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EMAAR MGF PALM DRIVE, GURGAON
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EMAAR MGF PALM DRIVE, GURGAON
  

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Price

 

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 : -
* Rs. 5600/- 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:-
* Rs. 5000/- less * Rs. 400/- 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:-
* Rs. 5000/- 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:-
*
Rs. 5000/- 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)
    1.   Facing Swimming Pool Greens   - Rs. 400/-psf
    2.   Corner                                 - Rs. 100/- psf
    3.   Garden Court                        - Rs. 200/- psf
    4.   Fountain Court                      - Rs. 100/- psf
d) Interest Bearing Maintenance Security (IBMS)         - Rs. 100/- sq.ft.
e) Car Parking - Two mandatory                               - Rs. Three lakhs each

Payment Plan

Down Payment Rebate will be 10% on 95% of the Basic Sales Price.
Timely Payment Rebate is 5% on Basic Sales price subject to the remittance of all the installments on time when demanded.

On Booking 10 lakhs/ 20 lakhs
Within 30 days of booking 15% of sale price less booking amount
Within 60 days of booking 80% of sale price + 100% PLC if applicable + 100% cost of parking slot/s less down payment rebate
On Intimation for possession 5% of sale price + IBMS + stamp duty & registration charges

Installment - Payment plan

On booking 10 lakhs/ 20 lakhs
Within 30 days of booking 15% of sale price less booking amount
Within 60 days of booking 10% of sale price
On start of construction 10% of sale price
On completion of lower basement roof slab 5% of sale price
On completion of upper basement roof slab 5% of sale price + 50% of cost of parking slot
On completion of 2nd floor roof slab 5% of sale price + 50% of cost of parking slot
On completion of 4th floor roof slab 5% of sale price + 50% of PLC if applicable
On completion of 6th floor roof slab 5% of sale price + 50% of PLC if applicable
On completion of 8th floor roof slab 5% of sale price
On completion of 10th floor roof slab 5% of sale price
On completion of 12th floor roof slab 5% of sale price
On completion of 14th floor roof slab 5% of sale price
On completion of final roof slab 5% of sale price
On completion of flooring and wall painting 5% of sale price
On completion of occupation certificate 5% of sale price
On intimation of possession 5% of sale price + IBMS + stamp duty & registration charges

Notes:

  • Booking amount 10 lakhs for apartment in tower F, G, H, I, J, K, L, M, N and Rs. 20 lakhs in Tower A, B, C, D & E.
  • In the above stated sale price external development charges (EDC) and infrastructure development charges (IDC) is pro-rated per unit as applicable to this group housing site. IN case of any upward revision in future by the govt. agencies, the same would be recovered on pro-rata basis from the applicant/ allotte.
  • Down payment price shall be calculated taking rebate 10% rebate on 80% of basic price, which is subject to change without notice.
  • Interest bearing maintenance security (IBMS) Rs.100/- per sq. ft.
  • Stamp duty/ registration charges shall be payable along with the last installment based on prevailing rates.
  • Two Car parking bays for apartments & pent houses are mandatory.
  • Prices subject to revision at the sole discretion of the company.
  • PLCs - Penthouse/ top floor - 10%, GF-7.5%, Green Facing-Rs.100 psf, floor below penthouse/ top floor-7.5%.
  • Sale Price= (Basic Price + EDC + IDC) x Area of the apartment/ penthouse.

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