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Payment Plans |
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S.No |
Payment Due On |
%age |
Other applicable charges |
1 |
Booking Amount |
As applicable* |
|
2 |
On or before 2 months of the application |
(20% of the BSP-Booking Amount) |
|
3 |
On Earth Filling |
10% of the BSP |
|
4 |
On Leveling |
15% of the BSP |
|
5 |
On Demarcation |
15% of the BSP |
|
6 |
On Laying of Services(drainage & sewage) |
10% of the BSP |
|
7 |
On completion of the Road Work |
10% of the BSP |
|
8 |
On laying of Electrical & Water Supply |
10% of the BSP |
PLC+IDC |
9 |
On Offer of Possession |
10% of the BSP |
Social Club Charges+ IFMD+ Maintenance advance+ Electric substation+ Lease rent |
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TOTAL |
100% |
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Notes |
- Installments under S.No.3-9 may run concurrently with those under S.No. 1-2 based on the physical progress of work at site.
- The demand letter for installments at S.No. 3-9 shall be sent in advance providing for payment period of up to 15 days
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Down Payment Plan |
|
S.No |
Payment Due On |
%age |
Other applicable charges |
1 |
Booking Amount |
As applicable* |
|
2 |
On or before 2 months of the application |
(90% of the BSP-Booking Amount) |
PLC+ IDC |
3 |
On Offer of Possession |
10% of the BSP |
Social Club Charges+ IFMD+ Maintenance advance+ Electric substation+ Lease rent |
|
TOTAL |
100% |
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Notes: Down Payment Discount @ 10% on BSP> |
|
S.No |
Payment Due On |
%age |
Other applicable charges |
1 |
Booking Amount |
As applicable* |
|
2 |
On or before 1 month of the application |
(55% of the BSP-Booking Amount) |
Electric substation Charges |
3 |
On Laying of Services(drainage & sewage) |
20% of the BSP |
|
4 |
On laying of Electrical & Water Supply |
20% of the BSP |
PLC+ IDC |
5 |
On Offer of Possession |
5% of the BSP |
Social Club Charges+ IFMD+ Maintenance advance+ Electric substation+ Lease rent |
|
TOTAL |
100% |
|
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Notes: Partial Down Payment Discount @ 6.5% on BSP |
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