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The Palms Springs
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Emaar MGF: The Palms Springs
Announcing an ultra-luxury project of approx 2850
sq.ft, 3625 sq.ft, 4350 sq.ft apartments, town houses,
penthouses and villas on the Golf Course Road,
opposite Parsvnath EXOTICA towards the golf course
side of the road. Being developed by a major
international builder EMAAR - MGF, apartments are fully
loaded, and meet world-class standards. The Project is
in about 20 Acres of land.
Description:
The Palm Springs has integrated
both apartment style living with a large numbers of
villa’s in their new 19 acre project in Gurgaon.
Integrated community living has become exactly that –
with 300 luxury apartments and over 100-luxury villa’s
to be built. The tendency with many Gurgaon
projects has been to build high and add luxury homes
to the periphery. The Palm Spring has
maintained more of a balance and emphasised the
importance of bungalows as well
*
100% power back up * High quality
electrical wiring and modular switches * Air conditioning
with provisions for billing through regular meters * Treated water
supply * Provisions of
LPG Gas pipelines * Fire detection /
sprinkler system * Premiere
security * Burglar alarm
system * Smart card
access for residents * CCTV in basement
and main entrance lobby for surveillance * Dedicated
intercom linking each residence to the main gate * Optical fibre
network * Provisions for
cable TV * Spa facility
with lounge, treatment rooms, sauna and steam, shower
and washrooms * Health club
facility with fully equipped gym – fitted with cable
TV’s, Jacuzzi’s, and separate dance and aerobics
studios * Sports
facilities with tennis courts, swimming pool and baby
splash area * Club with
lounge, billiards room, cards room, cigar lounge,
multi purpose hall / function lounge with bar and
multi cuisine restaurant * Mini club
Cineplex * Kids play areas * Grand entrance
lobbies for each towers with high speed elevators * Spacious living
areas * Walk in closets
in all bedrooms
Payment Plan
Apartments & Penthouse
Prices
Basic
Price
Inaugural
Discount
External
Development Charges (EDC)
Rs.
85/- per sq.ft
Infrastructure
Devlopment Charges (IDC)
Rs.
56/- per sq.ft
Down
Payment Rebate
8%
(on Basic Price Only)
Preferential
Location Charges (PLC)
As
applicable
Covered
Parking (Per Bay)
Rs.3,00,000/-
per bay
DOWN
PAYMENT PLAN (With 8% Rebate)
On
Booking
Amount
as Applicable
Within
30 Days of Booking
15%
of Sale Price minus Booking Amount
Within
60 Days of Booking
80%
of Sale Price + 100% of PCL if applicable + 100% Cost of
Parking Slot/s
On
Intimation of Possession
5%
of Sale Price + IBMS (See note 4) + Stamp Duty &
Registration Charges (See note 5)
INSTALLMENT
-PAYMENT PLAN
S.No.
Linked
Stages
Payment
1.
On
booking
As
Applicable
2.
Within
30 Days of booking
15%
of Sale Price minus Booking Amount
3.
Within
60 Days of booking
10%
of Sale Price
4.
On
Start of Construction
10%
of Sale Price
5.
On
Completion of Lower basement Roof Slab
5%
of Sale Price
6.
On
Completion of Upper basement Roof Slab
5%
of Sale Price + 50% of Cost ofParking Slot
7.
On
Completion of 2nd floor Roof Slab
5%
of Sale Price + 50% of Cost ofParking Slot
8.
On
Completion of 4th floor Roof Slab
5%
of Sale Price + 50% of PCL if Applicable
9.
On
Completion of 6th floor Roof Slab
5%
of Sale Price + 50% of PCL if Applicable
10.
On
Completion of 8th floor Roof Slab
5%
of Sale Price
11.
On
Completion of 10th floor Roof Slab
5%
of Sale Price
12.
On
Completion of 12th floor Roof Slab
5%
of Sale Price
13.
On
Completion of 14th floor Roof Slab
5%
of Sale Price
14.
On
Completion of Final Roof Slab
5
% of sale price
15.
On
Completion of Flooring and Wall Painting
5
% of sale price
16.
On
Receipt of Occupation Certificate
5
% of sale price
17.
On
Intimation of Possession
5%
of Sale Price + IBMS (See note 4) + Stamp Duty &
Registration Charges (See note 5)
Notes:
Booking
amount 20 Lac for 3 Bedroom, 25 Lac for 4 Bedroom, 30 Lac
for 5 Bedroom, 40 Lac for Penthouses.
In the above
state 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 the 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 @ 8%, which is
subjected to change without notice.
Interest
Bearing Maintenance Security (IBMS) 100/- per sq.ft.
Stamp
Duty/registration charges shall be payable along with the
last installment based on prevailing rates.
2 car
parking bays for 3 Bedroom Apartments and 3 minimum car
parking bays for 4 / 5 Bedroom Apartments & pent-Houses
are mandatory .
Prices
subject to revision at the sole direction of the company.
5%
of Sale Price + IBMS (See note 3) + Stamp Duty &
Registration Charges (See note 4)
INSTALLMENT
-PAYMENT PLAN
On
booking
On
booking
As
Applicable
Within
30 Days of Booking
15%
of Sale Price minus Booking Amount
Within
3 Months of Booking
10%
of Sale Price
Within
6 Months of Booking
10%
of Sale Price
Within
9 Months of Booking
10%
of Sale Price
Within
12 Months of Booking
10%
of Sale Price
Within
15 Months of Booking
10%
of Sale Price
Within
18 Months of Booking
10%
of Sale Price
Within
21 Months of Booking
10%
of Sale Price
Within
24 Months of Booking
10%
of Sale Price
On
Intimation For Possession
5%
of Sale Price + IBMS (See note 3) + Stamp Duty &
Registration Charges (See note 4)
Notes:
In the above
state 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 the future by the Govt. agencies, the
same would be recovered on pro-rata basis from the
Applicant/Allottee.
Down payment
price shall be calculated taking rebate @ 8%, which is
subjected to change without notice.
Interest
Bearing Maintenance Security (IBMS) 100/- per sq.ft.
Stamp
Duty/registration charges shall be payable along with the
last installment based on prevailing rates.
Prices
subject to revision at the sole direction of the company.
Enquiry
Form
Emaar MGF Emaar MGF Land Private Limited is a joint venture between
Emaar Properties PJSC of Dubai, one of the world’s largest real estate company, and
MGF Developments Limited in India. This partnership promises to usher in a real estate revolution in India with the development of world class townships across the country.
Emaar MGF is all set to build the India of 21st century through many world class projects across residential, commercial and hospitality sectors.
These new age townships will include residential plots, town houses and villas and will be supported by civic amenities including landscaped gardens, shopping complexes and recreational centers. These self sustained communities will also house schools, colleges and hospitals. In additions, there will be provision for commercial hubs that will include international standard offices and IT spaces which will provide an impetus to business and industry.
The town ships will be designed and constructed by architects and contractors of international standing supported by various experts in the fields of planning, construction, transportation, utility, environment and other infrastructural amenities.
