Emaar MGF Palm Hills, Gurgaon 
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Emaar MGF Palm Hills, Gurgaon
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Price


Updated On:18 Nov 2011

Project
Emaar MGF Palm Hills, Gurgaon

Developer
Emaar MGF Palm Hills, Gurgaon

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Emaar MGF Palm Hills, Gurgaon
Post Query
Price List

SCHEDULE OF PAYMENTS

PRICES
Basic Price 4250 psf
External Development Charges (EDC) Rs. 337/- per sq. ft.
Infrastructure Development Charges (IDC) Rs. 34/- per sq. ft.
Down Payment Rebate As applicable
Preferential Location Charges (PLC) (See note 6)
Parking - Covered (1 Mandatory for 3 BHK & 2 for 4 BHK) Rs. 2,00,000/- each
Parking (Open) Rs. 1,50,000/-
Club Membership (Mandatory) Rs. 50,000/-

DOWN PAYMENT PLAN with 12% rebate on 95% of Basic Price and PLC
On Booking Rs. 5 Lakhs
Within 45 days of Booking

95% of Sale Price (See note 7) less Booking Amount + 100% EDC, IDC & Cost of Parking Slot(s) + 100% Club Membership charges less Down Payment Rebate

On Intimation for Possession 5% of Sale Price + IFMS (See note 3) + Stamp Duty & Registration Charges (See note 4) + Govt. levies and charges (If any)

 

CONSTRUCTION LINKED PAYMENT PLAN

Linked Stages Payment

On Booking Rs. 5 Lakhs
With in 45 Days of Booking 15% of Sale Price less booking amount + 50% of EDC & IDC
Within 90 days of booking 10% of Sale Price
On start of construction 10% of Sale Price
On Completion of Ground Floor roof slab 10% of Sale Price + 50% of EDC & IDC
On Completion of 2nd floor roof slab 10% of Sale Price + 50% of Cost of Parking Slot
On Completion of 5th floor roof slab 10% of Sale Price
On Completion of Final roof slab 7.5% of Sale Price + 50% of Cost of Parking Slot
On completion of Brick work 7.5% of Sale Price
On completion of External Plaster 7.5% of Sale Price + 100% Club Membership charges
On completion of Internal tile flooring 7.5% of Sale Price
On intimation for possession 5% of Sale Price + IFMS + Stamp Duty & Registration Charges + Govt. levies and charges (If any)

Subvention Plan * - SCHEDULE OF PAYMENTS

Applicable on 4 Bedroom Apartments only

PRICES

Basic Price As applicable
External Development Charges (EDC) Rs. 337/- per sq. ft.
Infrastructure Development Charges (IDC) Rs. 34/- per sq. ft.
Down Payment Rebate As applicable
Preferential Location Charges (PLC) (See note 6)
Parking - Covered (1 Mandatory for 3 BHK & 2 for 4 BHK) Rs. 2,00,000/- each
Parking (Open) Rs. 1,50,000/-
Club Membership (Mandatory) Rs. 50,000/-

Subvention PAYMENT PLAN

Stage of construction Customer Contribution HDFC Disbursement
On Booking Rs. 5 lakhs –
With in 45 Days of Booking 15% of the Sale Price less booking amount + 50% of EDC & IDC –
With in 60 days of Booking 50% of EDC & IDC 10% of Sale Price
On Start of Construction - 15% of Sale Price
On Completion of 50% of structure - 15% of Sale Price + 100% cost of of Car parking Slot (s)
On Completion of Structure 20% of Sale Price -
On Completion of Brick Work 5% of Sale Price -
On Completion of External Plaster 7.5% of Sale Price + 100% Club Membership -
On Completion of Internal Tile Flooring 7.5% of Sale Price -
On Intimation of possession 5% of Sale Price + IFMS (See note 2) + Stamp Duty & Registeration Charges (See note 3) + Govt. levies and charges (if any) -
     

Emaar MGF to pay EMI till December 2011, subsequently to be paid by customer

Note:

1. External Development Charges (EDC) and Infrastructure Development Charges (IDC) are pro-rated per Unit as applicable to this Group Housing Colony. In case of any upward revision in future by the Govt. agencies, the same would be recovered on pro-rata basis from the Applicant/Allottee.

2. Down Payment Price shall be calculated taking 12% rebate on 95% of the Basic Price & PLC, which is subject to change without notice.

3. Interest Free Maintenance Security (IFMS) - As applicable.

4. Stamp Duty/Registration Charges shall be payable along with the last instalment based on the then prevailing rates.

5. 1 Car Parking bay for 3 Bedroom Unit and 2 Car Parking bays for 4 Bedroom Unit is mandatory.

6. PLC: Green Space - Rs. 300/225/150/- sq. ft., Corner - Rs. 100/- sq. ft., 1st Floor - Rs. 150/- sq. ft., 2nd Floor - Rs. 100/- sq. ft., 3rd Floor - Rs. 50/- sq. ft., One Unit to a floor - Rs. 225/- sq. ft., Terrace Usage Rights - Rs. 3 Lakhs (3 BR)/Rs. 5 Lakhs (4 BR)

7. Sale Price = (Basic Price + PLC) x Area of the Apartment.

8. Service tax as applicable would be payable by customer as per demand.

9. Prices subject to revision at the sole discretion of the Company.

 

• Payment to be made by Demand Draft(s)/Pay Order(s)/Banker’s Cheque(s) only drawn in favour of “EMAAR MGF Land Ltd. - A/c Palm Hills” payable at New Delhi.

• Payment towards EDC/IDC to be made by Demand Draft(s)/Pay Order(s)/Banker’s Cheque(s) only drawn in favour of “EMAAR MGF Land Ltd. - Palm Hills EDC/IDC A/c” payable at New Delhi

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