I am purchased a flat 1350 sq. ft, and there are other flat having 1000 sq. ft to 2000 sq. ft. Our association wants Corpus funds to be paid equal to all.
My argument with association is since Corpus fund are used for Maintenance of building in which I have rights for 1350 sq. ft , so corpus fund should be on sq. ft basis.
Yes I have agreed Common Area Expenses (Equal to all): Lift, DC (All AMC), Common Area Electricity ,Housekeeping, Security, Equipments, Lift, including charges for running the Lift, Officer Barer expenses) Equipments i.e bulb, tube light, notice board, etc similar expenses. As common facilities used by all.
As Large flat holders don`t draw more benefits or facilities by virtue of the big size of the flats. Common Area are enjoyed by all the members equally.
Kindly inform me whether my argument on Corpus fund is correct ot not? My argument is corpus fund should be in Sq. Ft basis and rate should be fixed on Sq. Ft basis.