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.
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Bypolls | Congress candidate Yasir Khan Pathan wins in Shiggaon
Bengaluru: Congress has taken the lead in all three Assembly constituencies where by-elections were held in the state. Among these, Congress has secured victories in the Sandur and Shiggaon constituencies. However, the official announcement from the Election Commission is awaited.
In the Shiggaon Assembly constituency, Yasir Khan Pathan has achieved a resounding victory against Bharath Bommai, the son of former Chief Minister Basavaraj Bommai. With this win, Congress has taken control of a constituency that was previously under BJP's hold.
In Sandur, Congress candidate Annapoorna Tukaram has defeated BJP's Bangaru Hanumanthu, reclaiming the Sandur constituency for Congress.
