According to the Real Estate (Regulation and Development) Act, 2016 (RERA), carpet area is defined as ‘the net usable floor area of an apartment, excluding the area covered by the external walls, areas under services shafts, exclusive balcony or verandah area and exclusive open terrace area, but includes the area covered by the internal partition walls of the apartment’.
Super Built-up Area is the built up area plus proportionate area of common areas such as the lobby, lifts shaft, stairs, etc.
Built up Area is the actual used area of an apartment, it comprises of carpet area plus the thickness of outer walls and the balcony.
Agreement for sale contains the terms and conditions of sale of a property agreed upon by the parties, and bind them. An agreement to sell is the document basis which a conveyance deed is drafted.
Total Consideration means the amount amongst others payable for the said unit and the properties appurtenant thereto but does not include other amounts, stamp duty, registration fees, municipality tax and any other charges/tax/cess/levies etc levied by any authority that may be payable by purchasers.
A certain percentage of total Consideration amount as mentioned in the sale agreement shall be treated by the seller as Earnest Money, which shall be liable to be forfeited by the seller in the event of breach of any of the terms and conditions herein contained by the Purchasers.
Common parts and portion shall mean such area, parts and portions and facilities of the building available for use and enjoyment of all the Flat Owners and/or occupiers.
It is clarified that the Completion Date as specified in this Agreement is the maximum time which may be taken, subject to prevention on account of Force Majeure Events, for the completion of construction and the issuance of Offer of Possession Letter to the Purchasers.
The maintenance period will start from the date the builder offers possession to the customer and all mentioned basic amenities are handed over to the society.
The possession letter is issued by the developer in favour of the buyer stating the date of possession of the property.
Deed of conveyance is a document that a seller issues to the buyer, thereby transferring the ownership of the property. The execution of the document takes places after construction is complete and all the different terms and conditions present in the sale agreements are fulfilled.
The norms, rules and regulations which has to be adhered by the all the buyers for maintenance of the Common areas including the club in the Project.
Registration will be done only on completion of each phase and on payment of the entire sale consideration including the deposits. Registration will be facilitated by us through a legal consultant appointed by the developer.
Market value means the fair price declared by government at which a property could be bought in the open market on the date of execution of such instrument. The Stamp Duty is payable on the agreement value of the property or the market value whichever is higher.
Charges and expenses incurred towards procuring transformer, sub-station, electricity connection HT/LT and laying of cables for the building complex.
Legal/Documentation and professional charge incurred for preparation of Agreement for sale and the Deed of conveyance and/or transfer deed in respect of the said Flat/Unit including all other deeds, documents and instruments as may be necessary and/or required.
Generator connection charge is taken to provide power backup in the individual units (applicable only for Flats).
Maintenance charge shall include the proportionate share of charges/expenses in maintaining all the facilities and amenities comprising the general common elements irrespective of use/availability. For Flat it is Rs.1/sq.ft and for bungalow/Villa it is Rs.50 Paisa/sq.ft.
Deposit provided by the buyers for maintenance and upkeep of the Club in the Project.
Goods and Services Tax (GST) is an indirect tax which was introduced in India on 1 July 2017 and is applicable throughout India which replaced multiple cascading taxes levied by the central and state governments earlier. Under GST, goods and services are taxed at the following rates, 0%, 5%, 12%, 18% and 28%. The effective GST rate on under- construction real estate projects will be 12% after one third abatement for land cost on 18%. However, GST would not be applicable on the units sold after availing completion certificate.
OUR ALL PRICE ARE INCLIDING GST (Applicable for Flat and bungalow both). .
The possession letter is issued by the developer in favour of the buyer stating the date of possession of the property.
Buyer or Purchaser of the property is not required to procure Tax Deduction Account Number (TAN). The Buyer is required to quote his or her PAN and sellers PAN.
PAN of the seller is mandatory. The same may be acquired from the Seller before effecting the transaction.
Property is considered a capital asset and Capital Gains Tax is levied on the gains arising from the sale of property. Such gains are calculated after adjusting the inflation rate, transfer and renovation charges.
If the house is held for less than three years prior to its sale, it is termed as a short-term capital asset and any gain arising from the sale is treated as a short-term Capital Gain. There are no tax exemptions for short-term Capital Gains and one needs to pay it according to the applicable tax slab. However, if the property is sold after holding it for more than three years, it is treated as a long-term capital asset and the gain arising from it is called the long-term Capital Gain. Such gains attract a flat exemption rate of 20%.
There are a few exemptions available for long term Capital Gains, if you: Buy or construct a new house: If you build a new house or buy one from the money you receive from selling a property, you are exempted from paying the tax on Capital Gains. However, the new purchase should be done either one year before or within two years of sale and the construction should be completed within three years from the date of transfer. The new property bought or constructed should not be sold within three years from the date of its purchase or date of completion of construction. Capital Gain Account Scheme: Through the Capital Gain Account Scheme (CGAS), you can save the received money in designated banks. CGAS helps you in buying time to look for suitable investments as it serves to inform the Income Tax department that you plan to invest the money received; but at a later date.
In a volume project, customization leads to delays and can significantly compromise on the overall project execution and delivery schedule. Therefore no customization is permitted in this project.
Yes, we can convert the rate to carpet area as well. Most of our buyers find it convenient to understand the rate in SBU area to draw comparison with other projects. For the purpose of documentation, we would mention the total consideration along with the carpet area and the super built up area based on the choice of your flat.
The Applicant/Intending Allottee cannot transfer the registration, application or allotment in favour of a third party during the lock-in period as notified for the project in the application form. Thereafter if the buyer wishes to transfer the apartment before taking the possession, he/she may do so unless approved by the Company, who may at its sole discretion permit the same on payment of transfer/nomination charges as notified in the application.
Yes, this request can be accommodated subject to availability and it is completely at the discretion of the developer. Such changes are subject to prevalent rates and any differential in pricing being payable as the case may be. Customers availing home finance need to consult such arrangements with their banker post approval from the developer.
You can Transfer your apartment to any intending purchaser by entering into a nomination agreement before registration by giving a request letter and paying the nomination charges. However the presence of all previous buyers for the said unit would be mandatory during registration and incorporation of conveyance deed.
If at any point of time you decide to cancel your application after agreement, then the seller shall be entitled to forfeit the Earnest Money Deposit and refund the balance amount as per the timeline mentioned in the sale agreement. If any interest towards payment delay has accrued then the same would be deducted while arriving at the refund amount.
Yes, you can execute Special Power Of Attorney to get your property registered by someone else.
You will have to enter into an Agreement for sale and upon the completion of project construction & offer of possession and subsequent clearance of dues we will do the registration and enter into deed of conveyance.
Property can be bought and owned jointly by more than one person. There are some legal and financial implications in such a case that needs to be taken care of so as to avoid disputes. One of the most common reasons for owning property jointly is finance. People pool in funds to buy a property. A common example of this is purchase of property by husband and wife. By clubbing their incomes, they are also eligible for a higher loan amount. Couple having separate sources of income may pool in their resources to buy a home. Personal name can be combined with company name as well for purchase of property.
Customers are encouraged to book their selected units in the project with us directly or via our empanelled channel partners. To proceed with your application, please share the following documents:- Duly filled & signed Application form by the applicant(s). Application money as a Cheque (payable at Kolkata), favoring in the company name. Payment Schedule duly signed by the applicant(s). For NRI’s the cheque should be from NRE/NRO a/c or should be a direct money transfer from his/her overseas a/c into our account in Kolkata. (Please share transaction/payment details over email to verify and confirm such applications which can take up to 72 working hours). Color Passport size photograph of each applicant. Self attested copy of the PAN card/Form 60 of each applicant (for Resident Indian). Self attested copy of Passport (for NRI’s). For NRI’s, the PIO/OCI card copy is also needed. Self attested copy of MOA/AOA & duly attested copy of the board resolution (in case of companies). Self attested copy of any address proof namely Voter’s ID/Aadhaar card/Driving License/Passport.
While buying a property you always need to check on the approved layout plan, ownership related documents, approved building plan etc. You may also like to do a title and document search through the professional services of a competent advocate.
Pricing is a function of location, product, amenities, brand and the commitment it is known to have delivered. We would request you to kindly allow us to fix your appointment with one of our sales associates, who would give you an in-depth knowledge about the product and its pricing and how it is the best value for your money.
As a company policy, we do not speculate on future pricing. It is governed by market factors. However, our projects have in the past performed well even against market adversities and investors continue to invest with us.
Our Price are fix.
Price is a market phenomenon and cannot be generally guaranteed however we strive to add value to your investment and historically have been instrumental in helping our investors grow their asset value with higher appreciation than the market trends.
CBSE
8.30 am to 11.40 am for pre primary
8. 30 am to 2.20 pm for Class 1 upwards
Yes
Ours is an English medium school. All staff members speak fluent English.
Provided on request
Yes, all faculty are trained and undergo 80 hours of annual refresher training.
We have suitable transportation which is managed by an experienced transport department.
We have state of the art Science/ Math’s / Computer and English labs.
Our school is child safe and great care is taken by our highly efficient and responsible team of
nannies and care givers to ensure that every child is cared for at all times.
We strictly follow the guidelines laid out by the NEP 2020 which targets inculcating 21st century
skills recognized and advocated globally.
We also provide international Olympiads and foreign languages.
Yes, ours is a digital campus and technology enabled curriculum.
Definitely.
We have provision for indoor as well as outdoor games.
DPIS-C has an extensive and impressive list of extracurricular activities ranging from the regular ones such as art, music, dance along with specialized fine arts such as ballet, theater, eastern and western music classes, opera training, abacus, aerobics, karate etc.
We have the State NOC and are in the process of acquiring affiliation.
Our leadership team along with every staff member are in sync and single-minded in the school management’s mission to provide an atmosphere of joy in learning! As such, multiple choices are offered to children to choose their own path of learning in the best way they can. We develop the unique potential of each child by gently drawing upon her / his hidden talents and working upon those to build a confident and happy personality!!
