Shriram Poem Payment Plan
Shriram Poem Payment Plan gives a comprehensive breakdown of all the costs, making it easy to understand the payment process. It includes details like the price based on the type of apartment, its size, floor level, GST, booking amount, agreement amount, and the instalment schedule.
Payment Plan helps to get a clear picture of how the payments are structured. Additionally, it outlines any extra charges and provides essential guidelines for payment to ensure clarity. As part of the prelaunch offers, you can enjoy unique benefits that enhance the overall value of your investment. These prelaunch advantages give you a head start in your real estate journey, making your decision to invest in Shriram Poem even more rewarding.
Shriram Poem is a world-class project. Its payment plan is made to cater to the different needs of different people. The process and timings are flexible.
The first payment marks the initiation of the payment schedule. It starts with a nominal booking amount, allowing people to secure their favourite apartment with a bare minimum advance commitment.
Buyers can pay small instalments as the project progresses. The payments are planned in a specific time interval, reducing buyers' stress. Small and consistent payments also signify the constant progress of the project's construction.
Steps of the Shriram Poem Payment Plan
- The entire payment plan is made with the general guidelines of RERA, applicable for projects under construction. The whole payment schedule comprises these steps:
- The homeowner must pay 10% of the total cost when booking an apartment. GST will be applicable here.
- On the allotment date, the buyer has to pay another 10%+GST.
- Only 4% of the next instalments must be paid within a grace period of 1-2 months until they reach 75% of your base plan. These installments will continue to appear every few months.
- The buyer can pay 20 instalments for their apartment before the possession date approaches.
- Payment for the completed work up to the foundation level is required in the amount of 15%.
- After completing each stage, the buyer must pay 1%.
- 5% is due when the painting, plumbing, and plastering are finished.
- The remaining amount must be paid on the date of possession when having the keys.
Shriram Poem Payment Plan offers a convenient schedule and allows buyers to pay cash in simple instalments without any burden. Overall, the payment plan brings transparency and trust between both parties. It lets buyers have a nice home-buying experience. If you have any queries regarding the payment plan, please contact us.
