What are maintenance charges of a CHS ? What all do they include?
What are maintenance charges of a CHS ? What all do they include?
Maintenance charges are fees collected by the residential society to maintain the buildings and common areas within the complex.
These charges cover expenses for upkeep, electricity, service costs, and other amenities to ensure a comfortable living environment for residents.
Here are some common components of maintenance charges you should be aware of:
Property taxes
Water charges
Common electricity charges
Contribution to the repair and maintenance fund
Expenses on repair and maintenance of the lift of the society, including charges for running the lift
Contribution to the sinking fund
Service charges
Car parking charges
Non-occupancy charges
Insurance charges
Leases rent
Non-agriculture tax
Education and training fund
Election fund
Societies may allocate charges for organizing festivals, cultural events, and community gatherings, ensuring these activities are conducted seamlessly without requiring extra financial contributions from residents.
It may also include salaries of office staff, liftmen, watchmen, etc., society office property tax, electricity, water charges, printing, stationery and postage, travelling allowance of staff of members and subscription to education fund.
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