Prestige Padi Maintenance Charges

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Prestige Padi maintenance charges will run between ₹5 and ₹7 per sq. ft. every month, meaning you will pay ₹2,750 to ₹16,800 monthly depending on how big your flat is. This fee keeps the 16-acre property on CTH Road in Chennai clean and running well, covering 2,200 flats across 18 to 20 tall towers. When you take the keys, Prestige asks for 12 to 24 months of this upkeep money in advance. That upfront cash pays for 24/7 gate security, generator fuel during power cuts, clean water setups, and the daily care of the huge 60,000 sq. ft. clubhouse and its 12.8 acres of green open lawns.

Unit-Wise Maintenance Charges Breakdown


Monthly maintenance charges at Prestige Padi range from ₹2,750 for 1 BHK homes up to ₹16,800 for 4 BHK units, calculated purely on the apartment's super built-up area. Bigger homes take up a higher share of the common amenities and pay a matching share of the bill.

Flat Type Area in Sq. Ft. Starting Price (₹) Monthly Cost (@ ₹5/sq. ft.) Monthly Cost (@ ₹7/sq. ft.) 24-Month Advance Cost (@ ₹5/sq. ft.)
1 BHK 550 – 650 ₹74.3 Lakhs ₹2,750 – ₹3,250 ₹3,850 – ₹4,550 ₹66,000 – ₹78,000
2 BHK 900 – 1,150 ₹1.22 Crores ₹4,500 – ₹5,750 ₹6,300 – ₹8,050 ₹1,08,000 – ₹1,38,000
2.5 BHK 1,200 – 1,350 ₹1.62 Crores ₹6,000 – ₹6,750 ₹8,400 – ₹9,450 ₹1,44,000 – ₹1,62,000
3 BHK 1,350 – 1,800 ₹1.82 Crores ₹6,750 – ₹9,000 ₹9,450 – ₹12,600 ₹1,62,000 – ₹2,16,000
4 BHK 2,000 – 2,400 ₹2.70 Crores ₹10,000 – ₹12,000 ₹14,000 – ₹16,800 ₹2,40,000 – ₹2,88,000

Services Covered Under Common Area Maintenance (CAM)


CAM collections pay the daily operational bills across 12.8 acres of open spaces and the 60,000 sq. ft. central clubhouse. These funds keep all shared machinery, lifts, and common areas running cleanly and safely.

  • 24/7 Gate Security: Pays for round-the-clock guards at all gates, boom barriers, and full CCTV camera monitoring across the whole community.
  • Power Backup & Lifts: Funds diesel and maintenance for backup generators so that lifts, water pumps, and lobby lights work during power cuts.
  • Clubhouse & Sports Care: Covers daily cleaning of the swimming pool, gym machines, indoor badminton courts, and event halls.
  • Water & Sewage Plants: Funds staff and service work for the on-site water treatment plant and sewage treatment plant to recycle water.
  • Park & Garden Upkeep: Pays the gardening team that trims grass, waters trees, and looks after 80% of the open green grounds.
  • Daily Cleaning: Covers floor cleaning, trash pick-up, and sanitizing inside all 18 to 20 tower lobbies and basements.

Advance Maintenance vs. One-Time Sinking Corpus Fund


Advance maintenance takes care of daily running costs, while the sinking fund is a one-time emergency reserve you pay when you get your keys. The builder collects 12 to 24 months of this upkeep money upfront so that lights, water, and security work without a hitch as new families move in.

The sinking corpus fund works as a long-term emergency pool kept in a fixed bank account. It is used only for major future jobs, like repainting the towers, fixing broken lift parts, or repairing building roofs. When buyers form their official Resident Welfare Association (RWA), the builder hands over this entire fund to the association's bank account.

GST Rules on Monthly Maintenance Charges


An 18% Goods and Services Tax (GST) applies to housing maintenance bills only when a single apartment's monthly CAM goes over ₹7,500. This rule mainly affects owners of larger 3 BHK and 4 BHK flats with higher square footage.

  • No GST (₹7,500 or Less per Month): If your monthly CAM comes to ₹7,500 or below (normal for 1 BHK, 2 BHK, and small 2.5 BHK flats), you pay 0% GST.
  • 18% GST (Above ₹7,500 per Month): If your monthly CAM goes above ₹7,500 (typical for 3 BHK and 4 BHK flats), you must pay 18% GST on the full amount.
  • Society Income Limit: For GST to apply, the housing association must also collect more than ₹20 lakhs in total service income per year.

Maintenance Billing Structure & Collection Process


Prestige Padi will handle maintenance bills through a resident mobile app, collecting CAM money every quarter or year in advance. This setup gives each buyer clear bills and keeps track of all payments without paperwork.

  • Digital Bill Generation: Owners receive an itemized bill on their phone app showing base CAM rates, water adjustments, and any 18% GST.
  • Payment Window: Owners get 15 to 21 days from the bill date to pay using UPI, net banking, or debit cards.
  • Late Payment Interest: Late payments carry an interest fee between 12% and 18% per year until the balance is cleared.
  • Expense Tracking: The app lets all owners check diesel usage, security costs, and audited bills to keep spending clear and open.

FAQs


1. What are the monthly maintenance charges at Prestige Padi?

Monthly charges are projected between ₹5 and ₹7 per sq. ft. on super built-up area. A 1 BHK flat pays about ₹2,750 to ₹3,250, while a 4 BHK flat pays up to ₹16,800 every month.

2. How much advance maintenance is paid at flat handover?

Buyers pay 12 to 24 months of CAM charges in advance at possession. This money pays for security, power, and cleaning before the full community moves in.

3. Does GST apply to Prestige Padi maintenance charges?

Yes, but only if your monthly maintenance bill is higher than ₹7,500. If your monthly bill is ₹7,500 or less, you do not have to pay any GST.

4. Does the CAM fee cover water and electricity used inside my flat?

No, the CAM fee covers only shared areas like lifts, streetlights, and gardens. The power and water you use inside your flat are tracked on private meters and billed based on your usage.

5. Can maintenance charges change after the RWA takes over?

Yes, the elected Resident Welfare Association (RWA) can change the monthly rates. They review yearly costs for staff, power, and repairs before deciding on any rate updates.

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