Century Mirai Maintenance charges
The maintenance charge at Century Mirai is Rs. 72 per sq. ft., and the builder collects this advance maintenance fee from buyers for one year. After the property is handed over, the homeowners' association will decide the monthly maintenance cost. This charge will be around Rs. 5 to Rs. 6 per sq. ft., to keep the community clean, well-managed, and in good condition.
Maintenance charges are regular fees paid by every buyer who uses the shared areas, facilities, and amenities. These charges are collected from each property owner. At Century Mirai, the maintenance fees are kept affordable. All owners contribute equally once they take possession of their homes.
- BESCOM Charges: ₹75 per sq. ft.
- BWSSB Charges: ₹75 per sq. ft.
- Khatha Assessment & Bifurcation Charges: ₹25,000 per apartment.
- Generator Charges: ₹70 per sq. ft.
- Advance CAM for 12 months: ₹72 per sq. ft.
Century Mirai maintenance charges are collected for the upkeep and smooth management of shared property areas.
The builder will give buyers a clear list of all charges when they buy a home in the project. This helps buyers understand how much they need to pay every month. It also allows them to decide if the payment fits their budget.
Here is a sample maintenance charge invoice of Century Mirai:
| Particulars | Amount (₹) |
|---|---|
| Periodic Building Maintenance | 3,500 |
| Common Area Utilisation/Parking | 1,000 |
| Sinking Fund | 450 |
| Common Area Electricity Bill | 1,200 |
| Garbage Collection Charges | 200 |
| Power Backup | 500 |
| Water Charges for Common Area | 550 |
| Housekeeping | 500 |
| Total | 7,900 |
The maintenance charges are shared by all property owners. These charges will apply once buyers get possession of their homes in 2030. Owners pay these fees to cover any repair or maintenance work needed in the project.
Maintaining Shared Areas: Maintenance charges are used to upkeep common spaces and shared facilities. These include corridors, elevators, entrances, parking areas, swimming pools, gyms, and security services.
How Costs Are Divided: Every property owner pays their share of the maintenance cost based on different factors. The charges are usually calculated according to the
- property size
- the number of residents
- the rules set by the Homeowners Association (HOA)
Role of the Homeowners Association (HOA): Maintenance charges are collected by the HOA. They are responsible for preparing yearly budgets, planning maintenance work, and keeping all shared areas clean and functional.
Creating a Spending Plan: The HOA prepares a yearly budget showing how the collected fees will be used. This includes costs for repairs, landscaping, insurance, electricity, and other services. All owners are given a detailed report of these expenses.
Property owners must pay maintenance charges and understand how these fees are applied. The charges are based on the size of the apartment and are calculated in the following ways:
- Per Sq. Ft. Charge – A fixed amount is charged for every square foot of the apartment area.
- Equal Maintenance – The total maintenance cost is divided equally among all units and collected monthly.
- Hybrid Method – This includes a fixed base charge plus an additional amount based on the apartment size.
Century Mirai maintenance charges ensure the property stays clean, safe, and well-maintained. Every owner must pay these fees on time to keep the community running smoothly.
Century Mirai Highlights
| Type | Apartment project |
|---|---|
| Project Stage | Ongoing |
| Location | Marathalli, East Bangalore |
| Builder | Century Group |
| Plot sizes | 1375 sq. ft. - 3115 sq. ft. |
| Price | Rs. 2.16 Lakhs onwards |
| Total Land Area | 14.99 Acres |
| Total Units | 475 |
| Approvals | RERA and BBMP |
| RERA No | PR/181025/008182 |
| Launch Date | 01st Oct, 2025 |
| Completion Date | 5 years from launch |
| Possession Date | 30th Oct, 2030 |
| Enquiry |