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Emaar Palm Terraces ChennaiEmaar Palm Terraces

Emaar Palm Terraces Select SCHEDULE OF PAYMENTS PRICES

Basic Price As applicable
External Development Charges (EDC) Rs. 368/- per sq. ft
Infrastructural Development Charges (IDC) Rs. 34/- per sq. ft
Down Payment Rebate As applicable
Preferential Location Charges (PLC) (see note 5)
Parking - 2 Covered Rs. 700000/- (Upper Basement)
Parking - 2 Covered Rs. 600000/- (Lower Basement)
Club Membership (Mandatory) Rs. 100000/-
On Time Payment Rebate 5% of BSP (Subject to Eligibility).


Construction Linked Payment Plan

Linked Stages Payment
On Booking Rs. 10 Lakhs
Within 45 days from the date of execution of Booking 15% of Sale Price less Booking Amount + 50% of EDC & IDC
With in 90 days of Booking 7.5% of Sale Price + 50% of EDC & IDC
On start of Excavation 7.5% of Sale Price
On start of Concreting 7.5% of Sale Price
On casting First Basement roof slab 5% of the Sale Price + 50% of Car Parking slot
On casting Ground Floor roof slab 5% of the Sale Price + 50% of Car Parking slot
On casting Third Floor roof slab 7.5% of the Sale Price
On casting Sixth Floor roof slab 7.5% of the Sale Price
On casting Ninth Floor roof slab 7.5% of the Sale Price
On casting Final roof slab 7.5% of the Sale Price + 100% of Club Membership
On completion of Brick work 7.5% of Sale Price
On completion of External Plaster 5% of Sale Price
On laying Internal marble flooring 5% of Sale Price
On offer of Possession 5% of Sale Price + IBMS +Stamp Duty & Registration Charges
+ Govt. levies and charges (if any)

Down Payment Plan

On Booking Rs. 10 Lakhs
Within 45 days from the date of execution of Booking 95% of Sale Price (see note 6) less Booking Amount
+ 100% of EDC & IDC & Cost of Parking Slot(s)
+ Club Membership less Down Payment Rebate.
On Intimation of Possession 5% of Sale Price + IBMS (see note 3) + Stamp Duty & Registration

Subvention Plan

Basic Price As applicable
External Development Charges (EDC) Rs. 368/- per sq. ft
Infrastructural Development Charges (IDC) Rs. 34/- per sq. ft
Preferential Location Charges (PLC) (see note 5)
Parking - 2 Covered Rs. 700000/- (Upper Basement)
Parking - 2 Covered Rs. 600000/- (Lower Basement)
Club Membership (Mandatory) Rs. 100000/-

Subvention Payment Plan

Linked Sta ges Customer Contribution Ban k Disbursement
On Booking Rs. 10 Lakhs -
Within 45 days from the date of
execution of Booking
15% of Sale Price less Booking Amount -
With in 90 days of Booking 100 % of EDC & IDC 10% of Sale Price
On start of Construction (Excavation) - 30% of Sale Price
+ 100 % of Cost of Parking Slot(s)
On completion of Sixth floor roof slab - 20% of the Sale Price
On completion of Final roof slab - 20% of the Sale Price
+ 100% of Club Membership
On offer of Possession 5% of Sale Price + IBMS
+ Stamp Duty & Registration Charges
+ Govt. levies and Charges (if any)

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