ABOUT

Svasa Homes

Born of an epiphanic inspiration, Svasa Homes is a concept of living that enables attainment of life’s higher meaning. Extracted from ancient wisdoms, these immortal principles bring you elevated dimensions of productivity and fulfillment. Designed for impact makers and their families, discover an uplifted way of living through these exalting features.

CURATED COMMUNITY
Live among exemplary individuals whose accomplishments inspire awe. Be one with a community whose residents have been handpicked for each other. Sharing a common mindset ensures the community collectively helps each other grow, collaborate, and prosper.

WORLD BROUGHT HOME
Everything found outside is also found within. Explore finer meanings of luxury. Relish conveniences generally available outside residential premises brought to you exclusively within Svasa Homes

CARETAKING OF TASKS
Immerse in pursuits that matter to you most by delegating a range of tasks to professionals within Svasa Homes. Fulfill your big ideas while your tasks get completed with the highest levels of expertise, earning you invaluable time and energy.

CULTURE OF IMPACT
Be part of a collective that makes the world a better place. Explore an environment nurturing the right conditions to harness improvements through philanthropic initiatives of immense social relevance for the greater good.

CORE IDENTITY
Reawaken your essence by going back to your roots. Appreciate the historic relevance of culture and lost stories of ancient times. Svasa Homes is designed to inspire your reunion with heritage and its deepest implications.

ABOUT
Machani Group
With a rich heritage of nearly 80 years, Machani Group is among India’s most revered family businesses inspired by Machani Somappa, one of the first Padma Shri recipients for his historic contributions to society. Rooted in unwavering values, the Group’s endeavours range from manufacturing and technology to design, philanthropy, and real estate. Steeped in the tradition of Technology, Engineering, and Design practiced as sacred living truths, these three principles are deeply ingrained in every venture. Building the economy while helping others has been the guiding principle of Machani legacy. The Group’s innate dedication towards the greater good, incessant innovation, and exemplary leadership forms the bedrock on which its legacy stands.

News

svasa news

How Running a Family Business Has Changed Over Time

Over 90 per cent of businesses in India are run by families. This is significantly higher than the global average, which rests at 80 per cent. At this scale, you can...
svasa link
svasa news

Workshop on ‘100-Year-Old Secrets of Family Business Triumph’

Not all family businesses ensure a long-lasting legacy as most tend to falter in their 2nd or 3rd generation. Learn the secret values that helped family enterprises...
svasa link
svasa news

The Secret to Winning in a Negotiation is Collaboration says Pulitzer Prize Winning Author

Stuart Diamond, an American Pulitzer prize-winning author, journalist, professor, attorney and entrepreneur, has been a pioneer in the art of negotiation for more than 20...
svasa link
svasa news

Makeover magic: Family-owned companies outsource coaches to revamp business model

BENGALURU: With no formal education in business management, Sachin Agarwal, 35, had worked hard alongside his father and elder brother in the family’s battery...
svasa link
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Now that you have glimpsed the wonders of Svasa Homes, the journey doesn’t stop here. To truly immerse in the specific intricacies of this meticulously crafted residential marvel, it is imperative to explore it firsthand. Svasa Homes enshrines myriad elements ranging from visual splendour to architectural ingenuity. Write to our team of Svasa experts who will ensure you have a truly memorable experience from the simplest queries to elaborate property tours.

Contact Info
address
67/1B Mahantara Layout Main Road, Mahantara Layout, Kempegowda Nagar, Bangalore 560019
phone number
+91 76767 88888
email address
sales@svasahomes.com
Social Network
Complete The Form Below To Access Your Brochure
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amenities
Timeless Heritage

True heritage is more than historic statuettes, traditional clothing, or cultural memorabilia. True heritage is timeless. Handed down through generations, true heritage is coming in tune with one’s own roots. From sophisticated taste and superior craftsmanship to a thirst for perfection, reawakening integral aspects of our ethos in celebration of the higher meaning of heritage is part of the Svasa philosophy.

THE SVASA VIEW

Preside over the breathtaking expanse of Bengaluru. With Ramakrishna Math right next door, the lush, tranquil and untainted views of the ashram filled with trees and foliage tuck you into a world of your own.

AT THE HEART OF BASAVANAGUDI

Live at the epicenter of Bengaluru's legend embraced by the richest heritage in the midst of every imaginable convenience. Surround yourself with stories that form the central plot of Bengaluru's narrative.

COURTYARD HOME DESIGN

Discover a 4500-year-old Vedic courtyard home design featured for the first time in any modern high-rise living community. According to ancient architectural science, this design brings utmost balance between social and personal life.

ASANA STUDIO

Reconnect with yourself through the ancient discipline of yoga. Attain prime physical wellness with the help of highly-trained yoga instructors. The studio also functions as a screening theater showcasing your favourite films.

ANCIENT INDOOR GAMES

Immerse in quality time with your children as they learn to play games from ancient ages such as Kavade Aata, Alligullimane, and more.

LEELA KIDS’ PLAY AREA

Situated in the mezzanine above the yoga studio, Leela is the indoor children’s play area where your little ones can let their creativity flourish as they remain within your view.
Seamless Luxury

Luxury is often imagined to be superior amenities and exquisite living conditions. However, the concept of luxury runs deeper than imagined. True luxury is having the privilege or mindspace to do what you want in life. True luxury exists above mere opulence, grace, and splendour to describe a lifestyle mundane wealth cannot acquire.

5 KM FROM CUBBON PARK

Being a breath away from the centre of the city comes with its own unique advantages for those who like to be on top of things. Enrich your city life with a supremely strategic location that offers better connectivity and flow.

GREATER CEILING HEIGHT

Thinkers and innovators need more headspace. The floor-to-ceiling height of 10 feet 7 inches in every Svasa home is a luxury you can find nowhere else. The exceptional ceiling height allows for more exclusivity, freedom, and inspiration.

COMMON HOUSE

Socialize with like-minded residents across 36,000 sq ft of carefully designed spaces adorned with antique decor and state-of-the-art facilities for an unparalleled community experience.

BODHI LIBRARY

Leaf through over 2000 carefully curated books including research literature from top business schools like IMD, Switzerland. The library is embellished with elements inspired by Saraswati, the goddess of learning, and ancient artefacts that conjure an ambience of erudition.

SATTVA COMMUNITY LOUNGE

The Sattva lounge is an extension of your living room. Spend leisurely hours with yourself, engage in illuminating conversations with fellow residents, or simply draw inspiration from a collection of antiques on display. Welcome to a space crafted to fulfil your community life.

VIMANA POOL DECK

Bask in spectacular views while immersed in the rooftop infinity pool featuring separate Jacuzzis for men and women, and a private changing room for women that seamlessly transitions into the pool.
Selfless Community

Community is beyond a mere collection of people coexisting together. The true definition of community includes an existence beyond the walls of one’s living environment. It implies a level of concern and involvement that supersedes individual existence and encompasses everything in one’s immediate ecosystem

TAPOVANA GARDENS

An idyllic 2 acres of Balinese landscape that wraps you into an environment of supreme bliss. Contemplated for long walks, uninterrupted conversations, and time for self-reflection.

KARYA BUSINESS LOUNGE

Karya is a dedicated business lounge that includes a private meeting room, conference room, discussion tables, and coworking spaces, enabling you to bring work closer.

LOTUS POND

Symbolizing good fortune, Koi fish populate the lotus pond running throughout the courtyard. Dip your feet in the cool waters as the Koi playfully glide around the colourful floating lotus flowers.

AMPHITHEATRE COMMUNITY SPACE

The amphitheatre design pays homage to centuries of culture and heritage by providing space for exhilarating performances, illuminating talks, and thought-provoking interactions for the entire community.

KIDS’ OUTDOOR PLAY AREA

The children’s outdoor play area is designed for multiple games and activities with a view for parents to keep track of their little ones while seated outdoors.

KRIDA LEISURE LOUNGE

Engage in a selection of recreational activities with traditional table-top games from ancient times along with contemporary leisures that challenge your mind and also help you relax to the core.
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WEBSITE TERMS AND CONDITIONS OF USE WITH MACHANI INFRA DEVELOPMENT CORPORATION PRIVATE LIMITED WEBSITES. PLEASE READ THESE TERMS AND CONDITIONS CAREFULLY BEFORE USING THIS SITE.

ABOUT US
www.svasahomes.com is a site operated by Machani Infra Development Corporation Private Limited and its group companies (that is, its affiliates, subsidiaries, ultimate holding company and its subsidiaries) ("we", "our", "us", or "Svasa")
TERMS OF WEBSITE USE
These terms of use (together with the documents referred to in them) set out the terms on which you may make use of our website www.svasahomes.com, www.svasa.com, and any other website operated by us ("our sites"), whether as a guest or a registered user. Use of our sites includes accessing, browsing or registering to use our sites.
By proceeding to view our sites or any part of it, you acknowledge that you have read, understood and accepted these terms which shall constitute the entire binding agreement between you and Svasa. These terms may be varied by Svasa from time to time and the revised terms will be deemed to apply at the relevant time in respect of your registration and/or use of our sites.
Please read these terms carefully before you start to use our sites, as these will apply to your use of our sites. If you do not agree to these terms, you must not use our sites.
CHANGES TO THESE TERMS
We may revise these terms at any time by amending this page.
Please check this page from time to time to take notice of any changes we made, as they are binding on you.
ACCURACY OF INFORMATION ON OUR SITE
We may update our sites from time to time, and may change the content at any time. Although we make reasonable efforts to update the information on our site, please note that any of the content may be out of date at any given time, and we are under no obligation to update it.
We do not guarantee that our site, or their content, will be free from errors or omissions. Svasa excludes all liability for any errors or omissions in the content to the fullest extent permitted by law.
The information contained on our site is provided for general guidance and for illustrative purposes only. It is not intended to amount to advice on which you should rely. Whilst reasonable care has been taken in providing this information, Svasa and its related companies and their representatives, consultants and agents and, where applicable, the sellers or lessors of a property whose agents we may be, accept no responsibility for, and, to the fullest extent permitted by law, exclude any liability for any loss or damage whatsoever arising out of or related to the accuracy or completeness of any information contained on our site or for any actions taken in reliance on such information by any person whether purchaser, potential purchaser, estate agent, advertiser, introducer or otherwise. We do not make any representations or give any warranty, guarantee, condition, undertaking or term either expressed or implied as to the condition, quality, state of readiness or fitness for purpose of any property or any other information on our sites. No person employed or engaged by or on behalf of us has any authority to make or give any representation or warranty whatever in relation to any property. our sites do not constitute, nor constitute part of, an offer, contract, warranty or guarantee.
You should take appropriate steps to verify any information contained on our sites, by inspecting the property and any other relevant documentation, and where applicable seek proper legal, tax and, if appropriate, independent financial advice from a qualified professional adviser before taking, or refraining from, any action on the basis of the content on our sites. Nothing on our sites shall be regarded or taken as legal or financial advice.
Notwithstanding the generality of the above, please note that:

(i) all descriptions, dimensions, references to condition and necessary permissions for use and occupation, and other details are given in good faith and are believed to be correct, but no person, whether purchaser, potential purchaser, estate agent, advertiser, introducer or otherwise, should rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them.

(ii) commentary, descriptions, figures, calculations, example financial projections (including, where applicable, examples of possible rental income and yields), plans, images and representations are illustrative only.

(iii) images and plans may include artist impressions and computer-generated images which are not to scale.

(iv) changes to the property may be made during the further planning or development stages of any development or otherwise, and dimensions, fittings, finishes, ongoing costs and specifications and representations and any other aspect are subject to change without notice.

(v) measurements provided are taken at the widest points of rooms, except on angled walls where the measurement is generally taken at the centre of the room.

(vi) apartment numbers are for sales purposes only and postal addresses may differ and


(vii) all journey times stated are approximate.
ACCESSING OUR SITE
Our sites are made available free of charge.
If you are provided with a user identification code, password or otherwise as part of our security procedures, you must treat such information as confidential. You must not disclose it to any third party.
We have the right to disable any user identification code or password, whether chosen by you or allocated by us, at any time, if in our reasonable opinion you have failed to comply with any of the provisions of these terms.
We do not guarantee that our sites, or any content on them, will always be available or be uninterrupted. Access to our sites is permitted on a temporary basis. We may suspend, withdraw, discontinue or change all or any part of our site without notice. We will not be liable to you if for any reason any of our sites are unavailable at any time or for any period. You are responsible for making all arrangements necessary for you to have access to our sites.
You are also responsible for ensuring that all persons who access our sites through your internet connection are aware of these terms and other applicable terms and conditions and that they comply with them.
INTELLECTUAL PROPERTY RIGHTS
We are the owner or the licensee of all intellectual property rights in our sites, and in the material published on them. You acknowledge and accept that all of the copyright, database rights and any other intellectual property rights which subsist in the design, layout, processes, functions, data and content of our sites are the property of Svasa or our licensors, information providers or contributors and we reserve all our rights in the same. No part of our sites, their content or any of their underlying software and databases may be copied or reproduced, shared with third parties, reverse engineered, reverse assembled, or used to create any derivative work (whether in physical or electronic form) without our prior written consent.
You may print one copy and may download extracts of any pages from our sites for your personal use and you may draw the attention of others within your organisation to content posted on our sites.
You must not modify the paper or digital copies of any materials you have printed or downloaded in any way, and you must not use any illustrations, photographs, video or audio sequences or any graphics separately from any accompanying text.
Our status (and that of any identified contributors) as the authors of content on our sites must always be acknowledged. You are not permitted to publish the contents of our sites including but not limited to publication on any other website or computer environment. You must not use any part of the content on our sites for commercial purposes without obtaining a licence to do so from us or our licensors.
If you print, copy or download any part of our sites in breach of these terms, your right to use our sites will cease immediately and you must, at our option, return or destroy any copies of the materials you have made.
LIMITATION OF OUR LIABILITY
Nothing in these terms of use excludes or limits our liability for death or personal injury arising from our negligence, or our fraud or fraudulent misrepresentation, or any other liability that cannot be excluded or limited by Indian law.
To the extent permitted by law, we exclude all conditions, warranties, representations or other terms which may apply to our sites or any content on them, whether express or implied.
We will not be liable to any user for any loss or damage, whether in contract, tort (including negligence), breach of statutory duty, or otherwise, even if foreseeable, arising under or in connection with: use of, or inability to use, our sites; or use of or reliance on any content displayed on our sites.
If you are a business user, please note that in particular, we will not be liable for: loss of profits, sales, business, or revenue; business interruption; loss of anticipated savings; loss of business opportunity, goodwill or reputation; or any indirect or consequential loss or damage.
If you are a consumer user, please note that we only provide our sites for domestic and private use. You agree not to use our sites for any commercial or business purposes, and we have no liability to you for any loss of profit, loss of business, business interruption, or loss of business opportunity.
We will not be liable for any loss or damage caused by a virus, distributed denial-of-service attack, or other technologically harmful material that may infect your computer equipment, computer programs, data or other proprietary material due to your use of our sites or to your downloading of any content on it, or on any website linked to it.
VIRUSES
We do not guarantee that our sites will be secure or free from bugs or viruses.
You are responsible for configuring your information technology, computer programmes and platform in order to access our sites. You should use your own virus protection software.
You must not misuse our sites by knowingly introducing viruses, trojans, worms, logic bombs or other material which is malicious or technologically harmful. You must not attempt to gain unauthorised access to our sites, the server on which our sites are stored or any server, computer or database connected to our sites. You must not attack our sites via a denial-of-service attack or a distributed denial-of service attack. By breaching this provision, you would commit a criminal offence under the Information Technology Act, 2000. We will report any such breach to the relevant law enforcement authorities and we will cooperate with those authorities by disclosing your identity to them. In the event of such a breach, your right to use our sites will cease immediately.
LINKS
Where our sites contain links to other sites and resources provided by third parties, these links are provided for your information only.
We have no control over the contents of those sites or resources. We assume no responsibility for the content of websites linked on our sites. Such links should not be interpreted as endorsement by us of those linked websites. We will not be liable for any loss or damage that may arise from your use of them.
You may link to our home page, provided you do so in a way that is fair and legal and does not damage our reputation or take advantage of it.
You must not establish a link in such a way as to suggest any form of association, approval or endorsement on our part where none exists.
You must not establish a link to our site in any website that is not owned by you.
Our site must not be framed on any other site, nor may you create a link to any part of our site other than the home page.
We reserve the right to withdraw linking permission without notice. If you wish to make any use of content on our sites other than that set out above, please contact enquiries@svasahomes.com
OTHER APPLICABLE TERMS
Our Privacy Policy which sets out the terms on which we process any personal data we collect from you or that you provide to us. By using our sites, you consent to such processing and you warrant that all data provided by you is accurate.
APPLICABLE LAW
If you are a consumer, please note that these terms, its subject matter and its formation, are governed by Indian law. You and we both agree that the Courts of Bengaluru, India will have non-exclusive jurisdiction.
CONTACT US
To contact us, please email enquiries@svasahomes.com
Thank you for visiting our sites.
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Thank you for visiting www.svasahomes.com (the “Website”). Machani Infra Development Cooperation Pvt. Ltd, a private limited company having its registered office at No.04, Bommasandra Industrial Area, Attibele Hobli, Anekal Taluk, Bangalore - 560099 (“MIDC” or “Company”) operating the Website, respects your privacy. The Company also recognizes the need for security and protection of the information that you share with the Company.
This privacy policy (“Privacy Policy”) specifies the manner in which personal data and other information is collected, received, stored, processed, disclosed, transferred, dealt with and handled by MIDC.
Please read the Privacy Policy carefully before using/accessing this Website. By submitting any form available on the Website for the services, you agree to provide your Personal Information (defined hereinunder) and accept this Privacy Policy and agree to be legally bound by the same.
COLLECTION OF INFORMATION
The information may be collected by the Company from two sources: (a) personally identifiable information of you including but not limited to name, address, e-mail address, mobile number and other information that you provide voluntarily to the Company (“Personal Information”) and/or (b) information that may be collected whenever you access or use the Website such as internet protocol address, browser type, internet service provider, cookies, etc. When you send emails or other communications to the Company, the Company may retain those communications to process your inquiries, respond to your requests and improve the services. 
USE OF INFORMATION
The Company processes, at its own discretion, the Personal Information and other information that you provide in the following manner:
1 to contact you or respond to your expression of interest;
2 to streamline your requirements and provide customized services to you;
3 to understand your needs and provide you an appropriate real estate solution suitable to your needs;
4 to answer your queries, comments and questions;
5 to our third-party service providers to support us in relation to the services provided by us to you;
6 to provide better customer service;
7 for communication regarding the services available on our Website and subject to your right to opt-out, for promotion
and marketing purposes;
8 to third parties for providing services such as auditing and data analysis;
9 to: (i) comply with any applicable law, regulation, legal process or enforceable governmental request; (ii) protect and
defend against imminent harm to the rights, property or safety of the Company, its users or the public as required or
permitted by law; and/or (iii) protect the Company from incurring any legal liability; and/ or
10 for any other purpose, subject to your consent.
The Company will retain your Personal Information for such duration as may be required for the purposes specified above and shall be used by the Company only in accordance with this Privacy Policy.
YOUR INFORMATION
All information, including Personal Information, disclosed by you shall be deemed to be disclosed willingly by you to the Company and without any coercion. No liability pertaining to the accuracy/authenticity/genuineness/misrepresentation/ fraud/ negligence, etc. of the information disclosed shall lie on the Company nor will the Company be in any way responsible to verify any information obtained from you.
You represent and warrant that any and all the information including but not limited to your Personal Information is absolutely correct, accurate and complete in all aspects. If you access or use any third- party site in connection with the Website, the Company would like to inform you that any information that you provide or that is collected by such third - party site will be governed by the terms of their own privacy policy and not this Privacy Policy.
CHANGES TO THE PRIVACY POLICY
The Company shall have a right to change, modify, add, or remove portions of this Privacy Policy at any time including to comply with changes in applicable laws. The Company shall immediately notify you of such changes on your registered email address.  Also, the amended Privacy Policy will be available at all time for your review on the Website. Any changes or updates to the Privacy Policy will be effective on such date as mentioned in such notification sent to you. Your acceptance of the amended Privacy Policy shall signify your consent to such changes and agreement to be legally bound by the same thereon.
SECURITY
The Company shall at all time endeavour to protect your Personal Information and use reasonable security measures and safeguards to protect your privacy and Personal Information from loss, misuse, unauthorized access, disclosure, alteration, or destruction of such information, in compliance with the applicable laws. However, the Company cannot ensure that your Personal Information and/or information provided to the Company for availing the services on the Website will not be accessed, disclosed, altered or destroyed by a breach of any of the Company’s security measures and safeguards. Please note that the Company assumes no liability or responsibility for disclosure of your information due to errors in transmission, unauthorized third-party access, or other causes beyond the reasonable control of the Company. You need to ensure that you take adequate safeguards, at your end, to preserve the integrity and security of your data which shall include and not be limited to your Personal Information.
DISCLOSURE TO THIRD PARTIES
To enhance your experience on the Website and provide the services to you in a more efficient manner, the Company may disclose your information including Personal Information to its third - party service providers to provide services, such as auditing and data analysis. However, this information will not be used by these service providers for any other purpose without the Company’s prior written consent and will be bound to keep all the information shared by the Company strictly confidential.
Also, if you provide your mobile/ phone number and/or e-mail address on the Website for any services that you wish to avail, the Company and/or any person authorized by the Company, may send you text messages/e-mails in relation to such services. The Company shall ensure that these third parties keep such information confidential at all time and use it only for the purposes for which the Company has disclosed it to them.
CONSENT AND DISCRETION
By accepting the provisions of the Privacy Policy and providing your Personal Information to the Company, you consent to the Company collecting, storing, processing, transferring and sharing information including your Personal Information in accordance with this Privacy Policy.
Withdrawal of consent: You may choose to withdraw your consent provided to the Company at any point in time. Any request for the withdrawal of consent must be sent in writing to the Company at feedback@machanigroup.com. In case you do not provide your consent or later decide to withdraw your consent, the Company may request you, not to access/use the Website. In such a scenario, the Company shall not use your Personal Information and shall reserve the right to not provide you any services offered on the Website. Accordingly, the Company will also delete your information (personal or otherwise) or de-identify it so that it is anonymous and not attributable to you.
Promotional emails: You may opt out of receiving promotional emails from the Company by following the instructions provided in those emails. In case you decide to opt out, the Company may only send you emails pertaining to the services provided by the Company on the Website.
GRIEVANCE OFFICER
If you have any grievance with respect to the Website or the services, you may write to the Grievance Officer at the email address specified below: marketing@svasahomes.com
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Now that you have glimpsed the wonders of Svasa Homes, the journey doesn’t stop here. To truly immerse in the specific intricacies of this meticulously crafted residential marvel, it is imperative to explore it firsthand. Svasa Homes enshrines myriad elements ranging from visual splendour to architectural ingenuity. Write to our team of Svasa experts who will ensure you have a truly memorable experience from the simplest queries to elaborate property tours.

Contact Info
address
67/1B Mahantara Layout Main Road, Mahantara Layout, Kempegowda Nagar, Bangalore 560019
phone number
+91 76767 88888
email address
sales@svasahomes.com
Social Network
Do Write To Us

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Q. Do you have any 2-3BHK apartments?
A. No. All our apartments are 4BHK apartments.


Q. Can I run a commercial activity in the apartment? Like an AirBnB?
A. No, it is illegal to run any commercial activity at Svasa Homes.


Q. Can I rent the property out from the builders?
A. No.


Q. Can I renovate/change the structure of the apartment?
A. No.


Q. Can the builder help us do the interiors?
A. Yes, at an additional cost.


Q. Who is in charge of maintenance of the property?
A. The builder will undertake maintenance of the property up to a certain period of time.


Q. How does concierge service work? Is it at extra cost?
A. No.


Q. Is there any restriction on the number of properties NRIs can buy?
A. No.
Q. I have a flat which I want to sell and buy a new flat, bigger in area. What are my tax implications with regard to capital gains?
A. Capital Gains are exempt if a person purchases a new flat within two years of the date of sale of the original apartment and invests the entire amount of capital gained into the new apartment. However, the same is subject to the provisions of the Income Tax Act, 1961. Customers are requested to consult his/her Chartered Accountant in this regard.


Q. Does Capital Gains Tax apply to NRIs?
A. Yes.


Q. What is the process and required documentation to block an apartment?
A. A booking advance needs to be paid as specified in the cost sheet to block the specified unit adhering to payment terms. Additionally, basic KYC documents need to be provided to initiate the process.


Q. What is the loan sanction process and what documentation is required?
A. While exact requirements and process may differ from bank to bank, the below list summaries standard documents that any bank is likely to request in order to accept your loan application. Keeping your documents ready in advance will reduce the time taken in processing your application. The following are the documents that you must have on hand for the application:

1. ID proof - Passport, Adhaar, Ration Card, Driving Licence, PAN card
2. Address proof - Passport, Adhaar, Ration Card, Driving Licence
3. Income proof - Salary slips, Company offer letters, Income tax returns, Audited financials for Businesses
4. Bank statements - Savings account, Current account
5. PAN copy & some references/guarantors as maybe required by the bank

There will be a specific bank application that the customer needs to fill-in as well. Some banks could ask for a few other documents in addition to the above.
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Use our calendar below to book you tour

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Thank you for visiting Svasa App. This app solely belongs to Machani Infra Development Cooperation Pvt. Ltd, a private limited company having its registered office at No.04, Bommasandra Industrial Area, Attibele Hobli, Anekal Taluk, Bangalore - 560099 (“MIDC” or “Company”) operating the app, respects your privacy. The Company also recognizes the need for security and protection of the information that you share with the Company.
This privacy policy (“Privacy Policy”) specifies the manner in which personal data and other information is collected, received, stored, processed, disclosed, transferred, dealt with and handled by MIDC.

Please read the Privacy Policy carefully before using/accessing this app. By submitting any form available on the app for the services, you agree to provide your Personal Information (defined hereinunder) and accept this Privacy Policy and agree to be legally bound by the same.


COLLECTION OF INFORMATION
The information may be collected by the Company from two sources: (a) personally identifiable information of you including but not limited to name, address, e-mail address, mobile number and other information that you provide voluntarily to the Company (“Personal Information”) and/or (b) information that may be collected whenever you access or use the app such as internet protocol address, browser type, internet service provider, cookies, etc. When you send emails or other communications to the Company, the Company may retain those communications to process your inquiries, respond to your requests and improve the services.


USE OF INFORMATION
The Company processes, at its own discretion, the Personal Information and other information that you provide in the following manner:
1. to contact you or respond to your expression of interest;
2. to streamline your requirements and provide customized services to you;
3. to understand your needs and provide you an appropriate real estate solution suitable to your needs;
4. to answer your queries, comments and questions;
5. to our third-party service providers to support us in relation to the services provided by us to you;
6. to provide better customer service;
7. for communication regarding the services available on our app and subject to your right to opt-out, for promotion and marketing purposes; to third parties for providing services such as auditing and data analysis; to: (i) comply with any applicable law, regulation, legal process or enforceable governmental request; (ii) protect and defend against imminent harm to the rights, property or safety of the Company, its users or the public as required or permitted by law; and/or (iii) protect the Company from incurring any legal liability; and/ or for any other purpose, subject to your consent.
The Company will retain your Personal Information for such duration as may be required for the purposes specified above and shall be used by the Company only in accordance with this Privacy Policy.


YOUR INFORMATION
All information, including Personal Information, disclosed by you shall be deemed to be disclosed willingly by you to the Company and without any coercion. No liability pertaining to the accuracy/authenticity/genuineness/misrepresentation/ fraud/ negligence, etc. of the information disclosed shall lie on the Company nor will the Company be in any way responsible to verify any information obtained from you.
You represent and warrant that any and all the information including but not limited to your Personal Information is absolutely correct, accurate and complete in all aspects. If you access or use any third- party site in connection with the app, the Company would like to inform you that any information that you provide or that is collected by such third - party site will be governed by the terms of their own privacy policy and not this Privacy Policy.


CHANGES TO THE PRIVACY POLICY
The Company shall have a right to change, modify, add, or remove portions of this Privacy Policy at any time including to comply with changes in applicable laws. The Company shall immediately notify you of such changes on your registered email address. Also, the amended Privacy Policy will be available at all time for your review on the app. Any changes or updates to the Privacy Policy will be effective on such date as mentioned in such notification sent to you. Your acceptance of the amended Privacy Policy shall signify your consent to such changes and agreement to be legally bound by the same thereon.


SECURITY
The Company shall at all time endeavour to protect your Personal Information and use reasonable security measures and safeguards to protect your privacy and Personal Information from loss, misuse, unauthorized access, disclosure, alteration, or destruction of such information, in compliance with the applicable laws. However, the Company cannot ensure that your Personal Information and/or information provided to the Company for availing the services on the app will not be accessed, disclosed, altered or destroyed by a breach of any of the Company’s security measures and safeguards. Please note that the Company assumes no liability or responsibility for disclosure of your information due to errors in transmission, unauthorized third-party access, or other causes beyond the reasonable control of the Company. You need to ensure that you take adequate safeguards, at your end, to preserve the integrity and security of your data which shall include and not be limited to your Personal Information.


DISCLOSURE TO THIRD PARTIES
To enhance your experience on the app and provide the services to you in a more efficient manner, the Company may disclose your information including Personal Information to its third - party service providers to provide services, such as auditing and data analysis. However, this information will not be used by these service providers for any other purpose without the Company’s prior written consent and will be bound to keep all the information shared by the Company strictly confidential.
Also, if you provide your mobile/ phone number and/or e-mail address on the app for any services that you wish to avail, the Company and/or any person authorized by the Company, may send you text messages/e-mails in relation to such services. The Company shall ensure that these third parties keep such information confidential at all time and use it only for the purposes for which the Company has disclosed it to them.


CONSENT AND DISCRETION
By accepting the provisions of the Privacy Policy and providing your Personal Information to the Company, you consent to the Company collecting, storing, processing, transferring and sharing information including your Personal Information in accordance with this Privacy Policy. Withdrawal of consent: You may choose to withdraw your consent provided to the Company at any point in time. Any request for the withdrawal of consent must be sent in writing to the Company at feedback@machanigroup.com. In case you do not provide your consent or later decide to withdraw your consent, the Company may request you, not to access/use the app. In such a scenario, the Company shall not use your Personal Information and shall reserve the right to not provide you any services offered on the app. Accordingly, the Company will also delete your information (personal or otherwise) or de-identify it so that it is anonymous and not attributable to you.


GRIEVANCE OFFICER
If you have any grievance with respect to the app or the services, you may write to the Grievance Officer at the email address specified below: sales@svasahomes.com
SVASA APP TERMS AND CONDITIONS OF USE WITH MACHANI INFRA DEVELOPMENT CORPORATION PRIVATE LIMITED. PLEASE READ THESE TERMS AND CONDITIONS CAREFULLY BEFORE USING THIS APP.


ABOUT US
Svasa App is operated by Machani Infra Development Corporation Private Limited and its group companies (that is, its affiliates, subsidiaries, ultimate holding company and its subsidiaries) ("we", "our", "us", or "Svasa")


TERMS OF APPLICATION USE
These terms of use (together with the documents referred to in them) set out the terms on which you may make use of our app, whether as a guest or a registered user. Use of our app includes accessing, browsing or registering to use our app. By proceeding to view our app or any part of it, you acknowledge that you have read, understood and accepted these terms which shall constitute the entire binding agreement between you and Svasa. These terms may be varied by Svasa from time to time and the revised terms will be deemed to apply at the relevant time in respect of your registration and/or use of our app. Please read these terms carefully before you start to use our app, as these will apply to your use of our app. If you do not agree to these terms, you must not use our app.


CHANGES TO THESE TERMS
We may revise these terms at any time by amending this page. Please check this page from time to time to take notice of any changes we made, as they are binding on you.


ACCURACY OF INFORMATION ON OUR APP
We may update our app from time to time, and may change the content at any time. Although we make reasonable efforts to update the information on our app, please note that any of the content may be out of date at any given time, and we are under no obligation to update it.
We do not guarantee that our app, or their content, will be free from errors or omissions. Svasa excludes all liability for any errors or omissions in the content to the fullest extent permitted by law.
The information contained on our app is provided for general guidance and for illustrative purposes only. It is not intended to amount to advice on which you should rely. Whilst reasonable care has been taken in providing this information, Svasa and its related companies and their representatives, consultants and agents and, where applicable, the sellers or lessors of a property whose agents we may be, accept no responsibility for, and, to the fullest extent permitted by law, exclude any liability for any loss or damage whatsoever arising out of or related to the accuracy or completeness of any information contained on our app or for any actions taken in reliance on such information by any person whether purchaser, potential purchaser, estate agent, advertiser, introducer or otherwise. We do not make any representations or give any warranty, guarantee, condition, undertaking or term either expressed or implied as to the condition, quality, state of readiness or fitness for purpose of any property or any other information on our app. No person employed or engaged by or on behalf of us has any authority to make or give any representation or warranty whatever in relation to any property. Our app does not constitute, nor constitute part of, an offer, contract, warranty or guarantee.
You should take appropriate steps to verify any information contained on our app, by inspecting the property and any other relevant documentation, and where applicable seek proper legal, tax and, if appropriate, independent financial advice from a qualified professional adviser before taking, or refraining from, any action on the basis of the content on our app. Nothing on our app shall be regarded or taken as legal or financial advice.
Notwithstanding the generality of the above, please note that:

(i) all descriptions, dimensions, references to condition and necessary permissions for use and occupation, and other details are given in good faith and are believed to be correct, but no person, whether purchaser, potential purchaser, estate agent, advertiser, introducer or otherwise, should rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them.

(ii) commentary, descriptions, figures, calculations, example financial projections (including, where applicable, examples of possible rental income and yields), plans, images and representations are illustrative only.

(iii) images and plans may include artist impressions and computer-generated images which are not to scale.

(iv) changes to the property may be made during the further planning or development stages of any development or otherwise, and dimensions, fittings, finishes, ongoing costs and specifications and representations and any other aspect are subject to change without notice.

(v) measurements provided are taken at the widest points of rooms, except on angled walls where the measurement is generally taken at the centre of the room.

(vi) apartment numbers are for sales purposes only and postal addresses may differ and

(vii) all journey times stated are approximate.


ACCESSING OUR APP
Our app is made available free of charge.
If you are provided with a user identification code, password or otherwise as part of our security procedures, you must treat such information as confidential. You must not disclose it to any third party. We have the right to disable any user identification code or password, whether chosen by you or allocated by us, at any time, if in our reasonable opinion you have failed to comply with any of the provisions of these terms. We do not guarantee that our app, or any content on them, will always be available or be uninterrupted. Access to our app is permitted on a temporary basis. We may suspend, withdraw, discontinue or change all or any part of our app without notice. We will not be liable to you if for any reason any of our app are unavailable at any time or for any period. You are responsible for making all arrangements necessary for you to have access to our app. You are also responsible for ensuring that all persons who access our app through your internet connection are aware of these terms and other applicable terms and conditions and that they comply with them.


INTELLECTUAL PROPERTY RIGHTS
We are the owner or the licensee of all intellectual property rights in our app, and in the material published on them. You acknowledge and accept that all of the copyright, database rights and any other intellectual property rights which subsist in the design, layout, processes, functions, data and content of our app are the property of Svasa or our licensors, information providers or contributors and we reserve all our rights in the same. No part of our app, their content or any of their underlying software and databases may be copied or reproduced, shared with third parties, reverse engineered, reverse assembled, or used to create any derivative work (whether in physical or electronic form) without our prior written consent.
You may print one copy and may download extracts of any pages from our app for your personal use and you may draw the attention of others within your organisation to content posted on our app.
You must not modify the paper or digital copies of any materials you have printed or downloaded in any way, and you must not use any illustrations, photographs, video or audio sequences or any graphics separately from any accompanying text.
Our status (and that of any identified contributors) as the authors of content on our app must always be acknowledged. You are not permitted to publish the contents of our app including but not limited to publication on any other app or computer environment. You must not use any part of the content on our app for commercial purposes without obtaining a licence to do so from us or our licensors.
If you print, copy or download any part of our app in breach of these terms, your right to use our app will cease immediately and you must, at our option, return or destroy any copies of the materials you have made.


LIMITATION OF OUR LIABILITY
Nothing in these terms of use excludes or limits our liability for death or personal injury arising from our negligence, or our fraud or fraudulent misrepresentation, or any other liability that cannot be excluded or limited by Indian law.
To the extent permitted by law, we exclude all conditions, warranties, representations or other terms which may apply to our app or any content on them, whether express or implied.
We will not be liable to any user for any loss or damage, whether in contract, tort (including negligence), breach of statutory duty, or otherwise, even if foreseeable, arising under or in connection with: use of, or inability to use, our app; or use of or reliance on any content displayed on our app.
If you are a business user, please note that in particular, we will not be liable for: loss of profits, sales, business, or revenue; business interruption; loss of anticipated savings; loss of business opportunity, goodwill or reputation; or any indirect or consequential loss or damage.
If you are a consumer user, please note that we only provide our app for domestic and private use. You agree not to use our app for any commercial or business purposes, and we have no liability to you for any loss of profit, loss of business, business interruption, or loss of business opportunity.
We will not be liable for any loss or damage caused by a virus, distributed denial-of-service attack, or other technologically harmful material that may infect your computer equipment, computer programs, data or other proprietary material due to your use of our app or to your downloading of any content on it, or on any app linked to it.


VIRUSES
We do not guarantee that our app will be secure or free from bugs or viruses.
You are responsible for configuring your information technology, computer programmes and platform in order to access our app. You should use your own virus protection software.
You must not misuse our app by knowingly introducing viruses, trojans, worms, logic bombs or other material which is malicious or technologically harmful. You must not attempt to gain unauthorised access to our app, the server on which our app are stored or any server, computer or database connected to our app. You must not attack our app via a denial-of-service attack or a distributed denial-of service attack. By breaching this provision, you would commit a criminal offence under the Information Technology Act, 2000. We will report any such breach to the relevant law enforcement authorities and we will cooperate with those authorities by disclosing your identity to them. In the event of such a breach, your right to use our app will cease immediately.


LINKS
Where our app contain links to other app and resources provided by third parties, these links are provided for your information only.
We have no control over the contents of those app or resources. We assume no responsibility for the content of webapp linked on our app. Such links should not be interpreted as endorsement by us of those linked webapp. We will not be liable for any loss or damage that may arise from your use of them.
You may link to our home page, provided you do so in a way that is fair and legal and does not damage our reputation or take advantage of it.
You must not establish a link in such a way as to suggest any form of association, approval or endorsement on our part where none exists.
You must not establish a link to our app in any app that is not owned by you.
Our app must not be framed on any other app, nor may you create a link to any part of our app other than the home page.
We reserve the right to withdraw linking permission without notice. If you wish to make any use of content on our app other than that set out above, please contact enquiries@svasahomes.com


OTHER APPLICABLE TERMS
Our Privacy Policy which sets out the terms on which we process any personal data we collect from you or that you provide to us. By using our app, you consent to such processing and you warrant that all data provided by you is accurate.


APPLICABLE LAW
If you are a consumer, please note that these terms, its subject matter and its formation, are governed by Indian law. You and we both agree that the Courts of Bengaluru, India will have non-exclusive jurisdiction.


CONTACT
To contact us, please email enquiries@svasahomes.com Thank you for visiting our app.
×
pre-proposal pack
contractual conditions
Please find below a summary of the original Agreement to Sell. The summary does not replace or supersede the Agreement to Sell. The Agreement to Sell is the only legally binding document. This summary’s purpose is to help you quickly understand the most salient features of the Agreement. The numbers in brackets refer to the relevant sections of the agreement.


We are the actual owners of the land and reserve the rights and permissions to build the property on this land (Section 18.a-e).

Most of the costs are calculated on the basis of the Super Built Up Area, and not the Carpet Area of each apartment. This includes the thickness of walls, the area of balconies and terraces and your share of the Common Areas (1.1.x, 11.j).

Standard Payment Terms: You are responsible for taxes such as the Property Tax, Wealth Tax, etc. and you will bear the Stamp Duty and Registration Fee (section 6, 16.1,). After you are issued the Occupancy Certificate (OC), you will take over the responsibility of paying the Municipal Taxes (17.1). You are also responsible for compliance with relevant norms, if you are a Non-Resident Indian. (Section 7).

You are free to take a loan for the purchase of the apartment. If the Agreement to Sell is executed before you secure the loan, the amounts and due dates in the agreement remain unchanged whether you obtain your loan or not (Section 9). See the list of our partnering banks

We will deliver the apartment according to our standard specifications, unless agreed otherwise. The exact specifications can be found in Annexure 4 of your contract. (Section 12)

We will deliver the common premises according to our specifications. (11.d, 12.)

We may periodically modify the common areas for improvement of the project. (11.f)

In case of intentional delay at our end, you may withdraw from the deal after a grace period of six months and request a refund of payments made until that point including a reasonable interest, or you may request that we pay you the interest for the period of the delay on top of the amount paid until that point (13.3-4; Interest: 1.1.j)

You do not own the apartment until the whole amount has been cleared. We retain the right to withdraw the offer from you and refund partial payments made until that point. (14.1; 30)

The Carpet Area of your apartment needs to be confirmed and adjusted after relevant authorities issue the Occupancy Certificate (OC), once construction is complete. If the carpet area changes at this point, we will adjust the difference in Total Sale Amount by requesting you to top up the difference or refund the extra amount to you, as and when applicable. (14.3)

When you take possession of the apartment, you accept that the apartment is completed as per specifications from our end. (14.4)

Upon notification that the apartment is ready for use, you will be required to pay the minimum electricity and water charges, property tax and maintenance expense fees within 15 days, whether you take possession or not. (14.5, 24.2-3) The amount you pay as deposit for maintenance starts being consumed from when the apartment is ready for possession. (24.4) If you don’t take possession or complete the purchase, you may have to pay additional holding charges (14.6)

Access to the Common House is granted at the decision of the Seller, and its continuation is dependant on adherence to all policies defined by the Seller, and dependant on timely payments of all maintenance and other recurring charges (20ii; 22.2)

Especially during your apartment fit-out, you will have to comply with all obligations and regulations set out by us, to avoid delay of the timely delivery of the project. (21.1)

Residents and apartment owners are not allowed, now or at any point in the future, to change the layout of their apartments. They are also required to maintain their apartment in a good shape at their own cost, and will be responsible for any damage to the common structure, infrastructure, and installations. (21.8. 21.9)

You may only begin your apartment fit-out works after the apartment has been handed over to you. (21.10)

We are free to allocate the parking lots based on our own decisions. Your parking space cannot be used for any other purpose except vehicle parking. (21.13)

The Association of Owners will eventually be formed and governed by the Deed of Declaration. (23.1-23.2) This association will be involved in administering the property. (23.3.-4.)

Your apartment, its designated parking lots, and your share in the common premises cannot be split into smaller parts. You cannot sell any part separately other than the whole. (21.6, 21.15-16)

You cannot opt out from contributing to the expenses of the common premises and the Common House amenities. (22.1,22.2, Schedule D 3).

Depending on when you move in, work may be ongoing in adjacent buildings or premises. While we'll do our best to minimise dust and noise, as you are now aware of this limitation, you agree not to delay work in any way. (21.17)

What you pay for the Total Sale Amount (at the point of sale) does not include fees for direct usage of services or facilities and possible future additional charges for improvements, renewal or upgrades of facilities. (22.2)

You have no legal right to obstruct development (25)

We are responsible for defects up to 5 years from when we issue the Occupancy Certificate (OC). Reasonable wear and tear are not considered defects (29a)

Full text of the Agreement to Sell is available upon request.
essential policies
Below is a summary of property policies that will be binding for all residents and cannot be opted out from. Please review the list and don't hesitate to get in touch with your questions if any of the policies are particularly important to you and your family. Please mind that the current list may not be final - you may want to request an updated version at the time when you are requesting your proposal or executing the Agreement to Sell. We hold the right to add and adjust policies in the future.


CULTURAL AND DIETARY DISCRIMINATION
The property welcomes both vegetarian or non-vegetarian residents. We will not place any restrictions on residents that choose to buy an apartment on the same floor as yours.

SECULAR POLICY
The property welcomes residents of all faiths and worldviews. Residents of all faiths will be allowed to celebrate their festivals within the Common Premises, within reasonable boundaries, without compromising the comfort of other residents.

PET POLICY
Pets are welcome on the property, subject to respecting the comfort of other fellow residents who may not be pet-enthusiasts: Pets but must always be on leash with masks while on the property outside your home, and must never be left unattended. Dog-walking must always be carried out outside the premises. It is mandatory to pick up after your pets. Only use the service lift while with pets.

SMOKING POLICY
In order to protect well-being of non-smoking residents, smoking is allowed only in designated area on the ground floor. Smoking in balconies is not allowed.

DOMESTIC HELP POLICY
For improved security and safety of residents, all domestic help, including full-time maids/cooks, will be required to wear standardised name badge when moving around the property, so that they can be easily identified as authorised staff. All domestic help have to obtain police verification, for the purpose of which initial submission of their ID cards is mandatory.

WASTE DISPOSAL POLICY
Segregated waste will be collected in designated sealable bags. In an effort to make our property and community eco friendly, residents will be charged for garbage collection per garbage bag so as to encourage everyone to minimise the amount of waste. One designated garbage disposal bag a day is included in your regular maintenance fee.

EXCLUSIVITY OF COMMON PREMISES
In order to preserve the privacy and atmosphere of the Common House as an extension of your home, most of its premises will not be freely accessible to external guests. Permission for a guest to enter into the exclusive premises can be requested by a resident and we will control the frequency and number of guests invited.

COMMUNITY LIVING CULTURE
We strive to build a thriving community and promote warm, neighbourly relations. We expect and encourage our residents to be polite and being mindful of each other's presence in all common premises. In case of any conflict or issue with a co-resident, residents are required to approach the association committee to resolve the same instead of taking any action on your own.

MOVING IN AND OUT POLICY
Fit-out work in your apartment/Oversized delivery/Bulk furniture delivery will have to comply with our regulations and restrictions. Complete guidelines on our Standard Operating Procedure (SOP) will be provided at the point of Proposal or when executing the Agreement to Sell.
costsheet
BLOCK TYPE A TYPE B TYPE C TYPE D
Floor First Floor First Floor First Floor First Floor
UNIT NO. 101 102 102 101
CARPET AREA (SQ.FT.) 2,366 2,517 2,453 2,526
SUPER BUILTUP AREA (SQ.FT.) 3,381 3,357 3,505 3,558
RATE / SFT SBA (RS.)* 12,000 12,000 13,000 13,000
BASE VALUE (RS.) 40,566,600 40,282,800 45,559,020 46,256,470
COVERED CAR PARKING - 2 NOS. (RS.) 1,500,000 1,500,000 1,500,000 1,500,000
BASE VALUE WITH CAR PARK (RS.) 42,066,600 41,782,800 47,059,020 47,756,470
GST (RS.) 5,047,992 5,013,936 5,647,082 5,730,776
SALE VALUE (EXCLUDING DEPOSITS) (RS.) 47,144,592 46,796,738 52,706,102 53,487,246
OTHER CHARGES (APPROX.) INCLUSIVE OF TAXES (RS.)        
BWSSB AND BESCOM CHARGES/DEPOSITS 802,756 797,140 832,199 844,939
CORPUS FUND (NON-TAXABLE) 1,400,000 1,400,000 1,400,000 1,400,000
CLUB MEMBERSHIP CHARGES 1,500,000 1,500,000 1,500,000 1,500,000
GENERATOR (DG) CHARGES/DEPOSIT 100,000 100,000 100,000 100,000
MAINTENANCE (FIRST YEAR ADVANCE) 143,606 142,601 148,873 151,152
REGISTRATION AND STAMP DUTY at actuals at actuals at actuals at actuals
SUB TOTAL OF OTHER CHARGES (RS.) 3,946,362 3,939,741 3,981,072 3,996,091
GRAND TOTAL (COST TO CUSTOMER) (RS.) 51,060,954 50,736,477 56,687,175 57,483,337
* Rate for first floor. Additional charges of 100 Rs/sqft/per floor rise starting from 2nd floor apply.



1 Registration related legal fees etc. of Rs. 50,000/- has to be paid by customer.

2 Stamp duty & registration costs payable by customer as per actuals during the registration process (Stamp duty on base value + car parks).

3 BESCOM + BWSSB charges and deposits include external infrastructure costs for electricity, water and sanitary connections. All deposits are calculated as on this date. Any variation in the deposits, BWSSB, BESCOM charges and energy meter will have to be borne by the customer as and when applicable. Customer shall make payment on demand from the seller.

4 Maintenance estimated @ Rs. 3/- per square feet of super built-up area per month, will be payable for a year in advance before registration and handing over possession by way of Cheque/DD.

5 Corpus fund is a future contingency fund for the community & will be reviewed after 7 years.

6 All payments shall be in the name of Stumpp Schuele and Somappa Private Limited through - Account payee cheques / DD / Bankers pay order.



The above is an indicative timesheet. Prices are revised periodically on a quarterly basis. If you would like to receive a Proposal, contact us.
banks that we cooperate with
In order to accelerate your journey towards your new home, we have secured clearance of our project with a number of prominent banks. Upon submitting all the required documents, you can expect an outcome on your loan application within 7-10 days with the following institutions:


Federal Bank - Home
Contact person: Mr Praveen +91 98455 46501

Kotak Mahindra
Contact person: Mr Gopi +91 80505 90795

SBI
Contact person: Mr Sridhar +91 77608 83838

L&T Finance
Contact person: Mr Saadiq +91 98450 43011

ICICI


You are free to negotiate a loan with any bank of your preference. Please take into consideration when planning your project that banks not featured on the above list may take between 60-90 days to approve a loan, as they may not have conducted prior evaluation and provided clearance to our property.
If you are ready to take your journey towards living at Ananda further, please contact one of our team members requesting a proposal.

In order to create a proposal, we will need to agree on a concrete apartment that you are interested to buy. If you would like to see the concrete apartment and its views, please schedule a tour and let us know which apartment you are interested in.

If you have any changes required towards the Standard Specifications of the apartment delivery, please indicate so in your request, so we can take that into consideration when preparing the Proposal.

Should you be interested in commissioning any work with us, beyond the scope of the Standard Specifications, such as interior design, procurement of furnishings and the like, please let us know as well.

The proposal will contain a customised coststheet that will be reflective of your choices, and a set of legal documents for your review and due diligence needs.

Considering that our pricing is revised periodically on a quarterly basis, our Proposal shared with you is a time-limited offer. In order to accept the Proposal, you are required to pay a deposit of Rs 50,00,000 within 15 days of receiving the Proposal, and then transferring the entire cost of sale to our accounts within 3 months of receiving the Proposal. Thanks to the deposit, the apartment of your choice will be reserved for you for the duration of the three months, until the act of sale comes through.

At the point of paying the initial deposit, we will execute a binding document as proof of your consent with the following conditions:
  - Should you withdraw your interest, the deposit is refundable at 50% of its value.
  - Should you withdraw from the Proposal due to any issue identified in your due diligence or the legal documents put forward, the deposit is fully refundable, without interest.
  - Should you wish to proceed with the purchase but fail to pay the full cost of sale within three months, the Proposal becomes invalid and a new Proposal, subject to revised pricing, needs to be issued.

If you need some more time and information to decide - do not hesitate to book another tour - perhaps with your entire family and friends! Or, reach out to us with any questions you may have. We will be pleased to hear from you.
×
pre-proposal pack
contractual conditions
Please find below a summary of the original Agreement to Sell. The summary does not replace or supersede the Agreement to Sell. The Agreement to Sell is the only legally binding document. This summary’s purpose is to help you quickly understand the most salient features of the Agreement. The numbers in brackets refer to the relevant sections of the agreement.


We are the actual owners of the land and reserve the rights and permissions to build the property on this land (Section 18.a-e).

Most of the costs are calculated on the basis of the Super Built Up Area, and not the Carpet Area of each apartment. This includes the thickness of walls, the area of balconies and terraces and your share of the Common Areas (1.1.x, 11.j).

Standard Payment Terms: You are responsible for taxes such as the Property Tax, Wealth Tax, etc. and you will bear the Stamp Duty and Registration Fee (section 6, 16.1,). After you are issued the Occupancy Certificate (OC), you will take over the responsibility of paying the Municipal Taxes (17.1). You are also responsible for compliance with relevant norms, if you are a Non-Resident Indian. (Section 7).

You are free to take a loan for the purchase of the apartment. If the Agreement to Sell is executed before you secure the loan, the amounts and due dates in the agreement remain unchanged whether you obtain your loan or not (Section 9). See the list of our partnering banks

We will deliver the apartment according to our standard specifications, unless agreed otherwise. The exact specifications can be found in Annexure 4 of your contract. (Section 12)

We will deliver the common premises according to our specifications. (11.d, 12.)

We may periodically modify the common areas for improvement of the project. (11.f)

In case of intentional delay at our end, you may withdraw from the deal after a grace period of six months and request a refund of payments made until that point including a reasonable interest, or you may request that we pay you the interest for the period of the delay on top of the amount paid until that point (13.3-4; Interest: 1.1.j)

You do not own the apartment until the whole amount has been cleared. We retain the right to withdraw the offer from you and refund partial payments made until that point. (14.1; 30)

The Carpet Area of your apartment needs to be confirmed and adjusted after relevant authorities issue the Occupancy Certificate (OC), once construction is complete. If the carpet area changes at this point, we will adjust the difference in Total Sale Amount by requesting you to top up the difference or refund the extra amount to you, as and when applicable. (14.3)

When you take possession of the apartment, you accept that the apartment is completed as per specifications from our end. (14.4)

Upon notification that the apartment is ready for use, you will be required to pay the minimum electricity and water charges, property tax and maintenance expense fees within 15 days, whether you take possession or not. (14.5, 24.2-3) The amount you pay as deposit for maintenance starts being consumed from when the apartment is ready for possession. (24.4) If you don’t take possession or complete the purchase, you may have to pay additional holding charges (14.6)

Access to the Common House is granted at the decision of the Seller, and its continuation is dependant on adherence to all policies defined by the Seller, and dependant on timely payments of all maintenance and other recurring charges (20ii; 22.2)

Especially during your apartment fit-out, you will have to comply with all obligations and regulations set out by us, to avoid delay of the timely delivery of the project. (21.1)

Residents and apartment owners are not allowed, now or at any point in the future, to change the layout of their apartments. They are also required to maintain their apartment in a good shape at their own cost, and will be responsible for any damage to the common structure, infrastructure, and installations. (21.8. 21.9)

You may only begin your apartment fit-out works after the apartment has been handed over to you. (21.10)

We are free to allocate the parking lots based on our own decisions. Your parking space cannot be used for any other purpose except vehicle parking. (21.13)

The Association of Owners will eventually be formed and governed by the Deed of Declaration. (23.1-23.2) This association will be involved in administering the property. (23.3.-4.)

Your apartment, its designated parking lots, and your share in the common premises cannot be split into smaller parts. You cannot sell any part separately other than the whole. (21.6, 21.15-16)

You cannot opt out from contributing to the expenses of the common premises and the Common House amenities. (22.1,22.2, Schedule D 3).

Depending on when you move in, work may be ongoing in adjacent buildings or premises. While we'll do our best to minimise dust and noise, as you are now aware of this limitation, you agree not to delay work in any way. (21.17)

What you pay for the Total Sale Amount (at the point of sale) does not include fees for direct usage of services or facilities and possible future additional charges for improvements, renewal or upgrades of facilities. (22.2)

You have no legal right to obstruct development (25)

We are responsible for defects up to 5 years from when we issue the Occupancy Certificate (OC). Reasonable wear and tear are not considered defects (29a)

Full text of the Agreement to Sell is available upon request.
essential policies
Below is a summary of property policies that will be binding for all residents and cannot be opted out from. Please review the list and don't hesitate to get in touch with your questions if any of the policies are particularly important to you and your family. Please mind that the current list may not be final - you may want to request an updated version at the time when you are requesting your proposal or executing the Agreement to Sell. We hold the right to add and adjust policies in the future.


CULTURAL AND DIETARY DISCRIMINATION
The property welcomes both vegetarian or non-vegetarian residents. We will not place any restrictions on residents that choose to buy an apartment on the same floor as yours.

SECULAR POLICY
The property welcomes residents of all faiths and worldviews. Residents of all faiths will be allowed to celebrate their festivals within the Common Premises, within reasonable boundaries, without compromising the comfort of other residents.

PET POLICY
Pets are welcome on the property, subject to respecting the comfort of other fellow residents who may not be pet-enthusiasts: Pets but must always be on leash with masks while on the property outside your home, and must never be left unattended. Dog-walking must always be carried out outside the premises. It is mandatory to pick up after your pets. Only use the service lift while with pets.

SMOKING POLICY
In order to protect well-being of non-smoking residents, smoking is allowed only in designated area on the ground floor. Smoking in balconies is not allowed.

DOMESTIC HELP POLICY
For improved security and safety of residents, all domestic help, including full-time maids/cooks, will be required to wear standardised name badge when moving around the property, so that they can be easily identified as authorised staff. All domestic help have to obtain police verification, for the purpose of which initial submission of their ID cards is mandatory.

WASTE DISPOSAL POLICY
Segregated waste will be collected in designated sealable bags. In an effort to make our property and community eco friendly, residents will be charged for garbage collection per garbage bag so as to encourage everyone to minimise the amount of waste. One designated garbage disposal bag a day is included in your regular maintenance fee.

EXCLUSIVITY OF COMMON PREMISES
In order to preserve the privacy and atmosphere of the Common House as an extension of your home, most of its premises will not be freely accessible to external guests. Permission for a guest to enter into the exclusive premises can be requested by a resident and we will control the frequency and number of guests invited.

COMMUNITY LIVING CULTURE
We strive to build a thriving community and promote warm, neighbourly relations. We expect and encourage our residents to be polite and being mindful of each other's presence in all common premises. In case of any conflict or issue with a co-resident, residents are required to approach the association committee to resolve the same instead of taking any action on your own.

MOVING IN AND OUT POLICY
Fit-out work in your apartment/Oversized delivery/Bulk furniture delivery will have to comply with our regulations and restrictions. Complete guidelines on our Standard Operating Procedure (SOP) will be provided at the point of Proposal or when executing the Agreement to Sell.
costsheet
BLOCK TYPE A TYPE B TYPE C TYPE D
Floor First Floor First Floor First Floor First Floor
UNIT NO. 101 102 102 101
CARPET AREA (SQ.FT.) 2,366 2,517 2,453 2,526
SUPER BUILTUP AREA (SQ.FT.) 3,381 3,357 3,505 3,558
RATE / SFT SBA (RS.)* 12,000 12,000 13,000 13,000
BASE VALUE (RS.) 40,566,600 40,282,800 45,559,020 46,256,470
COVERED CAR PARKING - 2 NOS. (RS.) 1,500,000 1,500,000 1,500,000 1,500,000
BASE VALUE WITH CAR PARK (RS.) 42,066,600 41,782,800 47,059,020 47,756,470
GST (RS.) 5,047,992 5,013,936 5,647,082 5,730,776
SALE VALUE (EXCLUDING DEPOSITS) (RS.) 47,144,592 46,796,738 52,706,102 53,487,246
OTHER CHARGES (APPROX.) INCLUSIVE OF TAXES (RS.)        
BWSSB AND BESCOM CHARGES/DEPOSITS 802,756 797,140 832,199 844,939
CORPUS FUND (NON-TAXABLE) 1,400,000 1,400,000 1,400,000 1,400,000
CLUB MEMBERSHIP CHARGES 1,500,000 1,500,000 1,500,000 1,500,000
GENERATOR (DG) CHARGES/DEPOSIT 100,000 100,000 100,000 100,000
MAINTENANCE (FIRST YEAR ADVANCE) 143,606 142,601 148,873 151,152
REGISTRATION AND STAMP DUTY at actuals at actuals at actuals at actuals
SUB TOTAL OF OTHER CHARGES (RS.) 3,946,362 3,939,741 3,981,072 3,996,091
GRAND TOTAL (COST TO CUSTOMER) (RS.) 51,060,954 50,736,477 56,687,175 57,483,337
* Rate for first floor. Additional charges of 100 Rs/sqft/per floor rise starting from 2nd floor apply.



1 Registration related legal fees etc. of Rs. 50,000/- has to be paid by customer.

2 Stamp duty & registration costs payable by customer as per actuals during the registration process (Stamp duty on base value + car parks).

3 BESCOM + BWSSB charges and deposits include external infrastructure costs for electricity, water and sanitary connections. All deposits are calculated as on this date. Any variation in the deposits, BWSSB, BESCOM charges and energy meter will have to be borne by the customer as and when applicable. Customer shall make payment on demand from the seller.

4 Maintenance estimated @ Rs. 3/- per square feet of super built-up area per month, will be payable for a year in advance before registration and handing over possession by way of Cheque/DD.

5 Corpus fund is a future contingency fund for the community & will be reviewed after 7 years.

6 All payments shall be in the name of Stumpp Schuele and Somappa Private Limited through - Account payee cheques / DD / Bankers pay order.



The above is an indicative timesheet. Prices are revised periodically on a quarterly basis. If you would like to receive a Proposal, contact us.
banks that we cooperate with
In order to accelerate your journey towards your new home, we have secured clearance of our project with a number of prominent banks. Upon submitting all the required documents, you can expect an outcome on your loan application within 7-10 days with the following institutions:


Federal Bank - Home
Contact person: Mr Praveen +91 98455 46501

Kotak Mahindra
Contact person: Mr Gopi +91 80505 90795

SBI
Contact person: Mr Sridhar +91 77608 83838

L&T Finance
Contact person: Mr Saadiq +91 98450 43011

ICICI


You are free to negotiate a loan with any bank of your preference. Please take into consideration when planning your project that banks not featured on the above list may take between 60-90 days to approve a loan, as they may not have conducted prior evaluation and provided clearance to our property.
If you are ready to take your journey towards living at Ananda further, please contact one of our team members requesting a proposal.

In order to create a proposal, we will need to agree on a concrete apartment that you are interested to buy. If you would like to see the concrete apartment and its views, please schedule a tour and let us know which apartment you are interested in.

If you have any changes required towards the Standard Specifications of the apartment delivery, please indicate so in your request, so we can take that into consideration when preparing the Proposal.

Should you be interested in commissioning any work with us, beyond the scope of the Standard Specifications, such as interior design, procurement of furnishings and the like, please let us know as well.

The proposal will contain a customised coststheet that will be reflective of your choices, and a set of legal documents for your review and due diligence needs.

Considering that our pricing is revised periodically on a quarterly basis, our Proposal shared with you is a time-limited offer. In order to accept the Proposal, you are required to pay a deposit of Rs 50,00,000 within 15 days of receiving the Proposal, and then transferring the entire cost of sale to our accounts within 3 months of receiving the Proposal. Thanks to the deposit, the apartment of your choice will be reserved for you for the duration of the three months, until the act of sale comes through.

At the point of paying the initial deposit, we will execute a binding document as proof of your consent with the following conditions:
  - Should you withdraw your interest, the deposit is refundable at 50% of its value.
  - Should you withdraw from the Proposal due to any issue identified in your due diligence or the legal documents put forward, the deposit is fully refundable, without interest.
  - Should you wish to proceed with the purchase but fail to pay the full cost of sale within three months, the Proposal becomes invalid and a new Proposal, subject to revised pricing, needs to be issued.

If you need some more time and information to decide - do not hesitate to book another tour - perhaps with your entire family and friends! Or, reach out to us with any questions you may have. We will be pleased to hear from you.
×
pre-proposal pack
contractual conditions
Please find below a summary of the original Agreement to Sell. The summary does not replace or supersede the Agreement to Sell. The Agreement to Sell is the only legally binding document. This summary’s purpose is to help you quickly understand the most salient features of the Agreement. The numbers in brackets refer to the relevant sections of the agreement.


We are the actual owners of the land and reserve the rights and permissions to build the property on this land (Section 18.a-e).

Most of the costs are calculated on the basis of the Super Built Up Area, and not the Carpet Area of each apartment. This includes the thickness of walls, the area of balconies and terraces and your share of the Common Areas (1.1.x, 11.j).

Standard Payment Terms: You are responsible for taxes such as the Property Tax, Wealth Tax, etc. and you will bear the Stamp Duty and Registration Fee (section 6, 16.1,). After you are issued the Occupancy Certificate (OC), you will take over the responsibility of paying the Municipal Taxes (17.1). You are also responsible for compliance with relevant norms, if you are a Non-Resident Indian. (Section 7).

You are free to take a loan for the purchase of the apartment. If the Agreement to Sell is executed before you secure the loan, the amounts and due dates in the agreement remain unchanged whether you obtain your loan or not (Section 9). See the list of our partnering banks

We will deliver the apartment according to our standard specifications, unless agreed otherwise. The exact specifications can be found in Annexure 4 of your contract. (Section 12)

We will deliver the common premises according to our specifications. (11.d, 12.)

We may periodically modify the common areas for improvement of the project. (11.f)

In case of intentional delay at our end, you may withdraw from the deal after a grace period of six months and request a refund of payments made until that point including a reasonable interest, or you may request that we pay you the interest for the period of the delay on top of the amount paid until that point (13.3-4; Interest: 1.1.j)

You do not own the apartment until the whole amount has been cleared. We retain the right to withdraw the offer from you and refund partial payments made until that point. (14.1; 30)

The Carpet Area of your apartment needs to be confirmed and adjusted after relevant authorities issue the Occupancy Certificate (OC), once construction is complete. If the carpet area changes at this point, we will adjust the difference in Total Sale Amount by requesting you to top up the difference or refund the extra amount to you, as and when applicable. (14.3)

When you take possession of the apartment, you accept that the apartment is completed as per specifications from our end. (14.4)

Upon notification that the apartment is ready for use, you will be required to pay the minimum electricity and water charges, property tax and maintenance expense fees within 15 days, whether you take possession or not. (14.5, 24.2-3) The amount you pay as deposit for maintenance starts being consumed from when the apartment is ready for possession. (24.4) If you don’t take possession or complete the purchase, you may have to pay additional holding charges (14.6)

Access to the Common House is granted at the decision of the Seller, and its continuation is dependant on adherence to all policies defined by the Seller, and dependant on timely payments of all maintenance and other recurring charges (20ii; 22.2)

Especially during your apartment fit-out, you will have to comply with all obligations and regulations set out by us, to avoid delay of the timely delivery of the project. (21.1)

Residents and apartment owners are not allowed, now or at any point in the future, to change the layout of their apartments. They are also required to maintain their apartment in a good shape at their own cost, and will be responsible for any damage to the common structure, infrastructure, and installations. (21.8. 21.9)

You may only begin your apartment fit-out works after the apartment has been handed over to you. (21.10)

We are free to allocate the parking lots based on our own decisions. Your parking space cannot be used for any other purpose except vehicle parking. (21.13)

The Association of Owners will eventually be formed and governed by the Deed of Declaration. (23.1-23.2) This association will be involved in administering the property. (23.3.-4.)

Your apartment, its designated parking lots, and your share in the common premises cannot be split into smaller parts. You cannot sell any part separately other than the whole. (21.6, 21.15-16)

You cannot opt out from contributing to the expenses of the common premises and the Common House amenities. (22.1,22.2, Schedule D 3).

Depending on when you move in, work may be ongoing in adjacent buildings or premises. While we'll do our best to minimise dust and noise, as you are now aware of this limitation, you agree not to delay work in any way. (21.17)

What you pay for the Total Sale Amount (at the point of sale) does not include fees for direct usage of services or facilities and possible future additional charges for improvements, renewal or upgrades of facilities. (22.2)

You have no legal right to obstruct development (25)

We are responsible for defects up to 5 years from when we issue the Occupancy Certificate (OC). Reasonable wear and tear are not considered defects (29a)

Full text of the Agreement to Sell is available upon request.
essential policies
Below is a summary of property policies that will be binding for all residents and cannot be opted out from. Please review the list and don't hesitate to get in touch with your questions if any of the policies are particularly important to you and your family. Please mind that the current list may not be final - you may want to request an updated version at the time when you are requesting your proposal or executing the Agreement to Sell. We hold the right to add and adjust policies in the future.


CULTURAL AND DIETARY DISCRIMINATION
The property welcomes both vegetarian or non-vegetarian residents. We will not place any restrictions on residents that choose to buy an apartment on the same floor as yours.

SECULAR POLICY
The property welcomes residents of all faiths and worldviews. Residents of all faiths will be allowed to celebrate their festivals within the Common Premises, within reasonable boundaries, without compromising the comfort of other residents.

PET POLICY
Pets are welcome on the property, subject to respecting the comfort of other fellow residents who may not be pet-enthusiasts: Pets but must always be on leash with masks while on the property outside your home, and must never be left unattended. Dog-walking must always be carried out outside the premises. It is mandatory to pick up after your pets. Only use the service lift while with pets.

SMOKING POLICY
In order to protect well-being of non-smoking residents, smoking is allowed only in designated area on the ground floor. Smoking in balconies is not allowed.

DOMESTIC HELP POLICY
For improved security and safety of residents, all domestic help, including full-time maids/cooks, will be required to wear standardised name badge when moving around the property, so that they can be easily identified as authorised staff. All domestic help have to obtain police verification, for the purpose of which initial submission of their ID cards is mandatory.

WASTE DISPOSAL POLICY
Segregated waste will be collected in designated sealable bags. In an effort to make our property and community eco friendly, residents will be charged for garbage collection per garbage bag so as to encourage everyone to minimise the amount of waste. One designated garbage disposal bag a day is included in your regular maintenance fee.

EXCLUSIVITY OF COMMON PREMISES
In order to preserve the privacy and atmosphere of the Common House as an extension of your home, most of its premises will not be freely accessible to external guests. Permission for a guest to enter into the exclusive premises can be requested by a resident and we will control the frequency and number of guests invited.

COMMUNITY LIVING CULTURE
We strive to build a thriving community and promote warm, neighbourly relations. We expect and encourage our residents to be polite and being mindful of each other's presence in all common premises. In case of any conflict or issue with a co-resident, residents are required to approach the association committee to resolve the same instead of taking any action on your own.

MOVING IN AND OUT POLICY
Fit-out work in your apartment/Oversized delivery/Bulk furniture delivery will have to comply with our regulations and restrictions. Complete guidelines on our Standard Operating Procedure (SOP) will be provided at the point of Proposal or when executing the Agreement to Sell.
costsheet
BLOCK TYPE A TYPE B TYPE C TYPE D
Floor First Floor First Floor First Floor First Floor
UNIT NO. 101 102 102 101
CARPET AREA (SQ.FT.) 2,366 2,517 2,453 2,526
SUPER BUILTUP AREA (SQ.FT.) 3,381 3,357 3,505 3,558
RATE / SFT SBA (RS.)* 12,000 12,000 13,000 13,000
BASE VALUE (RS.) 40,566,600 40,282,800 45,559,020 46,256,470
COVERED CAR PARKING - 2 NOS. (RS.) 1,500,000 1,500,000 1,500,000 1,500,000
BASE VALUE WITH CAR PARK (RS.) 42,066,600 41,782,800 47,059,020 47,756,470
GST (RS.) 5,047,992 5,013,936 5,647,082 5,730,776
SALE VALUE (EXCLUDING DEPOSITS) (RS.) 47,144,592 46,796,738 52,706,102 53,487,246
OTHER CHARGES (APPROX.) INCLUSIVE OF TAXES (RS.)        
BWSSB AND BESCOM CHARGES/DEPOSITS 802,756 797,140 832,199 844,939
CORPUS FUND (NON-TAXABLE) 1,400,000 1,400,000 1,400,000 1,400,000
CLUB MEMBERSHIP CHARGES 1,500,000 1,500,000 1,500,000 1,500,000
GENERATOR (DG) CHARGES/DEPOSIT 100,000 100,000 100,000 100,000
MAINTENANCE (FIRST YEAR ADVANCE) 143,606 142,601 148,873 151,152
REGISTRATION AND STAMP DUTY at actuals at actuals at actuals at actuals
SUB TOTAL OF OTHER CHARGES (RS.) 3,946,362 3,939,741 3,981,072 3,996,091
GRAND TOTAL (COST TO CUSTOMER) (RS.) 51,060,954 50,736,477 56,687,175 57,483,337
* Rate for first floor. Additional charges of 100 Rs/sqft/per floor rise starting from 2nd floor apply.



1 Registration related legal fees etc. of Rs. 50,000/- has to be paid by customer.

2 Stamp duty & registration costs payable by customer as per actuals during the registration process (Stamp duty on base value + car parks).

3 BESCOM + BWSSB charges and deposits include external infrastructure costs for electricity, water and sanitary connections. All deposits are calculated as on this date. Any variation in the deposits, BWSSB, BESCOM charges and energy meter will have to be borne by the customer as and when applicable. Customer shall make payment on demand from the seller.

4 Maintenance estimated @ Rs. 3/- per square feet of super built-up area per month, will be payable for a year in advance before registration and handing over possession by way of Cheque/DD.

5 Corpus fund is a future contingency fund for the community & will be reviewed after 7 years.

6 All payments shall be in the name of Stumpp Schuele and Somappa Private Limited through - Account payee cheques / DD / Bankers pay order.



The above is an indicative timesheet. Prices are revised periodically on a quarterly basis. If you would like to receive a Proposal, contact us.
banks that we cooperate with
In order to accelerate your journey towards your new home, we have secured clearance of our project with a number of prominent banks. Upon submitting all the required documents, you can expect an outcome on your loan application within 7-10 days with the following institutions:


Federal Bank - Home
Contact person: Mr Praveen +91 98455 46501

Kotak Mahindra
Contact person: Mr Gopi +91 80505 90795

SBI
Contact person: Mr Sridhar +91 77608 83838

L&T Finance
Contact person: Mr Saadiq +91 98450 43011

ICICI


You are free to negotiate a loan with any bank of your preference. Please take into consideration when planning your project that banks not featured on the above list may take between 60-90 days to approve a loan, as they may not have conducted prior evaluation and provided clearance to our property.
If you are ready to take your journey towards living at Ananda further, please contact one of our team members requesting a proposal.

In order to create a proposal, we will need to agree on a concrete apartment that you are interested to buy. If you would like to see the concrete apartment and its views, please schedule a tour and let us know which apartment you are interested in.

If you have any changes required towards the Standard Specifications of the apartment delivery, please indicate so in your request, so we can take that into consideration when preparing the Proposal.

Should you be interested in commissioning any work with us, beyond the scope of the Standard Specifications, such as interior design, procurement of furnishings and the like, please let us know as well.

The proposal will contain a customised coststheet that will be reflective of your choices, and a set of legal documents for your review and due diligence needs.

Considering that our pricing is revised periodically on a quarterly basis, our Proposal shared with you is a time-limited offer. In order to accept the Proposal, you are required to pay a deposit of Rs 50,00,000 within 15 days of receiving the Proposal, and then transferring the entire cost of sale to our accounts within 3 months of receiving the Proposal. Thanks to the deposit, the apartment of your choice will be reserved for you for the duration of the three months, until the act of sale comes through.

At the point of paying the initial deposit, we will execute a binding document as proof of your consent with the following conditions:
  - Should you withdraw your interest, the deposit is refundable at 50% of its value.
  - Should you withdraw from the Proposal due to any issue identified in your due diligence or the legal documents put forward, the deposit is fully refundable, without interest.
  - Should you wish to proceed with the purchase but fail to pay the full cost of sale within three months, the Proposal becomes invalid and a new Proposal, subject to revised pricing, needs to be issued.

If you need some more time and information to decide - do not hesitate to book another tour - perhaps with your entire family and friends! Or, reach out to us with any questions you may have. We will be pleased to hear from you.
×
pre-proposal pack
contractual conditions
Please find below a summary of the original Agreement to Sell. The summary does not replace or supersede the Agreement to Sell. The Agreement to Sell is the only legally binding document. This summary’s purpose is to help you quickly understand the most salient features of the Agreement. The numbers in brackets refer to the relevant sections of the agreement.


We are the actual owners of the land and reserve the rights and permissions to build the property on this land (Section 18.a-e).

Most of the costs are calculated on the basis of the Super Built Up Area, and not the Carpet Area of each apartment. This includes the thickness of walls, the area of balconies and terraces and your share of the Common Areas (1.1.x, 11.j).

Standard Payment Terms: You are responsible for taxes such as the Property Tax, Wealth Tax, etc. and you will bear the Stamp Duty and Registration Fee (section 6, 16.1,). After you are issued the Occupancy Certificate (OC), you will take over the responsibility of paying the Municipal Taxes (17.1). You are also responsible for compliance with relevant norms, if you are a Non-Resident Indian. (Section 7).

You are free to take a loan for the purchase of the apartment. If the Agreement to Sell is executed before you secure the loan, the amounts and due dates in the agreement remain unchanged whether you obtain your loan or not (Section 9). See the list of our partnering banks

We will deliver the apartment according to our standard specifications, unless agreed otherwise. The exact specifications can be found in Annexure 4 of your contract. (Section 12)

We will deliver the common premises according to our specifications. (11.d, 12.)

We may periodically modify the common areas for improvement of the project. (11.f)

In case of intentional delay at our end, you may withdraw from the deal after a grace period of six months and request a refund of payments made until that point including a reasonable interest, or you may request that we pay you the interest for the period of the delay on top of the amount paid until that point (13.3-4; Interest: 1.1.j)

You do not own the apartment until the whole amount has been cleared. We retain the right to withdraw the offer from you and refund partial payments made until that point. (14.1; 30)

The Carpet Area of your apartment needs to be confirmed and adjusted after relevant authorities issue the Occupancy Certificate (OC), once construction is complete. If the carpet area changes at this point, we will adjust the difference in Total Sale Amount by requesting you to top up the difference or refund the extra amount to you, as and when applicable. (14.3)

When you take possession of the apartment, you accept that the apartment is completed as per specifications from our end. (14.4)

Upon notification that the apartment is ready for use, you will be required to pay the minimum electricity and water charges, property tax and maintenance expense fees within 15 days, whether you take possession or not. (14.5, 24.2-3) The amount you pay as deposit for maintenance starts being consumed from when the apartment is ready for possession. (24.4) If you don’t take possession or complete the purchase, you may have to pay additional holding charges (14.6)

Access to the Common House is granted at the decision of the Seller, and its continuation is dependant on adherence to all policies defined by the Seller, and dependant on timely payments of all maintenance and other recurring charges (20ii; 22.2)

Especially during your apartment fit-out, you will have to comply with all obligations and regulations set out by us, to avoid delay of the timely delivery of the project. (21.1)

Residents and apartment owners are not allowed, now or at any point in the future, to change the layout of their apartments. They are also required to maintain their apartment in a good shape at their own cost, and will be responsible for any damage to the common structure, infrastructure, and installations. (21.8. 21.9)

You may only begin your apartment fit-out works after the apartment has been handed over to you. (21.10)

We are free to allocate the parking lots based on our own decisions. Your parking space cannot be used for any other purpose except vehicle parking. (21.13)

The Association of Owners will eventually be formed and governed by the Deed of Declaration. (23.1-23.2) This association will be involved in administering the property. (23.3.-4.)

Your apartment, its designated parking lots, and your share in the common premises cannot be split into smaller parts. You cannot sell any part separately other than the whole. (21.6, 21.15-16)

You cannot opt out from contributing to the expenses of the common premises and the Common House amenities. (22.1,22.2, Schedule D 3).

Depending on when you move in, work may be ongoing in adjacent buildings or premises. While we'll do our best to minimise dust and noise, as you are now aware of this limitation, you agree not to delay work in any way. (21.17)

What you pay for the Total Sale Amount (at the point of sale) does not include fees for direct usage of services or facilities and possible future additional charges for improvements, renewal or upgrades of facilities. (22.2)

You have no legal right to obstruct development (25)

We are responsible for defects up to 5 years from when we issue the Occupancy Certificate (OC). Reasonable wear and tear are not considered defects (29a)

Full text of the Agreement to Sell is available upon request.
essential policies
Below is a summary of property policies that will be binding for all residents and cannot be opted out from. Please review the list and don't hesitate to get in touch with your questions if any of the policies are particularly important to you and your family. Please mind that the current list may not be final - you may want to request an updated version at the time when you are requesting your proposal or executing the Agreement to Sell. We hold the right to add and adjust policies in the future.


CULTURAL AND DIETARY DISCRIMINATION
The property welcomes both vegetarian or non-vegetarian residents. We will not place any restrictions on residents that choose to buy an apartment on the same floor as yours.

SECULAR POLICY
The property welcomes residents of all faiths and worldviews. Residents of all faiths will be allowed to celebrate their festivals within the Common Premises, within reasonable boundaries, without compromising the comfort of other residents.

PET POLICY
Pets are welcome on the property, subject to respecting the comfort of other fellow residents who may not be pet-enthusiasts: Pets but must always be on leash with masks while on the property outside your home, and must never be left unattended. Dog-walking must always be carried out outside the premises. It is mandatory to pick up after your pets. Only use the service lift while with pets.

SMOKING POLICY
In order to protect well-being of non-smoking residents, smoking is allowed only in designated area on the ground floor. Smoking in balconies is not allowed.

DOMESTIC HELP POLICY
For improved security and safety of residents, all domestic help, including full-time maids/cooks, will be required to wear standardised name badge when moving around the property, so that they can be easily identified as authorised staff. All domestic help have to obtain police verification, for the purpose of which initial submission of their ID cards is mandatory.

WASTE DISPOSAL POLICY
Segregated waste will be collected in designated sealable bags. In an effort to make our property and community eco friendly, residents will be charged for garbage collection per garbage bag so as to encourage everyone to minimise the amount of waste. One designated garbage disposal bag a day is included in your regular maintenance fee.

EXCLUSIVITY OF COMMON PREMISES
In order to preserve the privacy and atmosphere of the Common House as an extension of your home, most of its premises will not be freely accessible to external guests. Permission for a guest to enter into the exclusive premises can be requested by a resident and we will control the frequency and number of guests invited.

COMMUNITY LIVING CULTURE
We strive to build a thriving community and promote warm, neighbourly relations. We expect and encourage our residents to be polite and being mindful of each other's presence in all common premises. In case of any conflict or issue with a co-resident, residents are required to approach the association committee to resolve the same instead of taking any action on your own.

MOVING IN AND OUT POLICY
Fit-out work in your apartment/Oversized delivery/Bulk furniture delivery will have to comply with our regulations and restrictions. Complete guidelines on our Standard Operating Procedure (SOP) will be provided at the point of Proposal or when executing the Agreement to Sell.
costsheet
BLOCK TYPE A TYPE B TYPE C TYPE D
Floor First Floor First Floor First Floor First Floor
UNIT NO. 101 102 102 101
CARPET AREA (SQ.FT.) 2,366 2,517 2,453 2,526
SUPER BUILTUP AREA (SQ.FT.) 3,381 3,357 3,505 3,558
RATE / SFT SBA (RS.)* 12,000 12,000 13,000 13,000
BASE VALUE (RS.) 40,566,600 40,282,800 45,559,020 46,256,470
COVERED CAR PARKING - 2 NOS. (RS.) 1,500,000 1,500,000 1,500,000 1,500,000
BASE VALUE WITH CAR PARK (RS.) 42,066,600 41,782,800 47,059,020 47,756,470
GST (RS.) 5,047,992 5,013,936 5,647,082 5,730,776
SALE VALUE (EXCLUDING DEPOSITS) (RS.) 47,144,592 46,796,738 52,706,102 53,487,246
OTHER CHARGES (APPROX.) INCLUSIVE OF TAXES (RS.)        
BWSSB AND BESCOM CHARGES/DEPOSITS 802,756 797,140 832,199 844,939
CORPUS FUND (NON-TAXABLE) 1,400,000 1,400,000 1,400,000 1,400,000
CLUB MEMBERSHIP CHARGES 1,500,000 1,500,000 1,500,000 1,500,000
GENERATOR (DG) CHARGES/DEPOSIT 100,000 100,000 100,000 100,000
MAINTENANCE (FIRST YEAR ADVANCE) 143,606 142,601 148,873 151,152
REGISTRATION AND STAMP DUTY at actuals at actuals at actuals at actuals
SUB TOTAL OF OTHER CHARGES (RS.) 3,946,362 3,939,741 3,981,072 3,996,091
GRAND TOTAL (COST TO CUSTOMER) (RS.) 51,060,954 50,736,477 56,687,175 57,483,337
* Rate for first floor. Additional charges of 100 Rs/sqft/per floor rise starting from 2nd floor apply.



1 Registration related legal fees etc. of Rs. 50,000/- has to be paid by customer.

2 Stamp duty & registration costs payable by customer as per actuals during the registration process (Stamp duty on base value + car parks).

3 BESCOM + BWSSB charges and deposits include external infrastructure costs for electricity, water and sanitary connections. All deposits are calculated as on this date. Any variation in the deposits, BWSSB, BESCOM charges and energy meter will have to be borne by the customer as and when applicable. Customer shall make payment on demand from the seller.

4 Maintenance estimated @ Rs. 3/- per square feet of super built-up area per month, will be payable for a year in advance before registration and handing over possession by way of Cheque/DD.

5 Corpus fund is a future contingency fund for the community & will be reviewed after 7 years.

6 All payments shall be in the name of Stumpp Schuele and Somappa Private Limited through - Account payee cheques / DD / Bankers pay order.



The above is an indicative timesheet. Prices are revised periodically on a quarterly basis. If you would like to receive a Proposal, contact us.
banks that we cooperate with
In order to accelerate your journey towards your new home, we have secured clearance of our project with a number of prominent banks. Upon submitting all the required documents, you can expect an outcome on your loan application within 7-10 days with the following institutions:


Federal Bank - Home
Contact person: Mr Praveen +91 98455 46501

Kotak Mahindra
Contact person: Mr Gopi +91 80505 90795

SBI
Contact person: Mr Sridhar +91 77608 83838

L&T Finance
Contact person: Mr Saadiq +91 98450 43011

ICICI


You are free to negotiate a loan with any bank of your preference. Please take into consideration when planning your project that banks not featured on the above list may take between 60-90 days to approve a loan, as they may not have conducted prior evaluation and provided clearance to our property.
If you are ready to take your journey towards living at Ananda further, please contact one of our team members requesting a proposal.

In order to create a proposal, we will need to agree on a concrete apartment that you are interested to buy. If you would like to see the concrete apartment and its views, please schedule a tour and let us know which apartment you are interested in.

If you have any changes required towards the Standard Specifications of the apartment delivery, please indicate so in your request, so we can take that into consideration when preparing the Proposal.

Should you be interested in commissioning any work with us, beyond the scope of the Standard Specifications, such as interior design, procurement of furnishings and the like, please let us know as well.

The proposal will contain a customised coststheet that will be reflective of your choices, and a set of legal documents for your review and due diligence needs.

Considering that our pricing is revised periodically on a quarterly basis, our Proposal shared with you is a time-limited offer. In order to accept the Proposal, you are required to pay a deposit of Rs 50,00,000 within 15 days of receiving the Proposal, and then transferring the entire cost of sale to our accounts within 3 months of receiving the Proposal. Thanks to the deposit, the apartment of your choice will be reserved for you for the duration of the three months, until the act of sale comes through.

At the point of paying the initial deposit, we will execute a binding document as proof of your consent with the following conditions:
  - Should you withdraw your interest, the deposit is refundable at 50% of its value.
  - Should you withdraw from the Proposal due to any issue identified in your due diligence or the legal documents put forward, the deposit is fully refundable, without interest.
  - Should you wish to proceed with the purchase but fail to pay the full cost of sale within three months, the Proposal becomes invalid and a new Proposal, subject to revised pricing, needs to be issued.

If you need some more time and information to decide - do not hesitate to book another tour - perhaps with your entire family and friends! Or, reach out to us with any questions you may have. We will be pleased to hear from you.