Description:Colors Housing a Group Housing Society Launched a project in the upcoming FIRST SMART CITY OF INDIA located in L Zone (Next to Dwarka), Delhi. The City will be a showcase to the world with state of the art transport and infrastructure, Commercial, Financial and Educational Hubs, 24x7 electricity and water. Also, enclosing a link to a clip which can showcase you how its been planned. This is first of its kind development in the National Capital - Delhi. Thus a BIG TIME OPPORTUNITY for Consumers to"OWN A LUXURIOUS DELHI ADDRESS PROPERTY".
Availability Of Membership
Memberships shall be approved and allotted purely on a first come first serve basis.
- The payment shall comprise of two parts : Land Cost and construction cost.
- The Land cost amount shall be deposited at the time of booking along with application forms duly filled and accompanying documents. payment plan (CLPP)which will be designed and shared with all members prior to the commencement of construction.
- All members will be required to strictly adhere to the CLPP.
- The land Cost amount shall be fixed on date.
- There will no escalation with regards to the Land cost. The Construction Cost amount has been derived based on the estimated price of Construction materials in 2015.
- This estimate also takes into consideration the expert advice from the architects.
- However, if in case there is any major escalation in the cost of the materials, this will be incorporated into the costing which shall shared proportionately among members. The same shall apply in the case of any additional charge being levied by any competent authority.
Possession Time Frame
- Based on the current indications and actions by DDA it is estimated that construction will begin in 2015.
- The pace of construction is expected to progress swiftly and completion time frame shall be 36‐48 months from the start of construction but the same may vary depending upon the clearances and approvals mandated by law and the actions of DDA.
A member has the option to surrender his/her membership by writien application and the procedure of submission of respective documents will begin along with original share certificate.