Sunday, April 14, 2013

An Analysis of BPTP Park Sentosa Price List


BPTP Park Sentosa is a 3 BHK only flats society coming up in sector 77 of the Parklands regions of BPTP. The project evokes curiosity among the buyers because it promises a way of life which the residents of Singapore are familiar with but is quite new to Greater Faridabad region. Some of its distinctive features such as skywalk, sky garden, sky gym, and a large swimming pool, are typical to and a part and parcel of the lives of Singaporean people. The BPTP Park Sentosa price list of these 1646 square feet units shows the basic sale price to be Rs 4250 per square feet.
The charges are summed up as below:

Charges
Rate (Rs/sq. feet)
Total (Rs.)
BSP
4250
6995500
DC
597
982662
FFC+PBIC+ECC
150
246900
IFMS
50
82300
club charges
250000
Covered car parking (1 slot)
300000
Price without PLC charges

8857362
When the PLC charges are included, the prices to the following:
PLC rate per sq. feet (Rs.)
Additional PLC price (Rs.)
Total Price (Rs.)
Landscape Facing
5%
212.5
349775
9207137
Corner Units
5%
212.5
349775
9207137
Ground Floor
7%
297.5
489685
9347047
1st to 2nd floor
5%
212.5
349775
9207137
3rd to 5th floor
4%
170
279820
9137182
6th to 9th floor
3%
127.5
209865
9067227
10th to 18th floor
0%
0
0
8857362
19th floor
5%
212.5
349775
9207137
20th to 21st floor
7%
297.5
489685
9347047
22nd to 23rd floor
8%
340
559640
9417002

There is no PLC on the mid-level floors from the 10 to 18th ones. From 19th floor onwards the PLC charges once again begin to increase from 5 percent to reach 8 percent for top level simply because the terrace has a number of recreational and sporting facilities which can be best used by the people living on top floors.

As can be seen, that the prices of the various units vary anywhere from Rs. 88.5 lakhs to 94.17 lakhs, though the BSP charges (which are generally advertised) are about Rs 70 lakhs. This means that the actual price which the buyers have to pay on BPTP Park Sentosa flats is a minimum of about 26 percent and maximum of 35 percent more than the BSP based price.