Planning to buy a home at The Cascades Neopolis? The base price is just the starting point. A complete cost sheet helps you see the full picture, including taxes, registration, and other charges. This guide breaks down every cost you need to budget for.
The base price is the cost of the apartment itself. At The Cascades Neopolis, the per square foot rate is around Rs 10,000 to Rs 11,000. Here is what different configurations cost.
| Configuration | Size (sq ft) | Base Price Range |
|---|---|---|
| 3 BHK | 2,560 to 3,390 | Rs 3.00 Cr to Rs 3.72 Cr |
| 3.5 BHK | 3,389 to 3,390 | Rs 3.72 Cr to Rs 3.90 Cr |
| 4 BHK | 3,500 to 4,825 | Rs 4.20 Cr to Rs 5.65 Cr |
| Triplex Penthouse | Varies | Rs 10.00 Cr (approx.) |
These prices are indicative and subject to change. The final price depends on the specific unit, floor, and view.
Beyond the base price, you pay several other charges. These can add 18% to 22% to your total cost. Here is what to expect.
| Charge | Typical Rate | Notes |
|---|---|---|
| GST | 5% on agreement value | Effective rate ~3.33% after land deduction |
| Stamp Duty | 4% of property value | Paid to Telangana government |
| Transfer Duty | 1.5% of property value | Part of registration cost |
| Registration Fee | 0.5% (capped at Rs 50,000) | Capped regardless of property value |
| Floor Rise | Varies by floor | Increases with height |
| Car Parking | Rs 5 to Rs 10 Lakh | Per slot, if applicable |
| Corpus Fund | Rs 50 to Rs 100 per sq ft | One-time payment |
| Maintenance Deposit | Rs 2 to Rs 3 per sq ft/month | Advance for 12-24 months |
Let us see how these charges add up for a standard 3 BHK priced at Rs 3 crore.
| Component | Amount |
|---|---|
| Base Price | Rs 3,00,00,000 |
| GST (effective ~3.33%) | Rs 10,00,000 |
| Stamp Duty (4%) | Rs 12,00,000 |
| Transfer Duty (1.5%) | Rs 4,50,000 |
| Registration Fee (capped) | Rs 50,000 |
| Corpus Fund (Rs 100/sq ft) | Rs 2,56,000 |
| Maintenance Deposit (24 months) | Rs 1,44,000 |
| Total Additional Cost | Rs 31,00,000 (approx.) |
| All-In Cost | Rs 3,31,00,000 (approx.) |
So, a Rs 3 crore apartment actually costs around Rs 3.31 crore when you include all the extras. For a Rs 4.20 crore 4 BHK, the all-in cost would be closer to Rs 4.64 crore.
These costs are not paid all at once. They follow the construction-linked payment plan. Here is when you pay what.
This staggered structure means you do not need the entire amount upfront. You pay as the project progresses.
The base price of The Cascades Neopolis starts at around Rs 3 crore for a 3 BHK and goes up to Rs 5.65 crore for a 4 BHK. The per square foot rate is approximately Rs 10,000 to Rs 11,000. The exact price depends on the unit size, floor rise, and view.
The total cost includes the base price plus additional charges like GST, stamp duty, registration, floor rise, parking, and corpus fund. These extras typically add 18% to 22% to the base price. For a Rs 3 crore apartment, the all-in cost would be around Rs 3.60 crore.
GST is charged at 5% on the agreement value for under-construction properties. However, a one-third deduction for land value applies, so the effective GST rate is about 3.33% of the total cost. For a Rs 3 crore flat, GST would be approximately Rs 10 lakh.
In Hyderabad, stamp duty is 4%, transfer duty is 1.5%, and registration fee is 0.5% (capped at Rs 50,000). This totals around 6% of the property value. For a Rs 3 crore flat, stamp duty and registration would be approximately Rs 18 lakh.
There are no hidden charges, but there are several additional costs you should budget for. These include floor rise charges, car parking fees, clubhouse membership, corpus fund, maintenance deposit, and electrical/water meter charges. Always ask for a detailed cost sheet before booking.
The corpus fund is a one-time contribution for long-term building maintenance and emergencies. It is typically Rs 50 to Rs 100 per square foot. For a 3,000 sq ft apartment, this would be Rs 1.5 lakh to Rs 3 lakh. This is paid at the time of possession.
Car parking is usually charged separately and is not included in the base price. The cost varies by project and parking type (covered or open). At The Cascades Neopolis, expect to pay an additional amount for parking, which could be Rs 5 lakh to Rs 10 lakh per slot.
Floor rise is a premium added to the base price for apartments on higher floors. It increases with each floor level, typically by Rs 20 to Rs 50 per square foot per floor. For a 40th floor apartment, this can add significantly to the total cost.
The maintenance deposit is usually collected as an advance for 12 to 24 months of common area maintenance. It ranges from Rs 2 to Rs 3 per square foot per month. For a 3,000 sq ft apartment, this could be Rs 72,000 to Rs 2.16 lakh depending on the period.
Clubhouse membership is often a separate charge, not included in the base price. For luxury projects, this can range from Rs 5 lakh to Rs 10 lakh. Some developers include it in the price, while others charge it separately. Confirm this with the sales team.
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