The management expenses shall mean and include all costs expenses and outgoings necessarily
and reasonably incurred in relation to the management and maintenance of the premises and
those incurred whilst carrying out the duties including a certain amount to the sinking fund.
Direct payment for purchase
- Stamp fees – shall be payable at the rates prevailing at the time of executing the Deed
- Legal charges.
- Presently, stamp duty are as follows: – Stamp fees: 4% Less Rs. 1,000/-
- Government taxes will be charged according to the law prevailing at the time of
executing the Deed of Transfer.
Payment through a bank loan
- Stamp fees – As above
- Legal charge for the Mortgage Bond
- Loan processing fee
- Fire Insurance
- Valuation expenses