Price
List Payment Options
|
| Sale
price (Under 2-1/2 Year construction linked plan) |
Price available on request |
| Down
payment Rate (taking rebate @ 8% ) |
Price available on request
|
| Preferential
Location Charges (PLC) |
As applicable
|
| Interest
Bearing Maintenance Security (IBMS) |
Price available on request |
| Covered
parking (per bay) |
Price available on request |
| (3
parkings per apartment is mandatory) |
|
2-1/2 YEAR INTEREST FREE INSTALLMENT - PAYMENT PLAN
|
| Months |
Linked
Stages |
Payment |
| 0 |
On
application for booking |
15%
of Sale price |
| 2 |
Within
2 months of booking |
10%
of Sale price |
| 6 |
On
start of excavation/construction work* |
10%
of Sale price |
| 9 |
On
start of excavation/construction work* |
7.5%
of Sale price+50% of PLC+50% of Cost of Parking slot (See
note 5) |
| 12 |
On
start of excavation/construction work* |
7.5%
of Sale price+50% of PLC+50% of Cost of Parking slot (See
note 5) |
| 15 |
On
completion of 8th floor slab* |
10%
of Sale price |
| 18 |
Subject
to completion of 8th floor slab* |
10%
of Sale price |
| 21 |
On
completion of final roof slab* |
10%
of Sale price |
| 24 |
On
completion of final roof slab* |
10%
of Sale price |
| 27 |
|
5%
of Sale price |
| |
|
5%
of Sale price +IBMS (See note 6) +Registration Charges (See
Note 7)
|
Notes:
|
|
| 1 |
The
above price is inclusive ofExternal Development Charges
( EDC), pro-rated per apartment as applicable to this Group
Housing site. In case of any upward revision thereof by
the Govt. agencies in future, the same would be recovered
on pro-rata basis.
|
| 2 |
Prices
are Escalation Free but subject to revision/withdrawal without
notice at Company’s sole discretion. No extra charges
will be leviable,except for change,if any, on account of
Fire Safety norms or upward revision of EDC (note 1 ) as
stipulated by the Govt. Agencies.
|
| 3 |
Down
Payment price shall be calculated taking rebate @ 8%. The
rebate for early payments shall however be subject to change
form time to time and is presently @9% per annum.
|
| 4 |
Each
apartment would be provided with a power back-up of 15 KVA
approx.
|
| 5 |
Three
car parkings along with an apartment is essential. This
payment along with PLC payments shall be made in two equal
installments along with 9th and 12th months installments
in case of 2.5years construction linked payment plan and
100% within 30 days of booking in case of Down payment Plan.
|
| 6 |
The
yearly simple interest payable on IBMS shall be determined
by the company/the Condominium Association as per the applicable
rates on Fixed Deposits accepted by StateBank of India at
the close of each financial year on 31st march
|
| 7 |
Registration
and other related charges shall be payable along with the
last installment @ 13%approx. which is based on current
prevailing rates.
|
| 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 periods of three years from the date of execution
of 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 30days from the date of issue
of intimation by the company to take over possession, on
receipt of occupation certificate.
|
| 9 |
Variety
of housing loans with tenures of up to 15years repayment
are available directly from financial institutions such
as Citibank, HDFC etc.
|
| 10 |
Prices
are W.e f. 3rd February 2004.
|
| 11 |
Prices
indicated above are subject to revision from time to time
at the sole discretion of the company .
|
| 12 |
Prices,
terms and conditions stated herein are merely indicative
with a view to acquaint the applicant and are not exhaustive.
For detailed terms and conditions please refer to the application
and Apartment Buyer’s Agreement.
|
| |
|
