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- 18/11/2025
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Flat Buying Costs Kalyan
Buying a home is a dream for many, but the hidden costs of buying a flat in Kalyan often surprise buyers. While the base price looks affordable, additional charges like taxes, registration fees, development charges, and maintenance can increase the overall cost significantly. This guide explains every hidden cost so you can make the right financial decision.
Stamp Duty & Registration – Major Flat Buying Costs Kalyan
One of the biggest hidden costs when buying a flat in Kalyan is the stamp duty and registration charges. In Maharashtra, stamp duty is usually 6% (may vary by area) and registration is 1% of the property value.
Example:
If your flat costs ₹60,00,000
You must pay around ₹4,20,000 – ₹4,50,000 extra.
For updated stamp duty rates, refer to the official Maharashtra Government site
GST Charges and Their Impact on Flat Buying Costs Kalyan
If you buy an under-construction flat, you must pay 5% GST (may vary depending on project type). For ready possession flats, GST does not apply.
This additional cost can increase your budget unexpectedly.
Development Charges Affecting Flat Buying Costs Kalyan
Builders in Kalyan add charges for:
- Internal development
- External development
- Amenities (gym, swimming pool, clubhouse)
- Fire NOC and government approvals
These can cost anywhere between ₹2–₹10 lakh depending on the project.
Floor Rise Charges Increasing Flat Buying Costs Kalyan
Most builders in Kalyan charge extra as the floor goes higher.
Rates usually range from ₹50 to ₹200 per sq. ft.
For a 700 sq. ft. flat on the 10th floor, this can add ₹50,000 to ₹1,00,000.
Parking Fees and Hidden Flat Buying Costs Kalyan
Parking cost is rarely included in the base price.
- Open parking: ₹1–2 lakh
- Covered parking: ₹2–4 lakh
- Stilt parking: ₹4–6 lakh
Check if the builder legally allocates parking as per RERA guidelines.
Maintenance Deposit
Builders usually charge 1–2 years of maintenance in advance, especially in premium Kalyan projects.
This may cost ₹50,000 to ₹1,50,000 upfront.
Clubhouse & Amenities Charges
Housing societies in Kalyan now come with premium amenities. But they charge extra for:
- Clubhouse membership
- Gym & swimming pool
- Sports courts
- Community halls
These fees can go up to ₹1–3 lakh depending on the project.
Legal & Documentation Charges
You must verify:
- Title documents
- Builder permissions
- RERA registration
- Sale agreement
Legal verification may cost ₹10,000 to ₹25,000.
To verify your project’s RERA details:
https://maharera.mahaonline.gov.in
Society Formation & Corpus Fund
Before handing over the property, builders collect charges for:
- Corpus fund
- Society formation
- Maintenance setup
This usually costs ₹25,000 – ₹75,000.
Brokerage Charges
If you bought your flat through a broker in Kalyan, you might pay:
- 1–2% of the flat value
For a ₹60 lakh property, brokerage may be ₹60,000 – ₹1,20,000.
Higher Loan Processing Fees
Banks charge:
- Loan processing fees
- Legal verification
- Technical property inspection
These fees may reach ₹10,000 – ₹50,000.
Home Insurance
Not mandatory but strongly recommended.
Expected cost: ₹3,000 – ₹10,000 annually.
Interiors & Furnishing
Although not a builder charge, buyers always spend extra for:
- Furniture
- Kitchen & wardrobes
- Electrical fittings
Basic interiors can cost ₹3–8 lakh, depending on your design.
Property Tax & Utility Connection Charges
After registration, you must pay:
- Municipal property tax
- Water connection charges
- Electricity meter installation
- Society maintenance
Combined, these may cost ₹20,000 – ₹50,000 initially.
Conclusion
The hidden costs of buying a flat in Kalyan can significantly increase your overall budget. Being aware of extra charges such as stamp duty, GST, development charges, parking fees, and maintenance deposits helps you prepare financially. With proper planning, you can buy your dream home without unexpected surprises.
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