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- An exclusive location - Right amidst the prestigious
DLF Golf and Country Club in DLF City, Gurgaon.
- Aesthetic & superior design - Each apartment features
a vast deck and faces the Golf Course. Also, the complex come
with a private green.
- Centrally air-conditioned apartments.
- Large and commodious in size with flexible options -
'THE MAGNOLIAS' offers a large and wide range varying from 5825
sq. ft. to between 9000-10000 sq. ft. for deluxe apartments and
penthouses.
- Bare shell apartments - Provides option for finishing
by the company as per approved specifications and costs.
- Dedicated leisure and fitness facilities - 'THE
MAGNOLIAS' feature an exclusive club so that the occupants have
ready and easy access to a swimming pool, steam or sauna
facility, tennis and squash court besides a laundromat for
convenient use, as needed.
- Parking conveniences - Dedicated parking slots - 3
for apartments and 4 for duplex/ penthouse to take care of the
vehicular needs of occupants in addition to visitors' parking.
- Rate The Current rates are Rs. 10,000 per sq ft for
standard apartment of 5825 sq ft & 5875 sq ft . (subject to
revision at sole discretion of the Company) .
- Booking Amount : Rs. 25 lacs for Standard Apartment
and Rs.40 lacs for Duplex / Penthouse.
- The Area of the Apartment is 5825 sq.ft. & 5875 sq.ft.;
and Duplex/Penthouse are at the range of 9200 - 10000 sq.ft.
- Payment Plan : "Down Payment Plan" with 9% discount
OR "Two and a half year Instalment Plan"
Details of costing are as under: - |
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STANDARD APARTMENT ONE APARTMENT TO A FLOOR
AREA : 5875 SQ. FT. & 5825 SQ. FT.
RATE : 3 CAR PARKINGS : 4,00,000/- EACH
COST : AREA X RATE + COST OF CAR PARKINGS
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Prices |
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Unit price of semi-finished |
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Apartment As applicable |
As applicable |
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Duplex Apartment / Penthouse |
As applicable |
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Parking (per slot) |
Rs. 4,00,000/-covered Parking (see Clause 5). |
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SALE PRICE OF UNIT |
(UNIT PRICE X SUPER AREA OF SEMI-FINISHED UNIT) + COST OF
03/ 04 PARKING SLOTS |
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Down payment Rebate |
9 % |
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Interest Bearing Maintenance Security (IBMS) |
Rs. 125/- per sq.ft |
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DOWN PAYMENT PLAN |
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On application for booking |
Rs. 25 Lacs* |
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Within 30 days of booking |
88.5% of Sale Price (less Rs. 25 Lacs*) |
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On receipt of Occupation Certificate |
2.5% of Sale Price + IBMS (See note 6)
+ Stamp Duty & Registration Charges (See note 7) |
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2.5 YEARS, TIME BOUND,
INTEREST-FREE, INSTALLMENT- PAYMENT PLAN |
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On Booking Rs |
25 Lacs* |
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Within 2 months of Booking |
20% of Sale Price (less Rs.25 Lacs*) |
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Within 4 months of Booking |
7.5% of Sale Price (less Rs.25 Lacs*) |
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Within 6 months of Booking |
7.5% of Sale Price (less Rs.25 Lacs*) |
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Within 9 months of Booking |
7.5% of Sale Price (less Rs.25 Lacs*) |
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Within 12 months of Booking |
7.5% of Sale Price (less Rs.25 Lacs*) |
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Within 15 months of Booking |
10% of Sale Price (less Rs.25 Lacs*) |
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Within 18 months of Booking |
10% of Sale Price (less Rs.25 Lacs*) |
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Within 21 months of Booking |
10% of Sale Price (less Rs.25 Lacs*) |
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Within 24 months of Booking |
10% of Sale Price (less Rs.25 Lacs*) |
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Within 27 months of Booking |
5% of Sale Price (less Rs.25 Lacs*) |
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On receipt of Occupation Certificate |
5 % of Sale Price (less Rs.25 Lacs*) + IBMS+Stamp Duty (see note 6& 7) |
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*
In case of Duplex / Penthouse the booking amount is Rs. 40 Lacs |
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Notes |
- The above price is inclusive of External Development Charges
(EDC), pro-rated per apartment as applicable to this Group
Housing site as levied by the Government of Haryana upto the
date of issue of licences, originally paid by the Company. In
case of any upward revision thereof by the Govt. agencies in
future, the same would be recovered on pro-rata basis.
- Prices are Escalation Free but subject to revision/
withdrawal without notice at Company’s sole discretion. No extra
charges will be leviable, except due to change, if any, on
account of Fire Safety norms or upward revision of EDC (note 1)
by the Govt. of Haryana from time to time and/or on
revision/change in area.
- The rebate for early payments shall however be subject to
change from time to time and is presently @ 11% per annum.
- Each apartment would be provided with a power back-up of 20
KVA approx. and Duplex / Pent Houses would be provided with a
Power Back of 30 KVA.
- Three / four Car parking spaces are mandatory per
apartment.Three car parkings are mandatory in case of Standard
Apartment and four car parkings are mandatory in case of Duplex/
Penthouse. Any additional car parking will be offered subject to
availability at the prevailing prices.
- The yearly simple interest payable on IBMS shall be
determined by the company as per the applicable rates on
one-year
Fixed Deposits accepted by State Bank of India at the close of
each financial year on 31st March.
- Stamp Duty & other charges shall be payable along with the
last installment, as applicable.
- The Company would pay penalty to its customers @ Rs.5/- per
sq.ft. per month for any delay in handing over the product
beyond the committed period of three years from the date of
execution of agreement. Similarly, the customer would be liable
to pay holding charge @ Rs.5/- per sq.ft. per month if he fails
to take possession within 30 days from the date of offer of
Possession. .
- Prices indicated above are subject to revision from time to
time at the sole discretion of the company.
- 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 Buyer’s Agreement.
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