Payment Plan |
Buy Back Scheme |
- Client will pay 10% of BSP + 10% of EDC/IDC + 10% of PLC + 10% of Club Membership + 10% of IFMS at the time of booking
- 15% of BSP + 15% of EDC, IDC + 15% of PLC + 15% of Club Membership + 15% of IFMS within 60 days of booking
- Balance amount shall be funded by the bank under subvention scheme. Client's EMI starts after possession.
- He gets assured buyback rate of 41625 PSY , i.e an assured appreciation of 6350 PSY after 36 months.
- The client gets a return of 72% in 36 months (Annual Return – 24%)
|
Basic Sale Price |
Rs 35275/- Per Sq.Yards |
Client Pays |
Rs 8818/- sqyd ( 25%) under Subvention |
Buy Back Rate |
Rs 41625 /- sqyd ( after 3 Yrs) |
Total Appreciation |
72% (Annual Return - 24%) |
Subvention Linked Payment Plan |
On Application for Booking |
10% (By Client)
|
Within 2 Months of Booking |
15% (By Client) |
On Execution of Agreement to sell and Deemed Allotment |
10% (By Bank) |
Within 3 Months of deemed allotment |
10% (By Bank) |
On Alignment of Road at Site |
10% (By Bank) |
On demarcation of Plots |
10% (By Bank) |
On Installation of sewarage and water pipes |
10% (By Bank) |
On installation of Electric Poles |
10% (By Bank) |
On Metalling of Roads |
10% (By Bank) |
On offer of Possession |
5% (By Bank) |
Construction Linked Payment Plan |
Linked Stages |
Payment will be paid |
On Application for Booking |
10% Of BSP |
Within 2 Months of Booking |
15% Of BSP + 50% of EDC/IDC + 50% PLC(If Any) |
On Execution of Agreement to sell and Deemed Allotment |
10% Of BSP + 50% of EDC/IDC + 50% PLC(If Any) |
Within 3 Months of Deemed Allotment |
10% Of BSP |
Within 6 Months of Deemed Allotment / On Alignment of Roads at Site |
10% Of BSP |
Within 10 Months of Deemed Allotment / On Demarcation of Plots |
10% Of BSP |
Within 14 Months of Deemed Allotment / On Installation of Sewerage and Water Pipes |
10% Of BSP |
Within 18 Months of Deemed Allotment / On Installation of Electrical Poles |
10% Of BSP + 50% Club Membership |
Within 22 Months of Deemed Allotment / On Matelling of Roads |
10% Of BSP + 50% Club Membership |
On offer of Possession |
5% Of BSP + 100% IFMS + Any Other Charges |
Note:-
- Timely Payment Discount 5%
- In case the purchaser makes any prepayment for any of the installmentsas stated above, the developer has a right to retain/refund the excess money received from the purchaser. If the developer decides to keep such amount, an interest of 10% p.a. For the period of prepayment of installments will be paid to the purchaser by the developer on the amount of prepayment,provided such amounts have been lying with the seller for more than one year.
- Deemed Date of allotment is date ,Which has been intimated by company to intending allottees after launch of the project.
- In case,Any Booking is received after launch of the project, the intending allottee shall pay installement due till date of booking with in 30 days of booking
- If the development activity happens earlier than time indicated , the installment shall become due accordingly to stage of development encumerated above .
- 1.196 sq.yrds = 1 sq. mtr.
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