Title
Birla Evara Logo
  • Home
  • Hidden Costs To Know Before Buying A Flat In Bangalore
  • Contact
  • Brochure

  1. Home
  2. Hidden Costs To Know Before Buying A Flat In Bangalore

Hidden Costs To Know Before Buying A Flat In Bangalore


Featured Image of Hidden Costs To Know Before Buying A Flat In Bangalore

Buying a flat in Bangalore is a major step—financially and emotionally. With popular projects like Birla Evara in Kodathi, near Sarjapur Road, attracting attention from families, professionals, and NRIs alike, it’s easy to get caught up in the excitement. But before you sign the papers, there’s something very important you need to know:

The actual price of a flat goes far beyond what’s printed on the brochure.

Many homebuyers only focus on the basic cost, unaware of several hidden charges that show up later. These additional costs can easily add 10%–20% to your budget. So, if you're thinking about buying a home at Birla Evara or anywhere in Bangalore, here’s a simple, real-world guide to help you plan better.

This is the first big add-on. In Bangalore, homebuyers have to pay:

  • Stamp Duty: Usually 5% to 6% of the property’s value
  • Registration Fee: Another 1%

Example: If your flat at Birla Evara costs ₹1.5 crore, these charges could total ₹9–10.5 lakhs.

If you are buying an under-construction flat, a 5% GST will apply. This can easily add ₹7–9 lakhs more to your cost.

Good news? If the flat is ready to move in, GST does not apply.

Before you buy, it’s wise to have a lawyer check all documents—like the title deed, sale agreement, and approvals.

  • Average lawyer fees range from ₹10,000 to ₹50,000
  • This ensures you’re legally protected and gives peace of mind

If you're taking a home loan, your bank will charge a processing fee:

  • Usually 0.5% to 1% of your loan amount
  • Most banks charge ₹3,000 to ₹10,000 minimum

Some banks waive these during festive offers—so it’s worth asking!

The base flat at Birla Evara will be a “bare-shell” home. That means you’ll spend more to make it livable:

  • Basic interiors (wardrobes, lights, kitchen): ₹1,200–₹1,800/sq. ft.
  • Premium interiors (modular kitchen, ceiling work): ₹2,500–₹4,500/sq. ft.
  • Luxury setup (automation, designer fittings): ₹5,000+ per sq. ft.

Even simple setups can cost ₹15–20 lakhs depending on size.

Builders usually ask for 1–2 years of maintenance fees in advance.

At Birla Evara, the monthly charge is estimated at ₹3.5–₹5 per sq. ft.

For a 1,200 sq. ft. flat, that’s ₹50,000 to ₹72,000 per year, paid upfront.

This is a one-time payment made to cover long-term repairs and upgrades in the building.

  • Birla Evara charges about ₹50–₹100 per sq. ft.
  • For a 1,000 sq. ft. home, expect to pay ₹50,000 to ₹1 lakh

Though it may feel unnecessary, this fund protects the community in the future.

Most luxury projects don’t include parking in the flat price.

At Birla Evara:

  • Covered parking: ₹3 to ₹6 lakhs per slot
  • Open parking: ₹1.5 to ₹3 lakhs

Always ask whether your unit comes with parking, or you’ll have to buy it separately.

Birla Evara offers great amenities—clubhouse, gym, pool, and more. But access comes with a price:

  • One-time membership fees: ₹1 to ₹2 lakhs
  • Some projects also ask for annual charges

These facilities are a big plus but must be included in your budget.

There are also smaller costs that often go unnoticed:

  • Electricity meter installation
  • Generator backup charges
  • Water connection fees
  • Society formation charges
  • Move-in fees

Together, these can add another ₹1–2 lakhs to your final bill.

Let’s break it down for a ₹1.5 crore flat at Birla Evara:

Expense Type Estimated Cost
Stamp Duty + Registration ₹9 – ₹10.5 Lakhs
GST (if applicable) ₹7 – ₹9 Lakhs
Interiors ₹15 – ₹25 Lakhs
Legal & Loan Charges ₹0.5 – ₹1.5 Lakhs
Maintenance (2 years) ₹1 – ₹1.5 Lakhs
Parking + Clubhouse ₹5 – ₹8 Lakhs
Sinking Fund + Miscellaneous ₹2 – ₹3 Lakhs
Total Extra Costs ₹40 – ₹60+ Lakhs

Buying a home at Birla Evara, Sarjapur Road, is more than just choosing a flat—it’s about understanding the true cost of ownership. These hidden costs are not bad—they are necessary. But knowing them early helps you plan your budget without any stress or surprises.


Featured Image of Chennai vs Bangalore Which is Better
Featured Image of E Khata Now Mandatory for Property Registration in Bangalore All You Need to Know
Featured Image of Is Birla Evara the Right Place for Your Retirement Home

Featured Image of Koramangala Vs Whitefield: Which is Better
Featured Image of Metro Connectivity and Its Impact on Birla Evara's Real Estate Appeal 2025
Featured Image of Pros and Cons of Buying Flats in Bangalore

Featured Image of Stamp Duty Charges & Registration Charges in Bangalore 2025
Featured Image of Booking To Handover Your Step By Step Homebuying Journey At Birla Evara
Featured Image of Top 20 Builders in India 2025

Disclaimer : The content is for information purposes only and does not constitute an offer to avail of any service. Prices mentioned are subject to change without notice and properties mentioned are subject to availability. Images for representation purposes only. This is the official website of authorized marketing partner. We may share data with RERA registered brokers/companies for further processing. We may also send updates to the mobile number/email id registered with us. All Rights Reserved.

Enquiry
Enquire Now