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Payment Plan

The document outlines three payment plans for purchasing a residential apartment: Construction Link Plan, Flexi Payment Plan, and Down Payment Plan, each detailing the payment schedule and percentages based on construction milestones. The initial application amount is Rs. 50 Lacs, with varying booking and subsequent payment amounts depending on the chosen plan. Additionally, GST at a rate of 5% is applicable to all payments made by the allottee(s).

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11 views

Payment Plan

The document outlines three payment plans for purchasing a residential apartment: Construction Link Plan, Flexi Payment Plan, and Down Payment Plan, each detailing the payment schedule and percentages based on construction milestones. The initial application amount is Rs. 50 Lacs, with varying booking and subsequent payment amounts depending on the chosen plan. Additionally, GST at a rate of 5% is applicable to all payments made by the allottee(s).

Uploaded by

anav
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Product: Residential Apartment

A) Construction Link Plan


Amount on Application Rs. 50 Lacs
Booking Amount (within 30 days of Application) 10% of Total Sales Consideration Less 50 Lacs
within 60 Days of Booking 20% of Total Sales Consideration
Upon Casting of Foundation Slab 10% of Total Sales Consideration
Upon Completion of Basement 3 10% of Total Sales Consideration
Upon Completion of 7th Floor Slab of Building or
on completion of 37.50 Meter Structure above
Ground whichever is earlier
20% of Total Sales Consideration
Upon Completion of 15th Floor Slab of Building or
on completion of 70.30 Meter Structure above
Ground whichever is earlier
15% of Total Sales Consideration
Upon Completion of Super Structure 10% of Total Sales Consideration
Upon handover for fitout or on Application of OC, 5% of Total Sales Consideration Plus 100% of Other Charges
whichever is earlier (IFMS + Electricity/Water/Gas Meter Charges)

B) Flexi Payment Plan


Amount on Application Rs. 50 Lacs
Booking Amount (within 30 days of Application) 10% of Total Sales Consideration Less 50 Lacs
within 60 Days of Booking 25% of Total Sales Consideration
Upon Completion of Basement 3 25% of Total Sales Consideration
Upon Completion of 10th Floor Slab of Building or
on completion of 49.80 Meter Structure above
Ground whichever is earlier
25% of Total Sales Consideration
Upon Completion of Super Structure 10% of Total Sales Consideration
Upon handover for fitout or on Application of OC, 5% of Total Sales Consideration Plus 100% of Other Charges
whichever is earlier (IFMS + Electricity/Water/Gas Meter Charges)

C) Down Payment Plan


Amount on Application Rs. 50 Lacs
Booking Amount (within 30 days of Application) 10% of Total Sales Consideration Less 50 Lacs
within 60 Days of Booking 85% of Total Sales Consideration
Upon handover for fitout or on Application of OC, 5% of Total Sales Consideration Plus 100% of Other Charges
whichever is earlier (IFMS + Electricity/Water/Gas Meter Charges)

Note: GST payable by Allotee(s) additionally @ rates as may be specified from time to time, which is at
present 5%.

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