Morefields - Cost Break Up - Plot 170

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COST BREAKUP

RERA Approval no – PRM/KA/RERA/1251/308/PR/181022/002103


Plot Number - 170
Mr. & Mrs.
`
Section –A
Land Area (Sq.Ft) 3999.34
Land Area (Sqm) 371.55
Price Per Sq.Ft 3,750
Premium Location Charges (Applicable for Corner Plot Facing)
Total Agreement Value 1,49,97,517.00
Applicable Stamp Duty @ 5.15% 7,72,372.00
Applicable Stamp Duty @ 0.50% 74,988.00
Applicable Stamp Duty @ 1.00% 1,49,975.00
Total Cost of the Plot (A) 1,59,94,852.00

Section - B
Infra Structure Development Charges (Rs.200/- per sft) 7,99,868.00
GST @ 18% 1,43,977.00
Total Charges (B) 9,43,845.00

Section - C
Maintenance Charges @ Rs 1.50/- Sq.ft per month for 5 years 3,59,940.00
Other Charges 50,000.00
GST @ 18% 73,790.00
Total Charges (C) 4,83,730.00
Grand Total (A+B+C) 1,74,22,427.00

Payment Summary
On Booking Rs.1,00,000/- 100000.00
On Agreement - 15 days from the booking date (20% of the Agreement Value) 2899503.00
On Registration - Within 45 Days from the booking date (Balance amount including deposits and charges) 14422924.00
Disclaimer
• The above Costing is excluding the applicable premium.
• 1 Square Meter is equal to 10.7639 Square Feet.
• All Payments shall be made by Cheque/DD payable at Bangalore, Favoring Entity.
• Kindly issue a Cheque/DD in Favour of "Manyata Developers Pvt. Ltd." towards all the payable amounts to Manyata Developers Pvt. Ltd.
• It is Mandatory that purchasers use their respective accounts to make all transfers starting with the booking amount, the payment schedule and all other charges
mentioned above.
• Please submit a copy of PAN Card, Proof of Address and a Passport Size Photograph of self along with the Booking Application Form.
• Any changes in the details of Applicant/Co Applicant, should be communicated to the company within 7 working days of signing the document.
• Taxes have been computed based on the current rate applicable. All additional taxes/levies/cesses or any other statutory charges which may be imposed by the
authorities from time to time shall be payable by the Purchaser.
• Applicable Stamp Duty to be paid directly to the Sub Registrar's Office at rates prevailing at that time by the buyer in the form of DD/Online Payment/way as per
the requirement.
• IMPORTANT - TDS on property purchase : The Income Tax Act, 1961 requires a purchaser of an immovable property (other than Rural Agricultural Land) worth
Rs.50 Lakhs or more to deduct and pay with holding tax at the rate of 1.00% from the consideration payable to the Seller. He/She is required to quote his or her
PAN and Sellers PAN while making the payment. The Purchaser's are requested to comply with the law and issue us the FORM 16B. FORM 16B if the TDS
certificate to be issued by the Purchaser to the Seller in respect of the taxes deducted and deposited into the Government Account. Further details on this may be
found at https://www.tin-nsdl.com/TDS/TDS-FAQ.php. The purchaser are solely responsible for this compliance.
• Additional Charges /Deposits such as Charges towards providing Power, Water and Sewerage Connection, Maintenance Charges, Club Membership and Service
Charges will be payable by the Applicant as per demand raised by the Seller as per applicable timelines.

• Any disputes arising between both the parties shall be governed by the laws of India and subject to exclusive Jurisdiction of Courts in Bangalore, India .

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