Assetz Mizu & Ki price: what ₹2.85 Cr* means, and what the ++ adds

The Assetz Mizu & Ki price starts from ₹2.85 Cr* for a 4 BHK villament off Hennur Road in North Bengaluru. That is the developer's starting figure, and it does not include stamp duty or registration. Assetz also states a base rate of ₹12,500 per sq ft plus chargeswritten on sales material as "₹12,500 ++".

These are two separate facts that answer two separate questions. Neither one is the price of the home you will end up choosing. That number sits on the unit wise price sheet. Here is how to read all three.

What is the Assetz Mizu & Ki price today?

* Starting figure from the developer's documents. The final price depends on the unit, the floor and the facing, and excludes stamp duty and registration.

What does the "++" in ₹12,500 ++ mean?

A base rate is the price per square foot before any charges. The two plus signs tell you that other lines are added on top. For Mizu & Ki, those lines are:

• Floor rise and location. Premiums for a higher level, a corner position, a better facing or a view.
• Car park. The covered parking allotted to your home.
• Clubhouse. A charge towards the shared clubhouse of about 18,000 sq ft.
• Infrastructure. Power, water, backup generator and sewage treatment connections.
• GST. Tax payable because the home is under construction. Confirm the current rate with your CA.

On other Assetz price sheets we have seen, legal charges, advance maintenance and a sinking fund for future repairs also appear as lines. Ask whether they are on this one, and how much each is.

Stamp duty and registration never appear on a developer's sheet. In Karnataka they add roughly 6.6% at this price level. On the ₹2.85 Cr starting figure that is about ₹18.8 lakh, due on registration day and usually not covered by a home loan. Rates can change, so confirm them with your lawyer before you budget.

Why ask for the unit wise price sheet?

Because two homes in the same project can differ in price by a wide margin, for reasons you cannot see from a brochure.

• Layout. Type 02 is 468 sq ft larger than Type 01 on a super built up basis, and has about 346 sq ft more carpet. Our comparison of the Type 01 garden and Type 02 terrace layouts sets out the rooms in each.
• Outdoor space. Type 01 comes with the right to use a private garden of about 568 sq ft. Type 02 has a private terrace behind privacy screens.
• Floor and position. Floor rise and location charges vary unit by unit.

The sheet puts every line for one specific home on a single page, ending in a total. Divide that total by the super built up area and you have the only per square foot number worth comparing between projects.

Also compare carpet area, not just built up area. Type 01 gives 2,463 sq ft of carpet including balcony on 3,070 sq ft built up, about 80%. That share is high for Bengaluru, because a low rise block has little shared corridor or lift core to divide among owners. Our hub explains carpet area vs super built up area in more detail.

What would the EMI be on ₹2.85 Cr?

As an illustration only, take the ₹2.85 Cr starting figure with a 20% down payment of ₹57 lakh. That leaves a loan of ₹2.28 Cr.

Over 20 years at 8.5%, total repayments come to about ₹4.75 Cr. The interest rate is an assumption, not a quote: your bank sets it based on your profile. Your own loan will be sized on the total from your unit's price sheet, not on the starting figure.

Two practical points. First, the down payment is not the only cash you need, since stamp duty and registration sit on top. Second, on an under construction home the bank releases money in stages, so before possession you pay interest only on what has been paid out. You can try your own numbers in the EMI calculator on our pricing section.

What to check before you pay a booking amount

• The total payable for your exact unit, in writing, with every line shown.
• Whether the infrastructure charge can rise if government rates change before you finish paying. Standard clauses often pass that increase to the buyer.
• The payment plan. Ask whether instalments are tied to construction stages or to calendar dates. Stage linked is safer for the buyer.
• How many car parks come with a 4 BHK, and the cost of an extra one.
• The completion date on the RERA registration. See our note on the Mizu & Ki possession date and RERA number.

Next step

Tell us which layout you are weighing, Type 01 or Type 02, and which floor you prefer. Ask for the unit wise price sheet and we will send it with the payment schedule, so you can see the full cost of one real home before you visit.