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Property Investment Newsletter
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| Ashiana – PALM COURT at NH-58, Ghaziabad |
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Ashiana – PALM COURT at NH-58, Ghaziabad
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Ashiana has been in the housing development sector for the last two decades and has established it's reputation as a real estate developer that provides quality of construction, safety of investment and integrity of commitment.
Ashiana ‘PALM COURT’ is being developed on NH-58 near DPS, with new objective ‘Middle Class Budget – World Class Living’. A great chance to fulfill all your dreams in your Budget.
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Features
Specification
Payment Plan
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| Location Map |
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| Location Map |
| Site Plan |
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| Site Plan |
| Flat Layout |
3 Bedroom + 2 Toilets
Super Area : 1275 Sq. Ft.
(118.49 Sq. M)
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| Flat Layout |
1 Sq. M = 10.76 Sq. Ft
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EMI Sharing Scheme
Ashiana presenting EMI Sharing Scheme with ICICI Bank
Under this scheme, burden of your EMI is shared by ASHIANA for First 18 Months**
Maximum 85% of the Property Cost can be financed by ICICI Bank Ltd. *
Monthly Savings are as follows :
w.e.f : 17.04.07
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EMI SHARING SCHEME
| Type of Flat |
Area(Sq. Ft.) |
Rate / Sq. Ft.(Rs.) |
Basic Sale Price (BSP) (Rs.) |
Loan Amount 85% |
EMI |
Ashiana Contribution towards EMI(for first 18 months**) |
Flat Buyer Contribution towards EMI(for First 18 months**) |
Total Saving |
| Type A |
1275 |
1875 |
23,90,625 |
20,32,031 |
22,374 |
16,000 |
6,374 |
2,88,000 |
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INSTALLMENT PAYMENT SCHEME
| Type of Flat |
Area(Sq. Ft.) |
Rate / Sq. Ft.(Rs.) |
Basic Sale Price (BSP) (Rs.) |
Loan Amount 85% |
Pre-EMI to be paid by the Customer till possession(approx.) |
| Type A |
1275 |
1875 |
23,90,625 |
20,32,031 |
2,80,000* |
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Hypothetical Case Study
- Under the installment Payment Scheme, EMI would be start post possession and till then borrower / flat buyer has to pay the bank Pre-EMI Interest, which works out to be Rs. 2,80,000*, so there has been no repayment of any principal amount till possession.
- Under the EMI Sharing Scheme, customer enjoys the benefit of EMI repayment from the day one without having burden of full EMI payment till possession and by the time of possession a two year repayment has already been done from the total loan tenure.
- Loan eligibility of an individual is subject to ICICI's Credit, Legal and Technical norms.
- This scheme is a limited period offer. It can be withdrawn at the discretion of the company without any prior intimation/notice.
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Note
- Above calculations are for 4 -10 Floor Flats only.
- EMI would change as per individual Basic Sale Price (BSP) and other cost of the Flat.
- Above calculations are made base on 12%* Rate of Interest
- Ashiana contribution towards EMI for First 18 Months** would be fixed irrespective of customers total EMI.
- All above calculations are for a loan tenure of 20 years. EMI would change in case of change in loan tenure.
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* Condition apply as per ICICI Norms.
** First 18 months will be calculated from the start of First EMI
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