5 Hidden Costs in Property Buying You Should Be Ready For

5 Hidden Costs in Property Buying You Should Be Ready For

Introduction: Highlight the importance of budgeting for hidden costs.

1. Stamp Duty and Registration Fees: State-imposed charges that can add up significantly.

2. Maintenance Deposits: Upfront payments for future maintenance services.

3. Parking Charges: Additional costs for designated parking spaces.

4. Legal and Documentation Fees: Expenses for legal verification and paperwork.

5. GST on Under-Construction Properties: Applicable taxes that increase the overall cost.

Conclusion: Being aware of these costs ensures better financial planning and avoids surprises.

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