Taxes, Statutory Deposits and Expenses

Taxes that have to be paid with each installment

1. Kerala Government Sales Tax
2. Service Tax

Taxes to be paid on completion of the building

1. One time Building Tax
2. Annual Municipal Tax

Other Deposits and expenses to be paid on completion/ handing over of Apartment

1. Electricity Board Deposits and the expenses for 3 - phase Electrical Connection, proportionate share of Transformer, Cabling & cost of Generator.
2. Proportionate expenses & deposits for obtaining Kerala Water Authority - Water connection.
3. Deposit/Advance for Maintenance of Common Area & Facilities
4. Stamp Duty and Registration Fee for Ownership, For registering the Title Deed.