Sobha Palm CourtApartment Owners' Association
Five options, one model

Try the options

Pick an option and change the assumptions. The result updates as you go. If nothing changes, comes out of the reserves this year and next year is still short.

Does it close the gap?

"This year" runs from the real end-of-August cash position through March 2027. "Next year" is April 2027 to March 2028, with all interest counted and tax provided.

Your bill

Flat typeFlatsToday / monthNew baseGSTTotal / monthExtra per year

Cash in the account

Starts from ₹5.9 L at the end of August 2026. Below zero, the reserves are used.

Side by side

OptionA-type flat / monthExtra per yearRaised this yearFrom reserves this yearNext yearVerdict

How the model works

  1. Spending: ₹26 L a month, plus ₹8 L for the lift contract in June and December, plus tax each quarter. Or ₹33 L flat, the Treasurer's figure. Savings reduce it from January 2027.
  2. Income in a quiet month: ₹1.8 L late maintenance, ₹0.8 L rentals and fees, ₹1.9 L HDFC interest, ₹0.5 L Sobha interest. In a billing month: 92% of the quarter's bills.
  3. GST collected goes to the government. If input credit is on, the association keeps its own vendor GST in proportion to taxable billing.
  4. Option 2 nets ₹69.5 L after GST, collected in November. The Sub-Committee's 10.1% is applied to the bill with GST inside it, as in their report.
  5. Next year adds ICICI interest (₹38 L) and deducts tax on all interest.
Updated 15 September 2026. Accounts to end Aug 26; deposits as at 7 September 2026; survey August 2026. Published by the Managing Committee. Questions: spcaoa@gmail.com