5 Additional Costs You Must Consider Before Buying A Home
By Kolte-Patil Team | Last Updated: March 29, 2026
Key Takeaway
If you wish to buy a home that goes easy on the pocket, be prepared for the additional costs buying home Pune buyers often overlook. Beyond the property price, there are charges before and after ow…
If you wish to buy a home that goes easy on the pocket, be prepared for the additional costs buying home Pune buyers often overlook. Beyond the property price, there are charges before and after ownership that can significantly impact your total budget.
Mentioned below are the extra charges that you will have to pay after buying a home:
– Preferential Location Charges (PLC) :
Based on your preferred floor or direction like east-facing or corner flat, these charges are builder based. A lot of developers also charge more for units that are amenity-facing.
Additional Costs Buying Home Pune Buyers Face
– Maintenance Charges :
According to a new trend, developers now charge maintenance charges. These charges may range from a period of 2 years to 10 years and even for a lifetime in a few places.
– Stamp duty, taxes & registration fees :
The registration fees and stamp duty varies from state to state. Under construction, properties charge for VAT and service tax.
– Brokerage :
Brokerage is the fee charged by the broker, the middleman between the buyer and the seller. On an average, a broker charges 1% to 2% of the property cost.
How to Budget for Hidden Charges
– Cost of Interiors :
Often, after taking possession of the property, you may want to make a few changes to the interiors and end up spending quite a lot of money. The amount you spend on the interiors will depend on the type and nature of interior work. On an average, approximately 2% of the cost of property, if not more, is spent on the interiors.
When you are investing so much money in a home, you must make sure that you get a good quality home and there will be 100% transparency in the transactions. If you are looking for residences for sale in Waked, Pune, check out Western Avenue, 3 BHK flats apartments in Wakad, Pune.
Western Avenue is registered with RERA under Registration No. P52100000917 available at website: http://maharera.mahaonline.gov.in
Explore more Kolte-Patil projects in Pune. Verify RERA registration on MahaRERA.
arfat@netbiz.in is a content contributor at Kolte-Patil Developers, one of Pune's leading real estate companies with 30+ years of experience.
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Frequently Asked Questions
What is additional Costs Buying Home Pune Buyers Face?
– Maintenance Charges : According to a new trend, developers now charge maintenance charges. These charges may range from a period of 2 years to 10 years and even for a lifetime in a few places.
What is how to Budget for Hidden Charges?
– Cost of Interiors : Often, after taking possession of the property, you may want to make a few changes to the interiors and end up spending quite a lot of money. The amount you spend on the interiors will depend on the type and nature of interior work. On an average, approximately 2% of the cost of property, if not more, is spent on the interiors.
