On top of the base price, the following components combine to form your landed cost. Each is explained below, then totalled in the worked example.
1. GST on under-construction property
Under-construction residential property in India attracts GST. For non-affordable residential under-construction sales, the prevailing rate is 5 percent on the consideration value, without input tax credit. This applies to payments made during the under-construction phase. The exact effective GST on your particular unit depends on the current rules at the time of each instalment and any concessions; confirm at the time of payment.
2. Stamp duty
Haryana levies stamp duty on the sale deed when the property is registered. The rate varies by buyer profile under current Haryana stamp duty practice, with the duty for male individual buyers commonly higher than for female buyers; joint registration in a female buyer’s name is one of the common ways to optimise this. The duty is calculated on the higher of the actual transaction value or the circle rate set by the state.
As a planning indication, stamp duty plus the small associated registration charge typically sits in the 7 to 8 percent of consideration value band for an ultra-luxury Gurgaon purchase, with the exact figure depending on buyer profile and the prevailing rate at registration. On a ₹10.5 Cr base, that alone is roughly ₹75 lakh to ₹84 lakh. Always verify the current Haryana rate against the official state portal before finalising your model.
3. Registration charges
A separate registration fee is paid on top of stamp duty when the sale deed is registered. In Haryana the registration charge is modest in percentage terms, currently in the order of a fixed maximum, but the practical principle is that it sits alongside stamp duty as the cost of legally registering ownership.
4. Preferential Location Charge (PLC)
New-launch projects charge an extra fee for units with desirable orientations or views: golf-course-facing, corner, high-floor, park-facing, or specific aspects within a tower. The PLC is a percentage uplift on the base rate for the chosen attribute and varies by configuration. For an ultra-luxury project on Golf Course Road, where view and orientation have real resale and rental implications, PLC is not a token charge; it can be a meaningful figure. Get the unit-specific PLC schedule from the developer or HCO before committing.
5. Parking charges
Covered car park bays in luxury Gurgaon projects are sold or allotted at a per-bay cost. For ultra-luxury new launches, the cost of a designated covered parking can run into several lakhs per bay, and a 4 BHK unit will typically require two or three bays. This is a one-time cost included in the registration value.
6. Club membership and one-time charges
Most luxury Gurgaon projects, Samaris included, levy a one-time club membership charge for access to the project clubhouse and amenity infrastructure. Other one-time charges may include external development charges (EDC) and infrastructure development charges (IDC), which are typically already included in the quoted base price but should be confirmed; if listed separately, they add to the landed cost.
7. Maintenance security deposit (IFMS) and advance maintenance
Before possession, buyers typically pay an Interest-Free Maintenance Security (IFMS) deposit per sq ft, plus a year or so of advance maintenance charges. For an ultra-luxury project these per-sq-ft figures, while modest in percentage terms, are real cash outflow before handover.
8. Optional: home-loan interest
If you finance the purchase, the EMI you pay over the construction period is not part of the base or landed cost in a strict sense, but it is real money out of your account. On an under-construction loan, you may be on pre-EMI interest until possession, which means several years of interest payments before the full EMI begins. Build this into your cash-flow model separately; we have not added it into the worked example below because financing structure varies materially by buyer.
9. Optional: interior fit-out
Ultra-luxury new launches are typically delivered with a high-end builder finish, but most buyers spend further on customised interiors, modular kitchens, wardrobes, lighting and furnishing. While this is not strictly a “cost of purchase,” it is a real outflow soon after handover that buyers commonly underestimate. Budget conservatively.