in maintenance charges and/or applicable taxes as the Promoter or the Association deems fit and proper. Rs._ _
Maintenance Charges Deposit. Rs.3 (Rupees Three) per Square Feet of the SuperBuilt-up Area, per month for 12 Months, together with applicable GST. (In case of agreement before commencement of construction of the concern Building.) The Total Price payable for the said Apartment based on Carpet Area, is as follows: UNIT COST Exclusive Balcony/Varandah Exclusive open Terrace Proportionate cost of Common Areas Car Parking Amenities Charges Infrastructure Development Charges Total Price On Expression of Interest Rs. 1,00,000/- together with applicable Goods & Service Tax. Within 10 days from the date of issuance of the Booking Letter 10% of the Unit Cost, Less the amount paid at the timeof Expressions of Interest together with applicable Goods & Service Tax. Within 30 days from the date of issuance of the Booking Letter onExecution of Sale Agreement 20% of the Total Price Less amount paid prior to Agreement for Sale together with applicable Goods& Service Tax. On Completion of Piling 10% of the Total Price together with applicable Goods & Service Tax. On Completion of Ground FloorRoof Casting 10% of the Total Price together with applicable Goods & Service Tax.
