The cost sheet for Arkaa Galaxy in Ravet gives an agreement value and a "package cost" for each home. This breakup explains every line in between, the charges that come on top, and what the numbers mean for your loan.
Figures are from the developer's current cost sheet; loan figures are our illustrations.
In short: the 2 BHK homes cost ₹68.46 lakh to ₹71.69 lakh in agreement value and about ₹77 lakh to ₹80.6 lakh as a package, after 7% stamp duty, 5% GST and ₹30,000 registration. Add ₹15,000 legal charges and about ₹59,000 for a year's maintenance at possession.
The cost sheet, line by line
| Home | Agreement value | Stamp duty (7%) | GST (5%) | Registration | Package cost |
|---|---|---|---|---|---|
| 2 BHK, 745 sq ft | ₹68,45,893 | ₹4,79,213 | ₹3,42,295 | ₹30,000 | ₹76,97,400 |
| 2 BHK, 754 sq ft | ₹69,18,598 | ₹4,84,302 | ₹3,45,930 | ₹30,000 | ₹77,78,831 |
| 2 BHK, 781 sq ft | ₹71,68,937 | ₹5,01,826 | ₹3,58,447 | ₹30,000 | ₹80,59,210 |
| 3 BHK, 1,273 sq ft | ₹1,16,81,274 | ₹8,17,690 | ₹5,84,064 | ₹30,000 | ₹1,31,13,028 |
All four homes are priced at about ₹9,180 per sq ft of the stated area. The cost sheet prints the 3 BHK's GST as ₹8,54,064, but its total only adds up with ₹5,84,064 (5%), so we have used that figure.
What each line means
- Agreement value: the price in your sale agreement, the base for the taxes and the amount banks lend against.
- Stamp duty, 7%: paid to the state when the agreement is registered.
- GST, 5%: charged on under-construction homes and paid with the instalments.
- Registration, ₹30,000: the capped registration fee.
Charges on top of the package
- Legal charges: ₹15,000 at the time of agreement.
- Maintenance: one year's society maintenance of ₹50,000 plus GST (about ₹59,000) at possession.
- TDS: 1% of the agreement value is deducted by you from the payments and deposited with the tax department; it is part of the price, not an extra cost, but you must file it.
- Future tax changes: any increase in GST, stamp duty or registration is borne by the buyer, the sheet says.
What it means for your loan
Banks lend on the agreement value, and RBI rules cap the loan at 80% for loans of ₹30 to ₹75 lakh. For the 745 sq ft 2 BHK, that means at least about ₹13.7 lakh down, plus about ₹5.1 lakh of stamp duty and registration from your own funds; GST is paid with the instalments. The cost sheet asks for a pre-sanctioned loan letter before registration if you are borrowing. These are illustrations; your bank's offer decides.
Which 2 BHK to pick?
The three 2 BHK sizes cost about the same per sq ft, so the 781 sq ft home gives 36 sq ft more for about ₹3.2 lakh more in agreement value. Ask which series (01, 02, 03 or 04) faces where, as position on the floor matters more than a few square feet.
For the project as a whole, read our Arkaa Galaxy review, and for the rooftop and fittings, our amenities and specifications guide. Check the registration with our MahaRERA checklist; the developer's other work is on the Agarwal and Bhondve Buildcon page.
Arkaa Galaxy price breakup: frequently asked questions
What is the all-in cost of a 2 BHK at Arkaa Galaxy?
About ₹76.97 lakh for 745 sq ft, ₹77.79 lakh for 754 sq ft and ₹80.59 lakh for 781 sq ft, including stamp duty, GST and registration.
What is the all-in cost of the 3 BHK?
About ₹1.31 crore for the 1,273 sq ft home.
What extra charges are there?
₹15,000 legal charges at agreement and one year's maintenance of ₹50,000 plus GST at possession.
What is the price per sq ft?
About ₹9,180 per sq ft in agreement value.
Who pays TDS?
The buyer deducts 1% of the agreement value from the payments and deposits it with the tax department.
Is the price fixed?
The cost sheet says rates can change without notice and that future tax increases are borne by the buyer. Lock the price in your agreement.
