Payment Plan-Kensington Park Apartments | |||
(A)Construction Linked Plan (G+12 floors) | |||
S.No | Payment due on | % age | Other Applicable Charges |
1 | Earnest Money | As applicable* | |
2 | On or before 2 months of the Application | 20% of BSP Booking–Amount |
|
3 | On Commencement of Foundation | 10% of BSP | |
4 | On laying of upper basement slab | 10% of BSP | |
5 | On laying of 3rd floor Roof Slab | 10% of BSP | |
6 | On laying of 5th floor Roof Slab | 10% of BSP | IDC Charges |
7 | On laying of 7th floor Roof Slab | 10% of BSP | EDC Charges |
8 | On laying of 9th floor Roof Slab | 10% of BSP | Electric Substation Charges |
9 | On laying of top floor Roof Slab | 8% of BSP | |
10 | On completion of internal plaster & flooring within the Apartment |
7% of BSP | Social Club Charges + Maintenance Advance + IFMD + PLC + Car Park +Lease Rent |
11 | On Offer of Possession | 5% of BSP | |
Total | 100% |
Notes:
•Installment under S.No. 3 – 11 shall be based on actual progress of construction work at site and shall become payable by the allottee on demand by the Company irrespective of the serial order in which they are listed above.
•Installments under S.No. 3 -11 may run concurrently with those under S.No. 1 – 3 based on the physical progress of work at site.
Payment Plan – Kensington Heights | ||||
(A) Construction Linked Plan (G+16 floors) | ||||
S.No | Payment due on | % age | Other Applicable Charges | |
1 | Earnest Money | As applicable* | ||
2 | On or before 2 months of the Application |
20% of BSP – Booking Amount |
||
3 | On Commencement of Foundation | 10% of BSP | ||
4 | On laying of upper basement slab | 10% of BSP | ||
5 | On laying of 3rd floor Roof Slab | 10% of BSP | ||
6 | On laying of 6th floor Roof Slab | 10% of BSP | IDC Charges | |
7 | On laying of 9th floor Roof Slab | 10% of BSP | EDC Charges | |
Electric Substation | ||||
8 | On laying of 12th floor Roof Slab | 10% of BSP | Electric Substation Charges |
|
9 | On laying of top floor Roof Slab | 8% of BSP | ||
10 | On completion of internal plaster & flooring within the Apartment |
7% of BSP | ||
11 | On Offer of Possession | 5% of BSP | Social Club Charges + Maintenance Advance + IFMD + PLC + Car Park + Lease Rent |
|
Total | 100% |
Notes:
•Installment under S.No. 3 – 11 shall be based on actual progress of construction work at site and shall become payable by the allottee on demand by the Company irrespective of the serial order in which they are listed above.
•Installments under S.No. 3 -11 may run concurrently with those under S.No. 1 – 3 based on the physical progress of work at
Down Payment Plan
S. No. | Stages of Construction in the unit | Percentage (%) | Other Applicable Charges |
1 | On Booking | 10% | |
2 | On or before 1 month from date of Application | 85% | IDC Charges + EDC Charges + Electric Substation Charges |
3 | On offer of possession | 5% | Social Club Charges + Maintenance Advance + IFMD + PLC + Car Park + Lease Rent |
TOTAL | 100% |
Note:
Down Payment Discount: @ 15%