Approx. 600 sq. ft
Approx. 1200 sq. ft
Approx. 1500 sq. ft
Approx. 1450 sq. ft
Internal Green Areas
All of the above
Any space apart from your carpet area
Total area of the project minus the built up area
Area left after all the buildings are virtually stacked against each other
Total area minus amenities of the project
Plinth, excavation, basement, foundation, superstructure
Excavation, foundation, basement, Plinth, superstructure
Foundation, Plinth, Excavation, Basement, superstructure
Excavation, basement, foundation, Plinth, superstructure
Projects with lowest sq. ft rate
Projects with high resale value
Projects with maximum open space
Legal document which lists all terms and conditions pertaining to the purchase of undivided share (UDS) of land.
Legal document which lists all terms and conditions pertaining to the sale of undivided share (UDS) of land as well as Construction agreement.
Tri party agreement which lists all terms and conditions pertaining to the sale and loan of undivided share (UDS) of land as well as Construction agreement including bank loan details
The price point of the property is usually less
One has a wide range of inventory to choose from
Customer does not have to pay additional charges which would be applicable otherwise, such as, Floor Rise charges, preferred location charges, etc.
Pre EMI Holiday
20-80 subvention plan
Construction linked plan
None of the above
Base Price per sq ft. x Saleable area
Car Par Charges
Floor Rise / Preferred location charges
12, 18 or 24 month maintenance charges
Government charges – Stamp duty & Registration charges.
It is the extra time of 12/24 months that the customer gets in order to pay the Pre-EMI
All the verification process conducted by the bank prior to the payment of Pre-EMI is waived off if the customer is pre-approved
The interest payment due on the disbursed loan prior to possession is the Pre-EMI. Since this payment is made by developer on behalf of the customer, the customer gets a Pre-EMI holiday
It is a holiday package that a customer can avail if he/she agrees to pay all Pre-EMIs on time
Presence of Occupancy certificate
Choice of inventory
Airport Authority and Environmental Authority Clearance
The land is legally owned by the developer and/or its partners
The land is free of obstruction
The commencement certificate has been obtained
It is not disputed - No other party has any claim on the proposed land
Developer has all rights to use the land for residential construction purpose
Reduction in down payment (For e.g. - 10 : 80 : 10, 7.5 : 85 : 7.5)
Reduced loan tenure
Assure the customer that Housing’s internal due-diligence team has conducted checks and all paperwork is in place so the customer should go ahead with buying the property
Let the customer know that the Occupancy certificate for the project is in place and therefore the customer can occupy the apartment. Encourage the customer to schedule a site visit so she can directly interact with the developer who will be happy to address any concerns.
Housing takes guarantee for legal paperwork of all projects that are available on its platform. Assure the customer that they can approach housing in case there are any issues after purchasing the apartment.
Do not pitch this project. Instead keep customer records for future projects.
20:80 as the customer needs to pay only 20% upfront. The Pre-Emi will take care of monthly payments for more than a year. The scheme works like a charm for this customer. Urge the customer to visit the site and avail this offer.
Since the subvention scheme will not provide any benefit to the customer, urge the customer to go for the apartment without the subvention scheme
Request the customer to talk to the developer who may reduce the overall price and down payment, since the customers financial situation is not healthy. Alternatively they can talk to the bank as they usually give lower interest rates for such customers.
10:80:10 as the customer needs to pay only 10% upfront. This will give her some time to arrange for the remaining 10%, the Pre-Emi will take care of monthly payments for more than a year. The scheme works like a charm for this customer. Urge the customer to visit the site and avail this offer.
Here's an interesting quiz for you.