Plan Details

Payment Plan

Construction Linked Payment Plan (CLP)
Sr. No. Milestone of Payment % Payment Due
1 Booking amount along with application form 10%
2 At the execution of Agreement 10%
3 On commencement of RAFT foundation 5%
4 On or before laying of Basement floor slab 5%
5 On or before laying of the 1st residential floor slab 5%
6 On or before laying of the 3rd residential floor slab 5%
7 On or before laying of the 5th residential floor slab 5%
8 On or before laying of the 7th residential floor slab 5%
9 On or before laying of the 9th residential floor slab 5%
10 On or before laying of the 11th residential floor slab 5%
11 On or before laying of the 13th residential floor slab 5%
12 On or before laying of the 15th residential floor slab 5%
13 On or before laying of the top floor slab 5%
14 On completion of Internal plaster within the flat 5%
15 On commencement of Internal tiling work in the project 5%
16 On commencement of Interior painting work within the flat 5%
17 On commencement of External facade painting work 5%
18 On offer of possession/Application of completion certificate 5%
Total 100%
Construction Linked Payment Plan (CLP) for Construction Services opted by the Customer as per construction contract
Sr. No. Milestone of Payment % Payment Due
1At the execution of Construction Agreement and issuance of contract10%
2Upon Approval of Building plan from Prayagraj Development Authority10%
3On commencement of Foundation10%
4On or before laying of Plinth Beam (Plinth Level)10%
5On or before laying of Ground Floor slab10%
6On commencement of Brick Masonry of Ground Floor10%
7On or before casting of First Floor slab10%
8On commencement of Brick Masonry of First Floor10%
9On or before casting of Second Floor slab (if applicable) or commencement of internal plaster of duplex5%
10On commencement of External Plaster of the villa5%
11On commencement of External façade Painting Work5%
12On offer of Possession5%
Total value of construction contract as per construction agreement 100%
GST payment over cost of construction and services (to be paid along with each installment) @18%

Additional Charges :

  • The consideration is for the indicated unit and is not inclusive of additional amounts towards Stamp Duty, Registration Charges and legal / miscellaneous expenses etc, which shall be payable as per rules. Government Taxes, GST as applicable from time to time shall be payable by the allottee in addition to the price consideration.
  • PREFERENTIAL LOCATION CHARGES: Floor PLC / Corner PLC (if applicable), which is over and above the Basic Price as mentioned in the price list, shall become payable as per conditions of price list / offer.
  • PARKING CHARGES: Parking charges are applicable as preferred by the customer. Parking will be made available in the Basement, Ground (Stilt) and Open Area parking in setback.
  • OTHER APPLICABLE CHARGES: These charges are mandatory which are over and above the Basic Price as mentioned in the price list; for providing various facilities:
    • Interest Free Maintenance Deposit (IFMD): Rs 30/- per square feet (Paid to Home Owners’ Association)
    • Maintenance charge as per maintenance agreement (for 1st year): Rs. 1/- per square feet or as decided by the Home Owners’ Association or Maintenance Agency
    • Electric Meter box and Connection Charges (ECC) – Rs. 40,000/- per unit.
    • Power Backup (Generator charges per kVA): Rs. 15,000/-
    • Community membership (Swimming pool and gym membership) – Rs. 2,00,000/- per unit.
    • Fire Fighting Charges (FFC) – Rs. 30,000/- per unit.
    • Tata Play, Adani IGL Gas, Intercom Connection – Rs. 22,500/- per unit.