Fortune Suraj Bhan Grande Price
The price of a home at Fortune Suraj Bhan Grande is set on a price sheet issued against a specific residence. The sheet carries the buyer's name, the flat number and the date, and the base rate per sq ft is entered for that unit. Everything around the base rate, from car parking to floor rise to corpus fund, is published, and this page sets it out so you can read a quote line by line.
How the Price Sheet Works
| Component | Amount |
|---|---|
| Base price | Entered per unit, per sq ft |
| Car parking | Rs 3,00,000 per car park |
| Club house | Rs 7,50,000 |
| Stilt-level amenities | Rs 3,50,000 |
| Preferential location charges | Rs 150 per sq ft |
| Floor rise, 3rd to 25th floor | Rs 20 per sq ft, for each floor |
| Floor rise, 26th to 45th floor | Rs 40 per sq ft, for each floor |
| Utilities and services (TSSPDCL, HMWSSB, DG set, piped gas connection) | Rs 250 per sq ft |
| Legal and documentation charges | Rs 25,000 |
| Corpus fund | Rs 100 per sq ft |
| Maintenance for one year | Rs 48 per sq ft |
The sheet states that it supersedes all previous prices. Treat any figure you have seen elsewhere, including on listing sites, as provisional until it appears on a sheet issued for your unit.
The Fixed Charges
Three charges do not depend on the size of the home:
| Charge | Amount |
|---|---|
| Club house | Rs 7,50,000 |
| Stilt-level amenities | Rs 3,50,000 |
| Legal and documentation | Rs 25,000 |
| Subtotal | Rs 11,25,000 |
| Each car park | Rs 3,00,000 |
The Per-Square-Foot Add-Ons
Utilities (Rs 250), corpus fund (Rs 100) and one year's maintenance (Rs 48) come to Rs 398 per sq ft, whatever the floor. The preferential location charge adds Rs 150 where the sheet applies it. For each size in the project, on the area the sheet is issued against:
| Home size | Utilities, corpus and maintenance (Rs 398/sq ft) | Preferential location (Rs 150/sq ft) | Both together |
|---|---|---|---|
| 2,909 sq ft | Rs 11,57,782 | Rs 4,36,350 | Rs 15,94,132 |
| 3,350 sq ft | Rs 13,33,300 | Rs 5,02,500 | Rs 18,35,800 |
| 3,748 sq ft | Rs 14,91,704 | Rs 5,62,200 | Rs 20,53,904 |
| 3,905 sq ft | Rs 15,54,190 | Rs 5,85,750 | Rs 21,39,940 |
| 3,910 sq ft | Rs 15,56,180 | Rs 5,86,500 | Rs 21,42,680 |
| 4,335 sq ft | Rs 17,25,330 | Rs 6,50,250 | Rs 23,75,580 |
| 4,339 sq ft | Rs 17,26,922 | Rs 6,50,850 | Rs 23,77,772 |
These are the add-ons only. Add the base rate, floor rise, the fixed charges and the car parks to reach the unit cost, and add GST and registration costs on top.
Floor Rise
Floor rise is charged on the floor your home is on. From the 3rd to the 25th floor the sheet charges Rs 20 per sq ft for each floor, and from the 26th to the 45th floor Rs 40 per sq ft for each floor. Ask for the figure to be written out for your floor, so that the total on the sheet shows exactly how the band applies.
Payment Plan
The plan is construction-linked, with the stage payments tied to the podium and to every fifth floor slab.
| Stage | Share | Cumulative |
|---|---|---|
| Booking advance | 5% of unit cost | 5% |
| 1st instalment, within 30 days of booking | 20% | 25% |
| 2nd instalment, on completion of the 3rd podium | 20% | 45% |
| 3rd, on completion of the 5th floor slab | 5% | 50% |
| 4th, 10th floor slab | 5% | 55% |
| 5th, 15th floor slab | 5% | 60% |
| 6th, 20th floor slab | 5% | 65% |
| 7th, 25th floor slab | 5% | 70% |
| 8th, 30th floor slab | 5% | 75% |
| 9th, 35th floor slab | 5% | 80% |
| 10th, 40th floor slab | 5% | 85% |
| 11th, 45th floor slab | 5% | 90% |
| 12th, completion of the unit's flooring and tiling | 5% | 95% |
| 13th, before registration | 5% | 100% |
Nearly half of the price, 45%, falls due by the time the third podium is complete, and 50% by the 5th floor slab, so the heaviest payments come while the towers are still low. After that, the plan steps up in even 5% instalments as the floors rise.
Terms on the Sheet
- Customisation: not permitted. No addition or deduction of any material or specification is allowed.
- GST: payable with every instalment, at the rate in force. GST, stamp duty and labour cess are subject to change as the government revises them.
- Registration: only on full payment, with taxes at the rate prevailing on the registration date.
- TDS: 1% of the sale consideration is deducted by the buyer and remitted to the Income Tax department against the builder's PAN.
- Corpus fund: Rs 100 per sq ft, payable 15 days before the registration date or possession, whichever is earlier.
- Advance maintenance: Rs 4 per sq ft per month for 12 months, with applicable GST, on the same schedule as the corpus fund.
Registration Costs in Telangana
On a sale deed in Telangana, the state's ready reckoner sets stamp duty at 5.5%, transfer duty at 1.5% and the registration fee at 0.5%, a total of 7.5%, charged on the market value or the consideration, whichever is higher. These are statutory costs, separate from the builder's charges.
What Goes Into a Realistic Budget
- The unit cost from the sheet: base rate, floor rise, preferential location charge if applied, and the utilities, corpus and maintenance lines
- The fixed charges: Rs 11,25,000, and Rs 3,00,000 for each car park
- GST on the instalments
- Stamp duty, transfer duty and registration at 7.5%
- The cost of finishing the home to your taste, since customisation of the specification is not allowed and wardrobes, cabinetry and air-conditioning equipment are not listed in it
Questions to Ask When You Request a Sheet
- What is the base rate for my unit, and what area is it charged on?
- What is the RERA carpet area of my unit?
- How many car parks are included in the quote, and how many can I buy?
- Is the preferential location charge applied to my unit, and why?
- How is floor rise worked out for my floor?
- What date does the completion declared in the RERA registration give for my tower?
Compare on the Same Basis
When you compare Fortune Suraj Bhan Grande with a neighbouring Neopolis launch, compare all-in cost per sq ft on the same area basis, and compare the same list of inclusions. A lower base rate with high add-ons and a higher base rate with a fuller inclusion list can come out close. The floor plans and amenities pages list what the project includes.
To request the sheet for a particular residence, use the contact page.
Fortune Suraj Bhan Grande Price FAQs
What is the price of Fortune Suraj Bhan Grande?
What is the payment plan?
What other costs should I plan for?
What are the maintenance charges?
Does floor affect the price?
Contact - Enquire about Fortune Suraj Bhan Grande
Ask for the price sheet for a residence, arrange a site visit, or ask a question about the project and its RERA record.