Sumangalam Propmart Pvt. Ltd.

 
   
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Payment plan

 
Down Payment Plan(10% Discount)
Sr No. Payment Stages Basic % Other Charges %
1. At the time of Booking 10%  
2. Within 30 days of Booking 90% + 100% Of One Time Lease Rent & Car Parking
3. At the time Possession 100%OF OTHER ADDITIONAL CHARGES, EEC, FFC, IFMS, CLUB MEMBERSHIP, POWER BACKUP  

Construction Link Payment Plan
Sr. No. Payment Stages Basic % Other Charges %
1 At the time of booking 10%  
2 Within 30 days from Booking 10% + 100% of One Time Lease Rent
3 On start of Excavation 10%  
4 On Completion of Ground floor slab 10% + 25% of Car Parking
5 On Completion of 2nd floor slab 7.50%
6 On Completion of 6th floor slab 7.50% + 25% of Car Parking
7 On Completion of 10th floor slab 7.50%
8 On Completion of 14th floor slab 7.50% + 25% of Car Parking
9 On Completion of 18th floor slab 7.50%
10 On Completion of Top floor slab 7.50% + 25% of Car Parking
11 On Completion of Brick work 5%
12 On Completion of Electrical Conducting 5%
13 At the time of possesion 5%+ 100% of EEC, FFC, IFMS, CLUB MEMBERSHIP, POWER BACKUP


Flexi Payment Plan (4 % Discount) (Self Funding Scheme)
Sr. No. Payment Stages Basic % Other Charges %
1. At the time of Booking 10 %  
2. Within 30 days of Booking 40 %
+100 % of time one lease rent
3. On start of excivation 10 % +25 % of car parking
4. On completion of Ground floor slab + 25 % of car parking 10 % +25 % of car parking
5. On completion of Second floor slab + 25 % of car parking 10 % +25 % of car parking
6. On completion of Sixth floor slab + 25 % of car parking 5 % +25 % of car parking
7. On completion of Nibth floor slab 5 %  
8. On completion of Tenth floor slab 5 %  
9. At the time of possession 5 % +100 % of EEC, FFC, IFMS, Club Membership, Power Backup

Notes:
A. Prices at which units will be booked will remain firm.
B.Any additional facility that may be provided shall be charged extra.
C. Prices & payment plans can be revised at the sole discretion of the company & without prior notice.
D. Please read the detailed terms & conditions in the allotment agreement.
E. For Car Parking the price prevailing on the date of booking of the bay will be applicable.
F. Variations in the final layout and floor plans can be effected without any claim from the allottee.
G. One Parking compulsory. Any allottee opting for 2 parkings will be allotted twin type parking.
H.Units having lawn & terrace areas would be charged extra @ Rs.1200/- per sqft.
I. The area mentioned above may vary and the same shall be adjusted at rate prevalent on the date of booking. For variation beyond + 10%, the allottee shall have an option to cancel and take full refund.
J. The above installment shall be payable on demand irrespective of the order in which they are listed.
K. Monthly Maintenance Charges will be intimated later.12 month's maintenance charges shall be payable in advance and 24 months PDC's (starting from 13th to 36th month)
L. All discounts in Down Payment Plan would be adjusted at the time of the payment of the second installment .
M. Service Tax / Any other Taxes as applicable shall be payable in addition to the above mentioned as and when they occur.