Capital expenditure

Silpa Nandanavanam Apts has the following assets to be maintained.

1. Lifts .. 4 Nos.
2. RO Plant .. 1 No.
3. Generator .. 1 No.
4. Electrical Transformers .. 2 Nos.
5. Solar water heaters .. 32 Nos.
6. Gym .. 1 No.
7. Electrical Motors .. 5 Nos.
8. Water sumps .. 4 Nos.
9. Solar fencing .. 1 No.
10. Club House .. 1 No.
11. Children’s Play Area .. 1 No.
12. Badminton courts .. 2 Nos.
To maintain the above assets we need AMCs in place.
Estimated capital expenditure to be met from the interest on the corpus:
Nos. Year Monthly
1 Colour washing/Repainting 3 years @ 15 lakhs 500000 41667
2 Plumbing lines 1 10000 833
3 RO Plant 1 42000 3500
4 Lifts AMC 4 60000 5000
5 Generator AMC 1 13000 1083
6 Electrical replacements estimated 1 60000 5000
7 Solar water heaters 32 Nos. 32 32000 2667
Total 717000 59750

The following are yet to be assessed

8 Smooth surfacing of flooring
9 Play area clean up
10 Plugging leakages
11 Gym replacements
12 Gym AMC
13 Transformers

Break-up
LIFTS
Nos. Per lift AMC Monthly
1 AMC 4 15000 60000 5000
 SOLAR WATER HEATERS
We have 32 water heaters of 500 litres
each
AMC rate is Rs 2 per litre.
1 AMC 32 500 2 32000

RO PLANT MAINTENANCE
Amount Nos. Annual Per Month
1 AMC 12000 1 12000 1000
2 Replacement of Membrane 36000 2 24000 667
Plant has two membranes
Average life is 3 years with
good quality of raw water
Less than 3 years with borewater
3 Filters to be changed every two months 500 12 6000 500
We have 2 filters
Total 42000 2167

In the absence of actual values of the following items, estimate could not be prepared.
GYM ITEMS
1 Tread Mill 1 No.
2 Power Cycle 1 No.
3 Peddlers 2 Nos.
4 Bench Press 1 No.
Weight
5 Lifters 1 No.
6 Back shaper 1 No.

We have 2 transformers
Any repair and replacement is to be borne by us
Cost of each transformer is approx Rs 1 lakh

Monthly Recurring Expenditure

Prepared on actuals in the past and averages. Surplus/shortfalls will be adjusted in the next month.
Monthly expenditure sheet will be kept on Notice Board. At the end of the year as on 31st March books
of accounts closed and audited statements will be circulated in the General Body Meeting after the
books are audited.

Monthly verification of vouchers can be done by an internal audit committee appointed from the
members with general consensus in the General Body Meeting.
 ESTIMATED/AVERAGE RECURRING EXPENDITURE
No. Expenditure Per flat
1 Supervisor 1 10000 10000 62.50
2 Maintenance Staff 3 6000 18000 112.50
3 Security staff salaries 4 9000 36000 225.00
4 Electricity bill 1 30000 30000 187.50
5 Water bill including water tanks 1 50000 50000 312.50
6 Electrical replacements 1 3000 3000 18.75
7 Fuel for generator 1 3000 3000 18.75
8 Sweeping & cleansing material 1 3000 3000 18.75
Total 153000 956.25

General standard for watchmen is 1 watchman for 30 flats.

We need 4 watchmen for our 160 flats.
For December month we have calculated for 3 watchmen and it will go up when the 4th watchman is
appointed.