It is clarified that this being a semi-finished apartment, following finishing items will NOT be provided inside the apartment:

1.        Flooring in all the areas.

2.        Final plastering/punning/paint/tiling/ cladding on all the walls in all the rooms.

3.        Internal door frames and shutters.

4.        All the counters, sanitary fixtures, fittings and accessories in the toilets & kitchen.

5.        Conducting in the walls for electrical wiring, internal wiring, switches and sockets, light fittings, fans, electrical equipments like geysers etc. Individual security system.

6.        CIIPVC pipes for drainage inside the toilet floors to the connecting point in the vertical stacks; copper pipes in the walls for water supply from the water supply risers.

7.        Any false ceiling within the Apartment.

8.        Any other finishing items.

Thus substantial additional work is required to be done by the customer at his own cost and discretion in order to make the Apartment livable. The customer will have to submit proposed details of interior works and obtain prior approval of DLF before starting the work within the Apartment.

PRICES

Unit price of semi-finished

Apartment                                                                               as Applicable

Duplex / Penthouse                                                                 as Applicable

Parking (per slot)                                                                     Rs. 4, 00,000/- covered Parking (see Clause 5).

SALE PRICE OF UNIT                                                               (UNIT PRICE X SUPER AREA OF SEMI-FINISHED UNIT) + COST OF 03/ 04 PARKING SLOTS

Down payment Rebate                                                           9%

Interest Bearing Maintenance Security (IBMS)                       Rs. 125/- per sq. ft.

On application for booking                                                      Rs. 25 Lacs*

Within 30 days of booking                                                       88.5% of Sale Price (less Rs, 25 Lacs*)

On receipt of Occupation Certificate

DOWN PAYMENT PLAN

On Booking                                                                                              Rs. 25 Lacs*

Within 2 months of Booking                                                                     20% of Sale Price (less Rs.25 Lacs*)

Within 4 months                                                                                       7.5% of Sale Price

Within 6 months                                                                                       7.5% of Sale Price

Within 9 months                                                                                       7.5 %

Within 12 months                                                                                     7.5 % of Sale Price

Within 15 months                                                                                     10 %

Within 18 months                                                                                     10 %

Within 21 months                                                                                    

2.5 YEARS, TIME BOUND, INTEREST-FREE, INSTALLMENT-PAYMENT PLAN

Within 24 months                                                                                     10 %

Within 27 months                                                                                     5%

"On receipt of Occupation Certificate                                                     5 % + IBMS + Stamp Duty (see note 6& 7)

* In case of Duplex / Penthouse the booking amount is Rs. 40 Lacs.

Note:

·          The above price is inclusive of External Development Charges (EDC), pro-rated per apartment as applicable to this Group Housing site as levied by the Government of Haryana upto the date of issue of licenses, originally paid by the Company. In case of any upward revision thereof by the Govt. agencies in future, the same would be recovered on pro-rata basis.

·          Prices are Escalation free but subject to revision! Withdrawal without notice at Company's sole discretion. No extra charges will be livable, except due to change, if any, on account of Fire Safety norms or upward revision of EDC (note I) by the Govt. of Haryana from time to time and/or on revision/change in area.

·          The rebate for early payments shall however be subject to change from time to time and is presently @ 11 % per annum.

·          Each apartment would be provided with a power back-up of 20 KV A approx. and Duplex / Pent Houses would be provided with a Power Back of 30 KV A.

·          Three / four Car parking spaces are mandatory per apartment. Three car parking are mandatory in case of Standard Apartment and four car parking are mandatory in case of Duplex! Penthouse. Any additional car parking will be offered subject to availability at the prevailing prices.

·          The yearly simple interest payable on IBMS shall be determined by the company as per the applicable rates on one-year Fixed Deposits accepted by State Bank of India at the close of each financial year on 31 'I March. .

·          Stamp Duty & other charges shall be payable along with the last installment, as applicable.

·          The Company would pay penalty to its customers @ Rs.5/- per sq.ft. per month for any delay in handing over the product beyond the committed period of three years from the date of execution of agreement. Similarly, the customer would be liable to pay holding charge @ Rs.5/- per sq .ft. per month if he fails to take possession within 30 days from the date of offer of Possession.

·          Prices are w. e. f.

·          Prices indicated above are subject to revision from time to time at the sole discretion of the company.

Prices, terms and conditions stated herein are merely indicative with a view to acquaint the applicant and are not exhaustive. For detailed Terms and Conditions please refer to the application form and Apartment Buyer's Agreement.

"THE MAGNOLIAS", The Luxury Homes from DLF

The "Special-By-Invitation’’ allotment enables the owners to live amidst a community of like-minded residents – a community that appreciates quality living, fine tastes and refined lifestyles.

The complex is located inside the DLF Golf Course and every apartment faces the proposed "9-Hole Golf Course" spread over approximately 60 acres of land. An extension to the existing "18-Hole Golf Course", residents of "The Magnolias" have the benefit of a panoramic view of the main course as well.

"The Magnolias" offers lavish centrally air conditioned apartments with large sizes varying from 5,825 square feet (for Standard Apartments) to 9,000 to10,000 square feet (for Duplex and Penthouses).

Considering the exclusivity and pricing of "The Magnolias" (pricing starts from 6.23 crores onwards.), this project caters to a very niche segment of society.

These apartments are being offered as "bare-shell" apartments, which gives an opportunity to the customers to build and design the interiors in accordance with their own taste and style. However, DLF does provide its exclusive customers the option of providing a finished product at an extra cost.

"The Magnolias" is a self-sufficient complex with all modern amenities like an exclusive club with swimming pool; steam and sauna facilities; tennis and squash courts, and other leisure and fitness facilities. The project also conforms to all safety standards like fire fighting systems, access control cards, CCTV and the building structure is totally earthquake-resistant.

Construction work on the project has already commenced and will be ready in the next 2 years. The construction is being done by DLF Laing O'Rourke – a JV partnership of DLF with its UK-based partner, Laing O'Rourk