Payment plan
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This document outlines the pricing and payment plan for units in Tower 3 of the Primanti housing project. It lists the basic sale price, mandatory basement parking slots priced at Rs. 3,75,000 each, external development and infrastructure charges of Rs. 325 per square foot, and interest-bearing maintenance security of Rs. 100 per square foot. Preferential location charges vary based on floor levels and unit locations. The construction-linked payment plan outlines percentage payments due at different construction milestones. Notes provide additional details on taxes, potential price revisions, unit conversion, and the need to refer to formal agreements for full terms.
Payment plan
- 1. PRIMANTI PRICING AND PAYMENT PLAN TOWER 3 **** List of Pricing and Other Charges Basic Sale Price/Sale Price As Applicable Basement Parking Slot (2 Slots Mandatory) Rs. 3, 75,000/- per slot External Development & Infrastructure Development Charge (EDC & IDC) Rs 325/- per sq ft Interest Bearing Maintenance Security (IBMS) Rs. 100/- per sq ft Preferential Location Charges (PLC) (A) Internal Garden/Club House Facing (For Unit No 1&2) 1st to 4th Floor Rs. 125/- per sq ft 5th to 7th Floor Rs. 100/-per sq. ft 8th to 10th Floor Rs. 75/- per sq.ft (B) Floor Rise (incremental floor wise) 1st to 10th Floor Rs. 25/- per sq ft 11th to 20th Floor Rs. 35/- per sq ft Construction Linked Payment Plan Payment Stages % of Payment Due On Booking 14 Lakhs Within 45 days of Allotment 15% of Sale Price (Less Booking Amount already paid) Completion of Excavation 10% of Sale Price Completion of Ground Floor Slab 10% of Sale Price Completion of 2nd Floor Slab 10% of Sale Price Completion of 6th Floor Slab 100% of EDC& IDC + 100% of Car Parking Completion of 10th Floor Slab 10% of Sale Price Completion of 15th Floor Slab 10% of Sale Price Completion of 19th Floor Slab 10% of Sale Price Completion of Terrace Slab 7.5% of Sale Price Completion of Internal Plastering 7.5% of Sale Price Completion of Internal Flooring 100% of PLC Charges Completion of Internal Painting 5% of Sale Price On offer of Possession 5% of Sale Price + IBMS+ Stamp Duty & Registration Charges+ Misc Charges Note: 1. EDC&IDC is, pro-rated per apartment as applicable to this Group Housing Project. In case of any revision thereof by the Govt. agencies in future, the same would be recovered/adjusted on pro-rata basis. 2. Two car parking slots along with an apartment is mandatory. 3. The yearly simple interest payable on IBMS shall be determined by the company as per the applicable rates on Fixed Deposits accepted by State Bank of India at the close of each financial year on 31st March. 4. Service Tax, Stamp duty & Registration charges are extra and as applicable 5. Prices indicated above are subject to revision from time to time at the sole discretion of the company. 6. Prices, terms and conditions stated herein are merely indicative with a view to acquaint the applicant and are not exhaustive. For detailed Terms and Conditions please refer to the application form and Apartment Buyers Agreement. 7. 1 SQ MT= 10.764 SQ FT. ****