Prestige Fernvale Maintenance charges
Prestige Fernvale maintenance charges are Rs. 72-75/sq. ft. that is taken in advance for 1 year. After possession, the monthly maintenance charge will be 5-8/sq. ft. set by the homeowner's association. These charges are taken to upkeep the township's common areas.
What are maintenance charges?
Maintenance charges are regular payments made by owners or residents for the upkeep of common areas. These charges usually cover services such as security, garbage management, lift maintenance, and landscaping.
The charges can vary based on the size of the unit or may be charged at a fixed rate decided by the association managing the property.
Maintenance charges are collected from all residents and are calculated based on the built-up size of each apartment. These are fixed according to RERA guidelines. The charges are kept affordable and are designed to fit comfortably within the buyer’s budget.
Prestige Fernvale is an upcoming residential township and a part of the Prestige City Bangalore. It is set on 3 acres and has 350 apartments in 2 and 3 BHK. The units range from 1100 sq. ft. to 2000 sq. ft., and have 50+ amenities. The maintenance charges are affordable and set to upkeep the property.
The Prestige Fernvale Advance Maintenance charges at Rs. 75 including 18% GST for each apartment during the booking are as follows:
| Unit (BHK) | Size (sq. ft.) | Annual Maintenance Charges (₹75/sq. ft. + 18% GST) |
|---|---|---|
| 2 BHK 2T | 1150 | Rs. 1,01,775 |
| 3 BHK 2T | 1500 | Rs. 1,32,750 |
| 3 BHK 2T | 1800 | Rs. 1,59,300 |
| 3 BHK + HO | 2000 | Rs. 1,77,000 |
The maintenance charges for each unit are set at Rs. 5/sq. ft. monthly after possession.
| Unit (BHK) | Size (sq. ft.) | Monthly Maintenance Charges (Rs. 5/sq. ft.) |
|---|---|---|
| 2 BHK 2T | 1150 | Rs. 6,785 |
| 3 BHK 2T | 1500 | Rs. 8,850 |
| 3 BHK 2T | 1800 | Rs. 10,620 |
| 3 BHK + HO | 2000 | Rs. 11,800 |
Prestige Fernvale Highlights
| Type | Apartment project |
|---|---|
| Project Stage | Prelaunch |
| Location | Sarjapur Road, maintenance-charges |
| Builder | Prestige Group |
| Plot sizes | 1150 - 2000 sq. ft. |
| Price | Rs. 1.38 Crore onwards |
| Total Land Area | 3 Acres |
| Total Units | 350 apartments |
| Approvals | Awaiting |
| RERA No | Applied |
| Launch Date | 25th Dec, 2025 |
| Completion Date | 4 years from launch |
| Possession Date | 31st Dec 2029 |
Prestige Fernvale Blog
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