At Prestige Grove Park, you will likely pay about ₹8 to ₹12 per sq ft a month. That is the usual range for premium high-rise townships in Mumbai. So a 750 sq ft 2 BHK would pay about ₹6,000 to ₹9,000 a month. A 1,350 sq ft 3 BHK would pay about ₹10,800 to ₹16,200 a month. At possession, you will also pay 12 to 24 months in advance, plus any sinking fund. Prestige will confirm the exact rate closer to handover.
These are estimates only, based on typical rates for premium Mumbai high-rises. The actual rate will come from the builder at possession.
| Home | Size | At ₹8 per sq ft | At ₹10 per sq ft | At ₹12 per sq ft |
| Smallest 2 BHK | 750 sq ft | ₹6,000 | ₹7,500 | ₹9,000 |
| Largest 2 BHK | 950 sq ft | ₹7,600 | ₹9,500 | ₹11,400 |
| Smallest 3 BHK | 1,100 sq ft | ₹8,800 | ₹11,000 | ₹13,200 |
| Largest 3 BHK | 1,350 sq ft | ₹10,800 | ₹13,500 | ₹16,200 |
GST may apply on top if your monthly bill crosses ₹7,500 and the society crosses the turnover limit.
Maintenance covers the daily running and upkeep of the whole township. At a project of this size, that includes a lot.
Towers of 45 to 50 floors need more lifts, pumps and fire systems than low-rise buildings. They also need more staff for security and cleaning across a large site. A full clubhouse and large gardens add to the running cost as well.
On the plus side, 1,500 homes share these costs. Large townships often spread fixed costs better than small buildings with the same amenities.
When you take possession, you will likely pay a few one-time amounts. These usually go to the society once it takes charge.
| Charge | What It Covers | Typical Practice |
| Advance Maintenance | Running costs for the first months | 12 to 24 months paid upfront |
| Sinking Fund | Major repairs in the future | One-time or yearly amount |
| Corpus Fund | Long-term reserve for the society | One-time amount |
| Society Formation Fees | Legal costs to register the society | Small one-time amount |
| Utility Deposits | Electricity and water connections | As per the local body |
Ask for the exact figures for each charge before you sign the agreement.
GST at 18% can apply to society maintenance in some cases. Two conditions must both apply for this to happen.
If both apply, the society charges GST on the full monthly amount, not just the extra. For a large 3 BHK, this can add a noticeable sum to your yearly cost.
Once the society takes over, residents have a say in how money is spent. Here is how to keep costs in check.
Good maintenance protects the value of your home over the years. Well-kept lobbies, lifts and gardens help your home sell or rent faster. In a branded township by Prestige Group, strong upkeep adds to resale appeal in Borivali.
Think of maintenance as part of your total monthly cost, along with your EMI. Plan both together so your budget stays comfortable after possession.
Prestige Grove Park has not announced maintenance charges yet. Premium Mumbai high-rises often charge about ₹8 to ₹12 per sq ft a month. The builder will share the final rate closer to possession.
At ₹8 to ₹12 per sq ft, a 750 sq ft 2 BHK pays about ₹6,000 to ₹9,000. A 950 sq ft 2 BHK would pay about ₹7,600 to ₹11,400. These are estimates until the builder confirms the rate.
Most builders collect 12 to 24 months of maintenance upfront at possession. Some also collect a sinking fund or corpus fund. Ask for these figures before you sign the agreement.
GST at 18% applies if monthly maintenance is above ₹7,500 and the society's turnover is above ₹20 lakh. When both apply, the society charges GST on the full amount. Below these limits, maintenance stays exempt in most cases.
Tall towers need more lifts, pumps, fire systems and staff. Large clubhouses and gardens also cost more to run. Sharing costs across 1,500 homes helps keep the per-home amount reasonable.
It depends on the builder and later the society's rules. Some charge on carpet area, while others use saleable area. Ask the builder which method will apply before you book.
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