Frequently Asked Questions 1) What is the product? The product on offer comprises of individual 1089 sq. ft. onwards residential N.A. plots in an extent of 7 acres of land, in a comprehensive plotted development, located at village Mohandule, Vasind (west) District, Thane. 2) What is the total number of plots on offer? The total number of plots on offer is 48(Phase I & II). 3) What is the zoning of the property? Zoning of the land on offer is residential. 4) How much is the FSI? The FSI currently available is 1. 5) What is the booking amount and the payment structure? Total Consideration – Rs. 4 lack ( Rs.367/- per sq.ft ) Booking Amount – Rs. 1 lack ( 25% of actual amount ) Part Payment - Rs. 1 Lack ( within 30 days from Booking date) Balance payment in EMIs.
Location & Infrastructure 1) What are the USPs and features of the location that make it a winning proposition? Promising Returns: Mumbai’s rapid population increase in a limited space (Population density – over 20,000 per sq. km.) is driving the prices in the outskirts of the city. Vasind and the area surrounding it are poised to see similar growth in infrastructure for an example, Jindal Steel Factory with better roads, local train connectivity and the upcoming 4 Lane Highway which connects NH3 ( Mumbai- Nasik ) & NH8 ( Mumbai-Ahmadabad ), and hence land prices are all set to appreciate further. Quick Getaway: Nisarg project at Vasind is located just 45 kms from Thane and 65 kms from Mumbai and is surrounded by beautiful verdant hills. This makes it an ideal location for your second home / holiday home. The facilities provided are aimed to give great holiday experience to every member of the family. Tourist Spots: This project is around the well known Manas Mandir and Mahuli Fort.
Affordable: This project is consciously priced lower than similar product offerings in the vicinity. The rapid development in this area will further lead to appreciation of price and thereby benefit the investor. Solid Credentials. You can rest assured since we provides you hassle-free, transparent transactions and an investment that gives you higher returns. 2) How do you get to the property Thane - 45 kms Vasind Railway Station - 10 kms Mumbai - 65 kms Nasik - 104 kms Kalyan – 23 kms 3) Is there a motorable road to the property? There is a motorable road to the property.
Facilities & Amenities 1. What are the overall facilities provided by the company? 1089 sq. ft. onwards residential N.A.plots Motorable roads Water supply Electricity Unit demarcation Basic medical facility Project Fencing Maintenance and security (Fee applicable post-handover) 2. Who will maintain the property after possession? The property will be maintained by a Property Management Services Company and monthly maintenance charge will be payable by the property owners.
Documents & Registration 1) Who has Ownership of the Land? The promoters have legal ownership of the land. 2) What Documents would be executed upon making the down payment? A Product Application Form for the booking of a plot is to be completely and accurately filled at the time of making the booking amount. Upon receipt of the Booking Amount and completed Product Application Form, a Token Receipt cum Agreement (TRA)/ Memorandum Of Understanding ( MOU ) shall be issued. Thereafter, an Agreement of Sale (AOS) will be entered into post final amount being received. 3) When will I be able to register the plot? The Plot will be registered upon receipt of the entire sale consideration by the Company in respect of the Plot. 4) Who will be eligible for the registration? All the purchasers who have paid the entire sale consideration along with other charges as applicable shall be eligible for the registration.
5) What are the registration and stamp duty charges? At present it is 4 % stamp duty* +1 % registration* of the guideline prescribed by the government or the sale consideration value set by the company whichever is higher. (Subject to change as per government policies). 6) What are the other charges apart from the registration and stamp duty charges? Additional charges will levy towards legal, liaison, administration, society formation and 7/12 transfer certificate, development and common amenities. The charges for this will be informed by the Sales Executives or Relationship Managers at the time of registration. 7) When will I get the possession of the land? Possession of the property will be given after the Purchaser has paid all the payments, registered the property in his/ her favor and the development has been completed as per the agreed terms in AOS. 8) How do you handover the Project to the Purchasers? The company will intimate the handover process at the time of completion of the development of the project.
9) Can the plot be transferred without registering, during the lock in period to someone else? Nomination is possible at any stage of the purchase upon payment of a nominal fee. 10) If I need to construct a home on my plot will Developer help? Yes, at a cost. We offer end to end construction and design services to assist you on the same.
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