What are preferential location charges (PLC)?
Preferential location charges (PLC) are an extra charge for a flat’s better position in a project, such as park-facing, corner or sea-view units, added per square foot or as a lump sum.
Also called PLC, preferred location charge.
PLC is how a builder prices the difference between two otherwise identical flats. A park-facing corner flat on the same floor as an inward-facing one may carry a PLC of, say, ₹150 per square foot (a sample figure).
PLC appears as a separate line on the cost sheet, beside the base price and any floor rise. Good practice:
- publish the PLC rules with the price list, so sales cannot make them up per buyer;
- say what each PLC is for (park, corner, view) and which units carry it;
- apply the same area basis as the base price, so the buyer can check the arithmetic.
Some builders fold PLC into the base price of the better units instead of showing it separately. Either works, as long as the price list and the cost sheet agree.