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Payment Schedule

 

  Sl.No.

Stage of Installment

 

1.

Earnest Money towards Booking 4%

2.

At the time of execution of Agreement or within 15 days from the date of Allotment Letter, whichever is earlier 8%

3.

On completion of Building Foundation

11%

4.

On completion of Stilt Slab

11%

5.

On completion of 2nd Slab 17%
On completion of 3rd Slab 17%
On completion of 4th Slab 17%
On completion of 5th Slab 17%
On completion of 6th Slab 17%
On completion of 7th Slab 17%

6.

On completion of Brick work 10%

7.

Within 15 days of Registration of Flat 19%

8.

On completion of Plastering 8%

9.

On completion of Flooring 6%

10.

On completion of Electrical Wiring 4%

11.

On Handing Over Possession

2%


Note : - Stamp duty, Registration charges etc. shall be borne by the purchaser.

- Service Tax as applicable from time to time shall be payable by the   purchaser.

- Electrical connection to the house is the responsibility of the Purchaser.

- Interest free Security Deposit for services maintenance shall be paid extra   at the time of execution of Agreement.

- Delayed payment with surcharge @ 18% p.a. may be accepted at the sole   discretion of the seller upto a period of 30 days from the due date(s) as   stated above, after which allotment shall be cancelled and earnest money   deposit shall be forfeited. Thereafter, the seller shall be free to sell the   property to any one.



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