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Payment Plan

Payment Plan
Size Booking Amount  
At the time of EOI At the time of allotment
560 35,000 40,000 Total of amount deposited at the time of submitting Expression Of Interest (EOI) and amount deposited at the time of allotment will be treated as Booking Amount
615 45,000 50,000
665 55,000 60,000
815 65,000 70,000
935 75,000 80,000
995 1,00,000 1,00,000

Installment Plan “A” (financed by approved financial institution); builder will have special facilitation from designated institution to provide finance to customers who will have required credit value

Total booking amount to be paid at the time of allotment Within 30 months of allotment At the time of possession
According to the plan approved by financial institution builder will remit payment at different level of construction All remaining dues

Installment Plan “B” (self funding) or funded by a financial institution those who haven’t pre-approved Landcraft Metro Homes

Total booking amount to be paid at the time of allotment Within 30 months of allotment At the time of possession
Balance amount in 15 equal bi-monthly installment spread over 30 months from the date of allotment All remaining dues

Down Payment Plan “C” [No Down Payment Discount is available under this payment option, but to encourage this plan builder will be offering modular kitchen (Basic Standard) with each unit]

Total booking amount to be paid at the time of allotment Within 60 days of allotment At the time of possession
90% of balance amount All remaining dues

At the time of E.O.I.: amount deposited along with Expression of Interest will be part of the final cost and if applicant gets his unit allotted, the same will be added into total payment made by him/her

At the time of Allotment: applicant will have to pay required amount at the time of his/her allotment to confirm the same. And the amount paid at the time of submitting EOI and at the time of allotment will be treated as booking amount and terms and condition of builder-buyer agreement will be applied on payment plan and booking terms.

Balance Amount: after deducting booking amount from the cost of the unit, remaining amount will be treated as total balance amount and the same will be paid by the customer

All remaining Dues; all remaining payment after adding in case customer fail to pay his/her dues on-time interest of the same, and deducting penalty in-case builder delay the project from given deadline.

Credit Value: credit limit decided by a financial institution for the purpose of providing any kind of loan

Note: -

  • a) Service tax to be paid by customer as applicable at the time of payment.
  • b) Prices are subject to change without any prior notice at the sole discretion of company.
  • c) Timely payment of installments is the essence of agreement.
  • d) All building plans, layout specifications are subject to change and modification as decided by the company, architect or any other competent authority.
  • e) Maintenance will be charged as per RWA Norms

Payment plan may vary at the time of allotment. Depends on approvals from Bank and financial institutions associated with landcraft metro homes.