Payment Schedule (Construction Linked Plan) - Tower 4 & 5

S.No.

Payment Due On

Application Money

% of Sales Consideration
(Agreement Value +
Corresponding Service Tax)
5.00%

On 75 days from date of booking

14.50%

On 75 days from date of booking

On Notice of Allotment

0.50%

On receiving necessary Approvals

Tentative Timeline
On Booking date

Stamp Duty, Registration, Legal Charges, MVAT

4

On Completion of Excavation

10.00%

Feb-16

On Completion of Plinth

10.00%

Apr-16

On Completion of 2nd Slab

10.00%

Aug-16

On Completion of 7th Slab

10.00%

Jan-17

On Completion of 12th Slab

10.00%

Jun-17

On Completion of 17th Slab

10.00%

Aug-17

10

On Completion of Final Slab

10.00%

Mar-18

11

On Completion of plumbing and Flooring

On Notice of Possession +Electricity, Clubhouse & Adv.
Maintenance Charges

5.00%

Dec-18

5.00%

Mar-19

12

Payment Schedule (Construction Linked Plan) - Tower 6

S.No.

Payment Due On

Application Money

% of Sales Consideration
(Agreement Value +
Corresponding Service Tax)
5.00%

On 75 days from date of booking

14.50%

On 75 days from date of booking

On Notice of Allotment

0.50%

On receiving necessary Approvals

Tentative Timeline
On Booking date

Stamp Duty, Registration, Legal Charges, MVAT

4

On Completion of Excavation

10.00%

Feb-16

On Completion of Plinth

10.00%

Apr-16

On Completion of 2nd Slab

10.00%

Aug-16

On Completion of 6th Slab

10.00%

Dec-16

On Completion of 10th Slab

10.00%

May-17

On Completion of 14th Slab

10.00%

Oct-17

10

On Completion of Final Slab

10.00%

Mar-18

11

On Completion of plumbing and Flooring

On Notice of Possession +Electricity, Clubhouse & Adv.
Maintenance Charges

5.00%

Dec-18

5.00%

Mar-19

12

Payment Schedule (Down Payment Plan) - Tower (4, 5 & 6)

S.No.

Payment Due On

% of Sales Consideration
(Agreement Value +
Corresponding Service Tax)

Tentative Timeline

Application Money

5%

On Booking date

Within 75 days from date of booking

14.50%

On 75 days from date of booking

On Notice of Allotment

0.50%

On Execution of Agreement

75%

On receiving necessary Approvals

30 days from the date of
Allotment

On Notice of Possession + MSEB, Clubhouse charges &

Ad Maintenance Charges

5%

Please Note:1. The above schedule is tentative and subject to change without prior notice.
2. The Timelines is a mere estimate and subject to change depending on the actual construction at site.

Mar-19