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What is the difference between carpet area, built-up and super built-up area?
The area of an apartment or building, Not inclusive of the area of the walls, is known as carpet area. This is the area that is actually used for living and in which a carpet can be laid.
The area of an apartment or building, Inclusive of the area of the walls and projections, is known as built up area.
The area of an apartment or building, Inclusive of the area of the walls, balconies and utility areas, is known as Super built up area. -
When there are apartments of different sizes in a complex, how is the maintenance charge calculated?
Legally, the actual area owned by the individual is the basis for calculation of maintenance charge.
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What is EMI?
Equated Monthly Installment (EMI) is the amount comprising a portion of the interest and the principal loan amount which is payable by a borrower to the lender every month.
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Can customization of our apartment be facilitated?
Yes, but subject to technical feasibility, without any alterations on the exteriors and the building structure.
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Are your projects clear?
Yes, We launch projects on land with clear titles and clearances from all concerned statutory authorities
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Are the terms of payment linked to progress?
Yes, payments are linked to the progress of the project.
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Are prices quoted and finalized, subject to escalation?
Once the initial booking amount is paid, the price remains constant.
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What is the maximum amount of loan that can be availed from banks?
Generally, a maximum of 80% of the total cost i.e. including car park, registration and other costs.
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Will you be able to help us in getting a Home Loan?
Yes, many MNC Banks, public sector banks and housing finance institutions, approve our projects. You can choose the one that is best suited to you and we will help in the formalities.