Prestige Golfshire - FAQ's
What happens thereafter?
Based on your application and priority you will be offered the Mansions available. On confirmation of the Mansion of your choice you will be required to make the necessary initial payments along with the post-dated cheques.
What is the payment required to be made?
An initial token payment for Rs.50,00,000/- and post dated cheques for 25% of the sale value are required to be made. Post-dated cheques for the balance 75% of the sale value have to be handed over within 30 days from the date of allotment.
How are the installments to be paid? Is it time-bound?
Installments are to be paid by way of post-dated cheques which is a pre-condition of the allotment. The schedule of the payment is determined at the time of the sale. The payment is not linked to the progress of the construction but on a time-bound basis wherein the delivery date has already been established.
Will there be validity for the price list?
The price list will be subject to change from time to time.
What are the other additional amounts to be paid?
Registration charges, external development charges, generator charges, maintenance corpus & monthly maintenance charges, khatha, property taxes and any other taxes as applicable are payable at the time of possession based on the then prevailing guidelines.
What happens If I cancel my booking?
Why would anybody want to lose on a one time opportunity of owning a dream Golf Mansion home? However, bookings cancelled will attract a cancellation charge of 1% of the total sale value of the Mansion booked.
What is the type of documentation to be executed?
A composite agreement for sale of land and construction will be executed once the initial payments and post-dated cheques are handed over as per the payment schedule. On completion of the project a Sale Deed will be executed in favour of the Purchaser at the time of Registration.
Can I sell my property after I make my first payment?
Transfers are at the sole discretion of Prestige, and subject to payment of the Transfer Fee and compliance with the Terms & Conditions.
Have all the approvals been obtained?
Yes. All approvals have been obtained.
Is the title of the property clear?
Yes, the land is freehold, marketable and free from all encumbrances.
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This information is conceptual and not a legal offering. The promoter reserves the right to change, alter, add or delete any of the specifications mentioned herein without prior permission or notice.
