EmaarMGF now introduces a special finance scheme for "The Palm Drive" residential project, in Sector-66, Gurgaon.
Under the special arrangement with HDFC the buyer is not required to pay any EMI till December 2011 (i.e. approx. 21 months of interest free finance).
The details on the same are mentioned below for your kind reference.
(1) Booking Amount = 20%
(2) Bank Finance = 75%
(3) On possession = 5%
The break up price of the Towers in "The Palm Drive", Gurgaon is as follows: -
Towers from Block A to Block E are known as "Sky Terraces", (Iconic towers with Glass Facade/ 2 apartments per floor each condominium with an exclusive elevator)
1. Area in square feet of the Apartments : (Three Bedrooms - 3150, 3175), (Four Bedrooms - 3600 & 3625).
2. The Rate per square feet : - * As Applicable plus PLC and other charges As Applicable.
3. Booking Amount - 20 Lakhs (INR).
Towers from Block F to Block N are known as " Premium Terraces" :-
1. Area in square feet of the Apartments - THREE BEDROOM : 1900, 1950 & 2125.
2. Rate per square feet:- *As Applicable plus PLC and other charges As Applicable.
3. Booking Amount - 10 Lakhs (INR).
1. Area in square feet of Apartment - FOUR BEDROOM : 2625.
2. Rate per square feet:- * As Applicable plus PLC and other charges As Applicable.
3. Booking Amount - 10 Lakhs (INR).
1. Area in square feet - Duplex - Penthouses (16th and 17th Floors)- 3575, 3650 & 4000
2. Rate per square feet:- * As Applicable plus PLC and other charges As Applicable.
3. Booking Amount - 20 Lakhs (INR).
The Other applicable charges are mentioned below. Also the Payment Schedule is attached for your reference:-
a) External Development Charges ( EDC) - Rs. 137/- sq.ft.
b) Infrastructure Development Charges (IDC) - Rs. 33.20/- sq.ft.
c) Preferential Location Charges (PLC) - Rs. 100/- sq.ft. (as applicable)
d) Interest Bearing Maintenance Security (IBMS) - Rs. 100/- sq.ft.
e) Car Parking - Two mandatory - Rs. Three lakhs each
