Payment Policy

  • In the event of any variation in plot sizes as mutually agreed between the Customer and the firm, the purchase consideration shall be adjusted in proportion to the final size.
  • The Customer shall pay the amount, as indicated by the firm, being the (advance) consideration towards allotment of plot ('Allotment Amount') within 48 hours from the time of execution of application form, failing which the allotment shall not be made. The Customer shall pay the balance amount towards purchase of plot ('Balance Consideration') within 30 days from the date of execution of application form.
  • In case of non-payment or failure to pay the entire Allotment Amount or Balance Consideration by the Customer as per the above payment milestones, the firm reserves the right to cancel his/her plot allotment and freeze his XPRESS CLUB membership.
  • The Customer shall make the above payments to the firm or such other authorized nominee of the firm as specified by the firm.
  • In the event the Customer delays payment of Allotment Amount or Balance Consideration to the firm or its nominee, without prejudice to the right of the firm to cancel the allotment, the Customer shall be liable to pay an interest at the rate of 24% per annum for the period of delay.