Monday, December 22, 2008

Hidden costs in RWD Fern

Don't get fooled by the "14 Lakhs only" tag for the apartments (which is actually for a carpet area of a 420 sq foot apartment). Here are the hidden costs which are not mentioned in the ad:

  • Car parking - 1.75 Lakhs
  • Club membership - 1 Lakhs
  • Corpus fund: 25 k
  • EB/Water/Drainage: 75 k

Oh add the 9% registration fees, it would roughly cost you 5 Lakhs more than the specified amount.

Interesting fact is the club membership was just 25k for the villas and for apartments its a whopping 1 Lakh. For using the same facility, why should someone end up paying 4 times more than others?

And the ad also says that the price is applicable only for the first 50 bookings. So what happens for the rest? Don't worry, so far only 15 bookings, so for the rest of apartments the price will surely come down.

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