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  The ICON - Payment Option



Basic Sale Price Price Available on Request
Down Payment Rebate @6.5%
Preferential Location Charges(PLC) As applicable
Interest Bearing Maintenance Security (IBMS) Price Available on Request
Parking (per Slot) Price Available on Request

Down Payment Plan

On Application for booking 15% of sale price
Within 30days of booking 76%of sale price+100%cost of parking slot+100% PLC (see note5)
On receipt of occupational certificate 25% of sale price+ IBMS+ stamp Duty (see note 6&7)

TIME BOUND INTEREST FREE INSTALLMENT- PAYMENT PLAN

On application for booking combination of ceramic tiles upto 2’-0” above the counter and oil bound distemper in the balance area
Within 2month of booking Suitable combination of one or more indian Marble/stone/ceramic tiles
Within 4month of booking Granite/ Marble
Within 6month of booking Superior quality CP fitting , stainless steel double bowl/single drain board kitchen sink, Exhaust fan
Within 9month of booking  
Within 12month of booking Terrazo
Within 15month of booking Exteroir paint
Within 18month of booking  
Within 21month of booking combination of ceramic Tile up to 7’0”, oil bound distemper and minor
Within 24month of booking Suitable combination of one or more Indian marble/ stone/ ceramic tiles
On application for Occupation Certificate Granite/ marble
On receipt of Occupation Certificate jaquar make or equivalent superior quality single CP fittings, chinaware (parryware /Hindware or equivalent) Ess Ess make or equivalent Towel rail/ring, soap dish, Toilet paper holder and coat hook in toilet

Notes:

 
1 The above price is inclusive of External Development charges (EDC), pro- rated per apartment as application to this group housing site. In cases of any upward revision thereof by the Govt. agencies in future, the same would be recovered on pro-rate basis
2 Prices are Escalation free but subject to revision/withdrawal without notice at company sole discretion. no extra charges will be leviable, except due to change, if any, on account of fire safety norms or upward revision of EDC (note 1) by the govt of Haryana .
3 The rebate for early payments shall however be subject to change from time to time and is presently @7% per annum
4 Each apartment would be provided with a power back up of 10 KVA approx in THE ICON.
5 Two cars parking along with an apartment is essential. This payment along with PLC payments shall be made in two equal installments along with 6th and 9th months installment
6 The yearly simple interest payable on IBMS shall be determined by the company as per the applicable rates on fixed Deposits accepted by state Bank of India at the close of each financial year on 31yh March.
7 Stamps duty & Registration charges shall be payable along with last installment as applicable.
8 The company would pay penalty to its customers @Rs. 5 per sq.ft. Per month for any delay in handing over the product beyond the committed period of three years from the of execution agreement. Similarly, the customer would be liable to pay holding charge @ Rs. 5 per sq.ft.per month if he fails to take possession within 30 days from the date of issue of occupation certificate.
9 Variety of housing loans with tenures of up to 15-year repayment are available directly from financial institution such as Citibank, HDFC etc.
10 Prices are w.e.f. 5th July 2004
11 Prices indicated above are subject to revision from time to time at the sole discretion of the company.
12 Prices, terms and condition stated herein are merely indicative with a view to acquaint and not exhaustive. For detailed Terms and condition please refer to the application form and Apartment Buyers Agreement.
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