The document outlines the payment plan and pricing details for a residential property development project. It lists various development charges like EDC, IDC and mandatory club membership fees. It then details the payment timeline which requires 30% booking amount paid initially, followed by installments on certain milestones like 10% within 30 days, 15% within 60 days, 25% on structure completion and final 50% on possession with applicable taxes. Preferential location charges are also defined based on road width and location facing.
The document outlines the payment plan and pricing details for a residential property development project. It lists various development charges like EDC, IDC and mandatory club membership fees. It then details the payment timeline which requires 30% booking amount paid initially, followed by installments on certain milestones like 10% within 30 days, 15% within 60 days, 25% on structure completion and final 50% on possession with applicable taxes. Preferential location charges are also defined based on road width and location facing.
The document outlines the payment plan and pricing details for a residential property development project. It lists various development charges like EDC, IDC and mandatory club membership fees. It then details the payment timeline which requires 30% booking amount paid initially, followed by installments on certain milestones like 10% within 30 days, 15% within 60 days, 25% on structure completion and final 50% on possession with applicable taxes. Preferential location charges are also defined based on road width and location facing.
External Development Charges (EDC) Rs. 4,199/- per sq. yd.
Infrastructural Development Charges (IDC) Rs. 517/- per sq. yd. Club Membership (Mandatory) Rs. 4 Lakhs Preferential Location Charges (PLC) See Note No. 4 LINKED STAGES DESCRIPTION On booking Rs. 30 Lakhs Within 30 days of booking 10% of Sale Price less Booking Amount + 100% of EDC/IDC Within 60 days of booking 15% of Sale Price On completion of structure 25% of Sale Price + 100 % of PLC + 100% of Club Membership On ofer of posession 50% of Sale Price + IFMS + stamp duty and registration charges + Govt. Levies and charges (if any) Note: 1. EDC and IDC are pro-rated per Unit as applicable to this project. In case of any revision, the same would be recovered on pro-rata basis from the Applicant/Allottee. 2. Interest Free Maintenance Security (IFMS) Rs. 100/- per Sq. Ft. 3. Stamp Duty/Registration Charges shall be payable along with the last installment based on the then prevailing rates. 4. PLC: 15 meter wide road - 5% on Net Basic Price, corner - 5% of Net Basic Price, Park/Green Facing - 7.5% of Net Basic Price, 24 meter wide road - 7.5% of Net Basic Price. 5. Service Tax, VAT as applicable would be payable by Customer as per demand (Basic: 3.708%; PLC, Club Membership and other Charges: 12.36%).6. Prices subject to revision at the sole discretion of the Company. 6. Payment to be made by Demand Draft(s)/Pay Order(s)/Bankers Cheque(s) only drawn in favour of EMAAR MGF Land Ltd. A/c Marbella payable at New Delhi. POSSESSION LINKED PAYMENT PLAN PRICES 2 6 / 1 2 / 2 0 1 3 E XCL US I VE VI L L A COMMUNI TY Emaar MGF Land Limited Sales Office: Emaar MGF Business Park, MG Road, Sikanderpur Chowk, Sector 28, Gurgaon 122 002 Email: enquiries@emaarmgf.com | www.emaarmgf.com PAYMENT PLAN