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Process of Payment for Tower - 2 & 3 BHK |
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Initial Token Amount | : | Rs.1,00,000/- + GST |
Booking Amount | : | 10% of the Consideration (including Initial Token Amount) + GST |
On Agreement | : | 20% of the Consideration (including Booking Amount) + GST |
On Completion of Piling | : | 5% of the Consideration + GST |
On Completion of Foundation | : | 5% of the Consideration + GST |
On Completion of Ground Floor Roof Casting | : | 5% of the Consideration + GST |
On Completion of Podium 2 (Two) Roof Casting | : | 5% of the Consideration + GST |
On Completion of 2nd Floor Roof Casting | : | 5% of the Consideration + GST |
On Completion of 5th Floor Roof Casting | : | 5% of the Consideration + GST |
On Completion of 8th Floor Roof Casting | : | 5% of the Consideration + GST |
On Completion of 11th Floor Roof Casting | : | 5% of the Consideration + GST |
On Completion of 14th Floor Roof Casting | : | 5% of the Consideration + GST |
On Completion of 18th Floor Roof Casting | : | 5% of the Consideration + GST |
On Completion of 22nd Floor Roof Casting | : | 5% of the Consideration + GST |
On Completion of 26th Floor Roof Casting | : | 5% of the Consideration + GST |
On Completion of Flooring of the Unit | : | 10% of the Consideration + GST |
On Completion of the Unit except Bathroom Fittings | : | 5% of the Consideration + GST |
On Possession of the Unit | : | 5% of the Consideration + GST |
Process of Payment for Tower 16 (1 BHK Tower) |
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Initial Token Amount | : | Rs.50,000/- + GST |
Booking Amount | : | 10% of the Consideration (including Initial Token Amount) + GST |
On Agreement | : | 20% of the Consideration (including Booking Amount) + GST |
On Completion of Piling | : | 5% of the Consideration + GST |
On Completion of Foundation | : | 5% of the Consideration + GST |
On Completion of Ground Floor Roof Casting | : | 5% of the Consideration + GST |
On Completion of 2nd Floor Roof Casting | : | 5% of the Consideration + GST |
On Completion of 5th Floor Roof Casting | : | 5% of the Consideration + GST |
On Completion of 5th Floor Roof Casting | : | 5% of the Consideration + GST |
On Completion of 8th Floor Roof Casting | : | 5% of the Consideration + GST |
On Completion of 11th Floor Roof Casting | : | 5% of the Consideration + GST |
On Completion of 14th Floor Roof Casting | : | 5% of the Consideration + GST |
On Completion of 17th Floor Roof Casting | : | 5% of the Consideration + GST |
On Completion of 20th Floor Roof Casting | : | 5% of the Consideration + GST |
On Completion of 23rd Floor Roof Casting | : | 5% of the Consideration + GST |
On Completion of 27th Floor Roof Casting | : | 5% of the Consideration + GST |
On Completion of Flooring of the Unit | : | 10% of the Consideration |
On Completion of the Unit except Bathroom Fittings | : | 5% of the Consideration |
On Possession of the Unit | : | 5% of the Consideration |
Extra Charges |
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Deposits |
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Nomination Charges | : | 1 BHK – Rs. 25,000, 2 BHK – Rs. 50,000/-, 3 BHK -75,000 along with applicable GST | 2 BHK & 3 BHK – Rs. 50,000 + GST |
Cancellation Charges | : | Before Agreement : 1 BHK – Rs. 25,000/- + GST |
After agreement : 10% of the Total Consideration value |
Note |
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Bank Approval | : | SBI, HDFC Ltd., LIC Housing Finance, Axis Bank, India Infoline Housing Finance Ltd., Aditya Birla Housing Finance Ltd are approved. |
Cheque to be in favor of | : | ALCOVE DEVELOPERS LLP |
Lock in Period | : | 2 Years from the date of agreement. |