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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: -

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

Prices

Unit price of semi-finished
Apartment As applicable As applicable
Duplex Apartment / Penthouse As applicable
Parking (per slot) Rs. 4,00,000/-covered Parking (see Clause 5).
   
SALE PRICE OF UNIT (UNIT PRICE X SUPER AREA OF SEMI-FINISHED UNIT) + COST OF 03/ 04 PARKING SLOTS
Down payment Rebate 9 %
Interest Bearing Maintenance Security (IBMS)  Rs. 125/- per sq.ft
DOWN PAYMENT PLAN
On application for booking Rs. 25 Lacs*
Within 30 days of booking 88.5% of Sale Price (less Rs. 25 Lacs*)
On receipt of Occupation Certificate  2.5% of Sale Price + IBMS (See note 6)
+ Stamp Duty & Registration Charges (See note 7)
2.5 YEARS, TIME BOUND, INTEREST-FREE, INSTALLMENT- PAYMENT PLAN

On Booking Rs

25 Lacs*
Within 2 months of Booking 20% of Sale Price (less Rs.25 Lacs*)
Within 4 months of Booking 7.5% of Sale Price (less Rs.25 Lacs*)
Within 6 months of Booking 7.5% of Sale Price (less Rs.25 Lacs*)
Within 9 months of Booking 7.5% of Sale Price (less Rs.25 Lacs*)
Within 12 months of Booking 7.5% of Sale Price (less Rs.25 Lacs*)
Within 15 months of Booking 10% of Sale Price (less Rs.25 Lacs*)
Within 18 months of Booking 10% of Sale Price (less Rs.25 Lacs*)
Within 21 months of Booking 10% of Sale Price (less Rs.25 Lacs*)
Within 24 months of Booking 10% of Sale Price (less Rs.25 Lacs*)
Within 27 months of Booking 5% of Sale Price (less Rs.25 Lacs*)
On receipt of Occupation Certificate 5 % of Sale Price (less Rs.25 Lacs*) + IBMS+Stamp Duty (see note 6& 7)

 * In case of Duplex / Penthouse the booking amount is Rs. 40 Lacs

Notes

  1. 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.
  2. 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.
  3. The rebate for early payments shall however be subject to change from time to time and is presently @ 11% per annum.
  4. 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.
  5. 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.
  6. 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.
  7. Stamp Duty & other charges shall be payable along with the last installment, as applicable.
  8. 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. .
  9. Prices indicated above are subject to revision from time to time at the sole discretion of the company.
  10. 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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