Consider an example of a 1290 sq feet apartment at 6th
floor in Construction Linked Plan. In
first scenario the cost of apartment is worked out at rates prevailing in May
2013. In second scenario is based on rates prevailing in Aug 2013.
(IFMS, Dual Meter and
Club Membership Charges being common in both scenarios, are omitted.)|
SCENARIO 1 COST AS PER RATES DURING - MAY
2013
|
|||
|
CHARGES HEADS
|
RATE
(` PER SQ FT)
|
AREA
|
COST (`)
|
|
BSP PER SQ FT
|
3010
|
1290
|
3882900
|
|
ADDITIONAL PER SQ FT CHARGES =
FFC + EEC + IDC +EDC + PARK/ROAD FACING CHARGES = 25 + 40 + 25 + 50 + 27.5
|
167.5
|
1290
|
216075
|
|
POWER BACKUP
|
20000
|
|
20000
|
|
COVERED PARKING
|
200000
|
|
200000
|
|
TOTAL
|
4318975
|
||
|
SCENARIO 2 COST AS PER RATES DURING - END JUL
2013 |
|
|
CHARGE HEADS
|
COST (`)
|
|
CONSOLIDATED PRICE
|
4090000
|
|
ADDITIONAL PER SQ FT CHARGES =
FFC + EEC + IDC +EDC + PARK/ROAD FACING CHARGES = 0 + 0 + 0 + 0 + 0
|
0
|
|
POWER BACKUP
|
0
|
|
COVERED PARKING
|
0
|
|
TOTAL
|
4090000
|
|
COST COMPARISON OF SAME
APARTMENT IN BOTH SCENARIOS
|
|
|
COST OF APARTMENT IN MAY 2013
|
4318975
|
|
COST OF APARTMENT IN END JUL
2013
|
4090000
|
|
DEPRECIATION IN THIS PERIOD
|
228975
|
|
% DEPRECIATION IN THIS PERIOD
|
5.30%
|
You are requested to analyse and comment.
