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Payment+plan Ultima - Sector81 Gurgaon

The document outlines the payment plan for apartments in different towers of a residential development. It provides details of the basic sale price, development charges, maintenance security deposit, and rebates. It describes the down payment plan requiring 95% payment within 45 days and the remaining amount on possession. The construction linked payment plan splits the payment over 27 installments according to the progress of construction, with the final payment on possession including maintenance deposit and registration charges. The plans include notes on price escalation, parking allotment, interest rates, penalties for delays, and government taxes.

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Salil Kapoor
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120 views2 pages

Payment+plan Ultima - Sector81 Gurgaon

The document outlines the payment plan for apartments in different towers of a residential development. It provides details of the basic sale price, development charges, maintenance security deposit, and rebates. It describes the down payment plan requiring 95% payment within 45 days and the remaining amount on possession. The construction linked payment plan splits the payment over 27 installments according to the progress of construction, with the final payment on possession including maintenance deposit and registration charges. The plans include notes on price escalation, parking allotment, interest rates, penalties for delays, and government taxes.

Uploaded by

Salil Kapoor
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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PAYMENT PLAN (Annexure III A)

For Towers E & S (3BHK+S.Room - S+29 floors) &


For Towers H,J,K,L,U & T (4BHK+S.Room -S+20 to S+27 floors)

PRICE

Basic Sale Price of Apartment including right


As applicable
to use (i) 2 car parks for Apartments in Towers E&S,
& (ii) right to use 3 car parks for other Towers

External Development Charges (EDC) &


Infrastructural Development Charges (IDC) Rs. 300 per sq ft (Rs. 3229/sqm)

Interest Bearing Maintenance Security (IBMS) Rs. 200 per sq ft (Rs. 2153/sqm)
Down payment rebate 12.00%

DOWN PAYMENT PLAN

On Application for Booking Rs 12,97,000/- (Rupees Twelve lacs fifty thousand plus Service Tax)

Within 45 days of Booking 95% of Sale Value (Less Booking Amount & Down payment rebate)

On offer of possession 5.0% of Sale Value + IBMS + Stamp Duty + Registration charges etc.

CONSTRUCTION LINKED INSTALLMENT PAYMENT PLAN

On Application for Booking Rs 12,97,000/- (Rupees Twelve lacs fifty thousand plus Service Tax)
Within 45 days of Booking 10% of Sale Value (Less Booking Amount)
Within 3 months of Booking 10% of Sale Value
Within 6 months of Booking 10% of Sale Value
Within 9 months of Booking/start of excavation* 10% of Sale Value
Within 12 months of Booking/start of foundation* 10% of Sale Value
Within 15 months of Booking/casting of Ground Floor* 7.5% of Sale Value
Within 18 months of Booking/casting of 4th Floor* 7.5% of Sale Value
Within 21 months of Booking/casting of 8th floor* 7.5% of Sale Value
Within 24 months of Booking/casting of 12th floor* 7.5% of Sale Value
Within 27months of Booking/casting of 16th floor* 5.0% of Sale Value
Within 30 months of Booking/casting of 20th floor** 5.0% of Sale Value
Within 36 months of Booking/casting of Terrace floor** 5.0% of Sale Value
Within 42 months of Booking/applying of Occupation Certificate** 2.5% of Sale Value
On offer of Possession 2.5% of Sale Value + IBMS + Stamp Duty + Registration Charges etc.
*Whichever is Later
**Whichever is Earlier

SALE VALUE = (BASIC SALE PRICE x SUPER AREA OF APARTMENT) + (PLC) + (EDC + IDC+ OTHER GOVT. CHARGES)
TOTAL PRICE = (BASIC SALE PRICE x SUPER AREA OF APARTMENT) + (PLC)

Notes -
1. Down Payment Rebate is payable on Total Price.
2. The Basic Sale Price is subject to escalation.
3. Right to use car parkings per apartment is for two car parking slots for 3 BHK & three car parking slots for 4 BHK apartments.
4. The yearly simple interest payable on IBMS 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 31st of March.
5. IBMS, Stamp duty & Registration charges shall be payable along with the last installment, as applicable.
6. The Company would pay penalty to the allottee @ Rs. 20/- per sq ft per month for any delay in handing over the apartment beyond 6
months from the expiry of 60 months from the date of booking (refer to clause no. 19(b) of application). Similarly, the Applicant would be
liable to pay holding charge @ Rs.20/- per sft per month, if he fails to take possession within 30 days from the date of offer of possession.
7. Prices are with effect from March 12th, 2013.
8. Prices indicated above are subject to revision from time to time at the sole discretion of the company.
9. Prices, terms and conditions stated herein are merely indicative with a view to acquaint Applicant and are not exhaustive.
10. As per Govt Rules, Service Tax is payable on each installment.
11. EDC / IDC charges are being paid in installments to the Govt.
PAYMENT PLAN (Annexure III B)
For Towers A,B,C,D,F,G,P,Q,R & V (4BHK+S.Room -S+12 to S+17 floors)

PRICE

Basic Sale Price of Apartment including right


As applicable
to use 3 car parks

External Development Charges (EDC) &


Infrastructural Development Charges (IDC) Rs. 300 per sq ft (Rs. 3229/sqm)

Interest Bearing Maintenance Security (IBMS) Rs. 200 per sq ft (Rs. 2153/sqm)
Down payment rebate 12.00%

DOWN PAYMENT PLAN

On Application for Booking Rs 12,97,000/- (Rupees Twelve lacs fifty thousand plus Service Tax)

Within 45 days of Booking 95% of Sale Value (Less Booking Amount & Down payment rebate)

On offer of possession 5.0% of Sale Value + IBMS + Stamp Duty + Registration charges etc.

CONSTRUCTION LINKED INSTALLMENT PAYMENT PLAN

On Application for Booking Rs 12,97,000/- (Rupees Twelve lacs fifty thousand plus Service Tax)
Within 45 days of Booking 10% of Sale Value (Less Booking Amount)
Within 3 months of Booking 10% of Sale Value
Within 6 months of Booking 10% of Sale Value
Within 9 months of Booking/start of excavation* 10% of Sale Value
Within 12 months of Booking/start of foundation* 10% of Sale Value
Within 15 months of Booking/casting of Ground Floor* 7.5% of Sale Value
Within 18 months of Booking/casting of 4th Floor* 7.5% of Sale Value
Within 21 months of Booking/casting of 8th floor* 7.5% of Sale Value
Within 24 months of Booking/casting of 12th floor* 7.5% of Sale Value
Within 27months of Booking/casting of 16th floor* 5.0% of Sale Value
Within 30 months of Booking/casting of 20th floor** 5.0% of Sale Value
Within 36 months of Booking/casting of Terrace floor** 5.0% of Sale Value
Within 42 months of Booking/applying of Occupation Certificate** 2.5% of Sale Value
On offer of Possession 2.5% of Sale Value + IBMS + Stamp Duty + Registration Charges etc.
*Whichever is Later
**Whichever is Earlier

SALE VALUE = (BASIC SALE PRICE x SUPER AREA OF APARTMENT) + (PLC) + (EDC + IDC+ OTHER GOVT. CHARGES)
TOTAL PRICE = (BASIC SALE PRICE x SUPER AREA OF APARTMENT) + (PLC)

Notes -
1. Down Payment Rebate is payable on Total Price.
2. The Basic Sale Price is subject to escalation.
3. Right to use car parkings per apartment is for two car parking slots for 3 BHK & three car parking slots for 4 BHK apartments.
4. The yearly simple interest payable on IBMS 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 31st of March.
5. IBMS, Stamp duty & Registration charges shall be payable along with the last installment, as applicable.
6. The Company would pay penalty to the allottee @ Rs. 20/- per sq ft per month for any delay in handing over the apartment beyond 6
months from the expiry of 60 months from the date of booking (refer to clause no. 19(b) of application). Similarly, the Applicant would be
liable to pay holding charge @ Rs.20/- per sft per month, if he fails to take possession within 30 days from the date of offer of possession.
7. Prices are with effect from March 12th, 2013.
8. Prices indicated above are subject to revision from time to time at the sole discretion of the company.
9. Prices, terms and conditions stated herein are merely indicative with a view to acquaint Applicant and are not exhaustive.
10. As per Govt Rules, Service Tax is payable on each installment.
11. EDC / IDC charges are being paid in installments to the Govt.

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