Health Club facility with fully equipped unisex gym with cable TV’s
Jacuzzi, Dance & Aerobics studio
Sports facility with Tennis court
2 swimming pool with baby splash and changing area
Club with lounge and Billiards/Pool room
Multipurpose hall/Function lounge
Multi-cuisine restaurant
Kids play area
100% power backup and treated water supply
Sand Pit and party area & mini club Cineplex
Book your apartment in Palm Terraces at The Palm Drive in few easy steps below.
1) Identify your apartment out of the availability.
2) Booking 10 Lack amount Cheque in the name of ‘Emaar MGF Land Ltd'.
3) Receive booking confirmation, Receipts from Emaar.
4) Any queries, contact Investinnest customer support in your respective country at numbers mentioned below.
Down Payment Plan(with 12% rebate of 95% BSP)
On Booking as applicable ....Read More
Surrender completely to the natural beauty. Surround yourself with the acres of refreshing greens. Experience what clean healthy living should be at EmaarMGF Palm Terrace, Low Rise luxury and High Rise residences at The Palm Drive. Walk into you home and experience a great sense of space. Enjoy the feeling of Luxury, quality and workmanship. And prepare to be welcomed by green as you step out.
Palm Terrace promises to offer a lifestyle currently limited to only the finest address of south delhi and central delhi.
Emaar MGF Land Limited is a joint venture between Emaar Properties PJSC (“Emaar”) of Dubai and MGF Development Limited (“MGF”) of India. Emaar is one of the world’s leading real estate companies with operations in 16 countries, as of August 31, 2007. MGF has over the last 10 years established itself as one of the key players in retail real estate development in Northern India.
In October 2006 Emaar Properties was awarded ‘Best Developer in the UAE’ for the second consecutive year at the Euromoney Real Estate Award.
The joint venture of Emaar MGF, commenced operations in India in February 2005 with primary business in the development of properties in the residential, commercial, retail and hospitality sectors. In addition, EmaarMGF have also identified healthcare, education and infrastructure as business lines for future growth. Their operations span across various aspects of real estate development, such as land identification and acquisition, project planning, designing, marketing and execution.
Payment Plan/Booking Procedure for EmaarMGF Palm Terraces ^
Book your apartment in Palm Terraces at The Palm Drive in few easy steps below.
1) Identify your apartment out of the availability.
2) Booking 10 Lack amount Cheque in the name of ‘Emaar MGF Land Ltd'.
3) Receive booking confirmation, Receipts from Emaar.
4) Any queries, contact Investinnest customer support in your respective country at numbers mentioned below.
Down Payment Plan(with 12% rebate of 95% BSP)
On Booking as applicable
Withing 45 days of Booking: 95% of Sale Price less Booking amnt + EDC/IDC & Cost of Parking + 100% Club Charges less down payment rebate
On Intimation of Possession: 5% of Sale Price + IBMS + Stamp Duty & Reg Charges
Subvention Scheme with HDFC Bank
Pay 15% & 100% EDC/IDC by 15 March 2011 No EMI till 31 March 2012
Subject to bank loan clearance, Emaar MGF to pay interest till December 2012*
Construction Linked Payment Plan (G + 4)
On Booking: 10 Lakh
Within 45 days of booking: 20% of Sale Price less booking amt
Within 90 days of Booking: 10% of Sale Price + 50% of EDC/IDC
On commencement of Construction: 10% of Sale Price + 50% of EDC/IDC
On casting Ground floor roof slab: 10% of the Sale Price
On casting Second floor roof slab: 10% of the Sale Price
On completion of Final roof slab: 10% of the Sale Price + 100% Club Membership
On completion of Brick work: 10% of Sale Price + 50% of Car Parking
On completion of External Plaster: 7.5% of Sale Price + 50% of Car Parking
On laying of Internal marble flooring: 7.5% of Sale Price
On offer of Possession: 5% of Sale Price + IBMS + Stamp Duty & Registration Charges + Govt. levies and charges (if any)
Construction Linked Payment Plan(G+13)
On Booking Rs. 10 Lakhs
Within 45 days from the date of execution of Booking 20% of Sale Price less Booking Amount
Within 90 days of Booking 10% of Sale Price + 50% of EDC & IDC
On commencement of Construction 10% of Sale Price + 50% of EDC & IDC
On casting Second floor roof slab 7.5% of the Sale Price
On casting Fifth floor roof slab 7.5% of the Sale Price
On casting Ninth floor roof slab 7.5% of the Sale Price
On completion of Final roof slab 7.5% of the Sale Price + 100% Club Membership
On completion of Brick work 10% of Sale Price + 50% of Car Parking
On completion of External Plaster 7.5% of Sale Price + 50% of Car Parking
On laying of Internal marble flooring 7.5% of Sale Price
On offer of Possession 5% of Sale Price + IBMS +Stamp Duty & Registration
Charges + Govt. levies and charges (if any)
Other Charges
External Development Charge(EDC) Rs.304/- ps ft
Infrastructure Development Charges (IDC) Rs.34/- ps ft
Interest Bearing Maintenance security(IBMS) Rs 100-Per Sq.ft
Parking Charges Rs.2.5 lakh (per bay)
Two car park are mandatory per apartment.
Club Membership: Rs. 1 lakh
PLC Charges for G+4
Park facing -Rs500 Per Sq.ft
Open/Green View: Rs.250/- psft
Main Road facing/Corner: Rs. 200/- psft
Top Floor: Rs.500/- psft
PLC Charges for G+13
Park Facing - Rs. 300/- per sq.ft
Golf Range Facing - Rs. 300/- per sq.ft
Ground Floor - 15% of BSP
Note: Acronyms used in Indian Real Estate Industry.
BSP = Basic Sales Price
EDC = External Development Charges
PLC = Preferencial Location Charges
CMRC = Club Membership and Registration Charges Measurements :- All Specifications of Flat Area, Unit Size, Floor of the apartment, View of the property, Villa Size, Plot are are estimated and to the best of developers estimates.
Builder of Specific Properties in India has right to change the actual specifications without prior notice. Please read Builder specific Terms and Conditions for furhter info. Key1:- We always promote that any particular preference while buying the indian real estate i.e Preferred Floor of the property/flat, view, size etc should be clearly mentioned on the booking forms for the property or real estate at the time of filling the booking forms. Key2:- Please keep the actual receipt received for the Indian property from the developer in a safe place for any future reference. Key3:- Please take all the communication on paper or email for future reference from Developer. Key3:- Please do not hesitate to contact your local representative at InvestInNest, for any questions at your earliest.