Rising maintenance costs in Bengaluru apartments due to water and security expenses
Bengaluru: The maintenance charges in Bengaluru's apartment complexes have seen a significant increase, primarily driven by the rising costs of water and security. Many residents are now facing higher monthly expenses, with water charges being a major contributor due to the reduced supply from the Bangalore Water Supply and Sewerage Board (BWSSB) and the increasing reliance on expensive tanker water.
At Trifecta Starlight in Garudacharpalya, the monthly water expenses per flat have surged from Rs 415 to Rs 1,500 since April. Pradeep Chenthati, the treasurer of the complex, noted that their maintenance costs are expected to rise from Rs 1 crore in 2023-24 to Rs 1.22 crore this financial year.
Similarly, Nikoo Homes-1 in Bhartiya City, a large complex with over 2,400 flats, has seen a 21% increase in water charges in 2023-24, on top of a 14% rise the previous year. Maintenance costs in this complex have also risen by over 10%, with rates per square foot increasing for the first time in several years.
Security expenses are another factor driving up maintenance costs. Complexes are facing challenges due to the increasing number of e-commerce delivery personnel entering the premises. To manage this, some complexes have deployed additional security and installed tracking devices to monitor visitors. At SMD Altezz in Kadugodi, security costs have risen as the complex has taken measures to restrict the movement of delivery personnel after 10:30 pm.
The Bengaluru Apartments’ Federation (BAF) has reported that Resident Welfare Associations (RWAs) are struggling to keep maintenance charges below Rs 7,500 per month, with the 18% GST applied to charges exceeding this amount adding to the financial burden on residents.
Let the Truth be known. If you read VB and like VB, please be a VB Supporter and Help us deliver the Truth to one and all.
345 Indian fishermen stranded in Iran return home via Armenia
New Delhi (PTI): A group of 345 Indian fishermen, who were stranded in Iran amid escalating regional tensions, returned to India via Armenia on Saturday, officials said.
External Affairs Minister S Jaishankar thanked his Armenian counterpart Ararat Mirzoyan for assistance in return of the Indian nationals.
The Indian nationals arrived in Chennai this evening, the officials cited above said.
The circumstances that led to them being stranded in Iran were not immediately known.
"Thank FM @AraratMirzoyan and the Government of Armenia for facilitating the evacuation of Indian fishermen today from Iran, through Armenia to India," Jaishankar said on social media.
Over 1,500 Indian nationals have left Iran through land border crossings in Armenia and Azerbaijan since the start of the West Asia conflict over a month ago.
"A group of Indian fishermen, stranded in Iran, are returning home via Armenia today; their flight is expected to reach India this evening," a government statement said.
It said the Ministry of External Affairs continues to closely monitor the evolving situation in the West Asian region, with the safety, security and welfare of the Indian community being accorded the highest priority.
It also made a mention of five Indians being injured in Abu Dhabi on Friday.
According to Abu Dhabi authorities, the Indian nationals were among the 12 people injured by debris from an intercepted missile.
"In an attack in Abu Dhabi, five Indian nationals were injured; four have been discharged, one remains under treatment," the Indian government's statement said.
It said the Indian mission in Abu Dhabi is extending "full" assistance and coordinating with local authorities, adding that their flight is expected to reach India this evening.
