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The Payment Plan




Price List and Payment Plan
Basic sale price
Rates as applicable on the date of booking
Down payment rebate
6.5% of Basic Sale Price
Preferential location charges
As applicable
Interest bearing maintenance security (IBMS)
Rs. 50/- per sq.ft.
Cost of parking (PER SLOT)
Rs. 3,00,000/-

Down Payment Plan
On application for booking
15 % of the Sale Price
Within 30 days of booking
76 % of the Sale Price
 
+ 100% Parking Cost + 100% of PLC (See note 5)
On receipt of occupation certificate
2.5% of the Sale Price + IBMS + Stamp duty (See note 6 & 7)

Time Bound Interest -Free Installment Plan
Linked Stages
Payment
On Booking
15 % of the Sale Price
Within 2 months of Booking
10 % "
Within 4 months"
10 % "
Within 6 months"
7.5 % + 50% of Parking cost + 50% of PLC (See note 5)
Within 9 months"
7.5 % .+ 50% of Parking cost + 50% of PLC (See note 5)
Within 12 months"
7.5 % "
Within 15 months"
7.5 % "
Within 18 months"
7.5 % "
Within 21 months"
10 % "
Within 24 months"
10 % "
On application for Occupation Certificate
5 %"
On receipt of Occupation Certificate
2.5 % " + IBMS + Stamp duty (see note 6 & 7)

Notes:
  1. The above price is inclusive of External Development Charges (EDC), pro-rated per apartment as applicable to this Group Housing site as levied by the Govt. of Haryana up to the date of issue of licenses, originally paid by the company. 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 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 @ 7.5% per annum.
  4. Each apartment would be provided with a power back-up of 10 KVA approx. in THE SUMMIT.
  5. Two/Three car parkings 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 installments.
  6. The yearly simple interest payable on) BMS 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 31" March.
  7. Stamp duty & Registration charges shall be payable along with the 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 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 30 days from the date of issuance of intimation about possession.
  8. Housing loans with tenures of up to 15 years repayment are available directly from various Financial Institutions
  9. Prices are w.e.f. 26th April 2005.
  10. Prices indicated above are subject to revision from time to time, at the sole discretion of the Company.
  11. 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 form and Apartment Buyer's Agreement.

The Specifications

Structure
Designed for seismic consideration for ZONE V as per code IS 1893, Year 2002

Living /Dining /Passage/Lobby
Floor (Within apartments)
Imported marble
Walls
Acrylic emulsion with Cornices as per design
Ceiling
Oil bound distemper

Bedrooms
Floor
Wooden laminated flooring with 2" high wooden laminated skirting
Walls
Acrylic emulsion with Cornices as per design
Ceiling
Oil bound distemper

Kitchen
Walls
Combination of Ceramic tiles upto 2' -0' above the Counter and oil bound distemper in the balance area
Floor
Suitable combination of one or more Indian Marble/stone / Ceramic Tiles
Counter
Granite / Marble
Fitting / Fixtures
Superior quality CP Fittings, Stainless steel double Bowl/Single Drain Board Kitchen Sink, Exhaust Fan

Toilets
Walls
Combination of Ceramic Tiles upto 7' -0', Oil " Bound Distemper and Mirror
Floor
Suitable combination of one or more Indian Marble/Stone / Ceramic Tiles
Counters
Granite / Marble
Fittings / Fixtures.
Jaguar make or equivalent superior quality single Lever CP fittings, Chinaware (Neycer / Parryware / Hindware or equivalent) Ess Ess make or equivalent, Towel Rail/Ring, Soap Dish, Toilet Paper Holder and Coat Hook in Toilets
Toilet
 
Shower Enclosure
Shower Curtain Rail with Shower Curtain

Balcony
Floor
Terrazzo
Ceiling
Exterior Paint

S. Room and S. Room Toilet
Floor
Terrazzo
Walls
Combination of Ceramic Tiles and Oil Bound Distemper
Ceilings
Oil Bound Distemper

Doors
Internal Door
Polished / Painted Hardwood frames with Polished Painted Moulded Skin / Flush shutters
Entrance Door
Teak Veneered and Polished Flush Shutter / Moulded Skin Door
External Doors & Windows Hardware
Powder Coated / Anodized Aluminum Glazing Brass Hardware except for S. Room & S. Room Toilet

Electricals
MK make or equivalent Modular Switches and Sockets, Copper wiring (fittings like fans, light fixtures, geysers, appliances etc. not provided) Backup power of 10KVA per apartment

Security System
Access cards for the residents for entry into the Entrance lobby at ground level and lift lobby in Basement, CCTV in basement & main entrance Lobby for surveillance

Plumbing
Copper Piping for water Supply inside toilets and Kitchen. Sprinkler system for fire safety in all areas as per norms Water Softening plant

Club Facility
Party Room, Swimming Pool, Change Rooms and Gymnasium

Notes:
  1. Brand and make are indicative and will be of equivalent make & quality as per availability,
  2. Marble and Granite being natural materials have inherent characteristics of colour and grain variation
  3. All floor plans, layout plans and specifications are indicative and are subject to change as decided by the Company or Competent Authority
  4. In case of non-availability of imported laminated / imported marble flooring material, equivalent quality Indian substitutes will be used.
  5. All internal walls may be of gypsum board, in place of conventional brick work, for better aesthetics, finish and to provide flexibility for modifications.





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