The maintenance charges for apartments in the Financial District of Hyderabad can vary depending on several factors
such as the type of property, its size, and the amenities provided. Typically, these charges cover the
upkeep of common areas, security, water supply, waste management, landscaping, and other essential
services. Below are some of the key factors that influence the maintenance charges:
Factors Affecting Maintenance Charges
Apartment Size: Larger apartments generally have higher maintenance charges due to
the increased area that needs upkeep.
Type of Building: Luxury or premium developments with additional amenities (e.g.,
swimming pools, gyms, clubhouses) often have higher maintenance fees compared to standard buildings.
Number of Floors and Units: Buildings with more floors and units tend to have
higher maintenance costs due to the complexity of managing a larger number of residents.
Amenities Provided: Apartments offering amenities like gymnasiums, swimming pools,
sports facilities, clubhouses, and landscaped gardens usually have higher maintenance charges to cover
the cost of these facilities.
Building Age: Newer buildings may have lower initial maintenance charges, but these
could increase over time as the building ages and requires more maintenance for structural,
electrical, and mechanical systems.
Management and Services: The quality of services, including housekeeping, security,
and maintenance staff, can also impact the maintenance charges.
Typical Maintenance Charges in Financial District
In the Financial District, maintenance charges typically range between ₹3 to ₹6 per square foot,
depending on the factors mentioned above. Here are some examples:
A 2 BHK apartment of around 1,200 square feet could have maintenance charges ranging from ₹3,600 to
₹7,200 per month.
A 3 BHK apartment of around 1,800 square feet may have maintenance charges between ₹5,400 to ₹10,800
per month.
Services Covered in Maintenance Charges
Common Area Maintenance: Upkeep of shared spaces such as the lobby, hallways,
parking areas, and elevators.
Security Services: 24/7 security, including guards, surveillance cameras, and other
safety measures.
Water and Electricity Charges: Charges for water supply, maintenance of water
tanks, and backup power systems.
Waste Management: Regular waste collection and disposal, including management of
garbage bins and waste treatment.
Landscape and Garden Maintenance: Upkeep of gardens, lawns, and other green areas
within the premises.
Cleaning Services: Periodic cleaning of common areas and facilities to maintain
hygiene.
Pest Control: Regular pest control services to prevent infestations of termites,
rodents, and other pests.
Building Insurance: Coverage for damages to the building, providing protection
against unforeseen events.
Additional Charges
Clubhouse Charges: If your apartment complex has a clubhouse with additional
amenities, there may be extra charges for its maintenance and use.
Swimming Pool and Gym Fees: Separate charges may apply for access to premium
amenities like gyms, swimming pools, and sports courts.
Other Maintenance Costs
Road Maintenance: Repairing and cleaning internal roads within the premises.
Landscaping: Maintenance of gardens, trees, and green spaces.
Street Lighting: Ensuring proper functioning of streetlights for safety and
visibility.
Security: Costs associated with security personnel and surveillance systems to
ensure safety.
Waste Management: Ongoing cleaning and waste collection services to keep the
environment clean.
Water Supply: Managing the water supply system, including tanks, pipes, and
borewells.
Common Areas: Upkeep of shared spaces such as parks, playgrounds, and community
centers.
Maintenance charges in apartment developments are typically determined based on factors such as the size
of the apartment, usage of common areas, and the amenities provided. Larger apartments tend to incur
higher charges, as fees are generally calculated per square foot or apartment. These charges cover the
upkeep of shared spaces such as parks, roads, and other common areas, as well as services like security,
gardening, and water supply. Apartments with additional facilities, such as swimming pools, gyms, or
clubhouses, usually have higher maintenance fees. Maintenance charges are typically paid regularly,
either monthly or annually, by the owners.