'The Palm Drive' promises to be a community, designed for contemporary living in a green sanctuary setting – a modern lifestyle in a haven of peace and tranquility in Delhi. The project will include beautifully designed 14 high-rise towers and superb villas to match the world's best. The specifications of 'The Palm Drive' will surely be among the city's most desirable addresses like California's seleted gated communities. The emphasis is on modern & sleek designs with exquisite finishing and architectural styles ranging from contemporary to avant garde. A neighbourhood that will be defined by wonderful greenery, wide open spaces and an uplifting sense of safety, security and community. 'The Palm Drive' presents the perfect setting for you and your loved ones.
The buyer will have a choice of choosing from Stylish apartment living, or the opulence and freedom of a beautiful spacious villa. All the Villas and Apartments will be of International standard specifications and will have Split AC units in Living, Dining and Bedrooms and a Modular kitchen as a standard feature.
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.
Book your apartment at Emaar MGF's The Palm Drive in few easy steps below.
1) Identify your apartment out of the availability.
2) Booking 10/20 Lack amount Cheque in the name of ‘Emaar MGF A/c The Palm Drive'.
3) Receive booking confirmation, Receipts from Emaar.
4) Any queries, contact Investinnest customer support in your respective country at numbers mentioned below. Time Linked Payment Plan for The Palm Drive by Emaar MGF
On Booking: 10 Lack/20 Lack As applicable
Within 30 days of booking : 15% of Booking less booking amt
Within 60 days of booking: 10%ofBSP
On Start of Construction: 10%of BSP
On completion of Lower bas roof slab: 5% of BSP
On completion of Upper bas roof slab: 5%ofBSP+50%Parking
On completion of 2nd Floor roof slab: 5%ofBSP+50%Parking
On completion of 4th Floor roof slab: 5%ofBSP+50%PLC
On completion of 6th Floor roof slab: 5%ofBSP+50%PLC
On completion of 8th Floor roof slab: 5%ofBSP
On completion of 10th Floor roof slab: 5%ofBSP
On completion of 12th Floor roof slab: 5%ofBSP
On completion of 14th Floor roof slab: 5%ofBSP
On completion of final Floor roof slab: 5%ofBSP
On completion of Flooring and wall paint: 5%ofBSP
On receipt of occupation certificate: 5%ofBSP
On intimation of possession: 5%ofBSP+IBSM+Stamp duty/Reg
Interest Bearing Maintenance security(IBMS) Rs 100-Per Sq.ft
Two car park are mandatory per apartment.
PLC's Penthouse/Top floor-10%,GF-7.5%,Green facing-Rs100 Per Sq.ft,Floor below Penthouse/Top Floor-7.5%
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.
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