Usage Charges are annual fees collected from owners or sub-developers for the maintenance of Common Facilities in a Master Project. These charges specifically cover broad community areas like parks, streets, and fountains as demarcated on the Master…
Usage Charges are annual fees collected from owners or sub-developers for the maintenance of Common Facilities in a Master Project. These charges specifically cover broad community areas like parks, streets, and fountains as demarcated on the Master Plan. The calculation method for these charges must comply with the approved Master Community Declaration. Like Service Charges, these must be deposited into a dedicated bank account and approved by RERA. They ensure that the overarching community infrastructure remains clean and serviceable for all residents.
This is general information from the website library. Confirm current rules, fees and property details with the relevant authority before acting.
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