Maintenance Charges and Running Costs of a Luxury Flat in Mumbai (2026)
Quick answer: after you buy a luxury flat in Mumbai, the main running costs are society maintenance (service charges, repairs and the sinking fund), BMC property tax, utilities, home insurance and, in new projects, a one-time corpus fund and advance maintenance at possession. Amenity-rich projects cost more to run. For Godrej Bandra Bay, maintenance charges […]