DLF The Dahlias Payment Plan – Exclusive 4-Year Payment Option

DLF The Dahlias Payment Plan: Exclusive 4-Year Payment Option

DLF The Dahlias is a newly launched super-luxury residential project located on Golf Course Road, Sector 54, Gurgaon. The project features high-rise apartments offering spacious 4, 5, and 6 BHK units, with sizes ranging from 9,500 to 16,000 sq. ft. Prices start at ₹66 crores. DLF The Dahlias offers an exclusive 4-year payment plan with a 30:15:15:40 structure. Read below for more details.

1st Year – 30%2nd Year: 15%3rd Year: 15% 4th Year: 40%
10% – Booking Amount7.50%7.50%10% – Application of OC 
10% – 6 Months7.50%7.50%10% – Received OC
10% – 12 Months20% – Post-Handover (Registry)

Year 1: Initial Booking & Early Installments (Total: 30%)

The first year focuses on securing the buyer’s commitment and initiating the project. We make payments in three installments, each representing 30% of the property’s cost.

  • 10% – Booking Amount: Payment made for booking the unit, such as an apartment, office, or shop. Represent the buyer’s serious interest and secure their chosen unit in the project.  Payable at the time of booking to secure the unit.
  • 10% – After 6 Months: The second payment six months from the date of booking keeps the client involved and earns additional money to invest in future work. Developers may issue a demand letter to collect this payment, referencing project progress. 
  • 10% – After 12 Months: The third installment, twelve months from reservation, finishes Year 1 payments and finishes further construction. Likely linked to milestones like foundation completion or structure starting, like lower floors.

Year 2: Construction Progress Payments (Total: 15%)

The second year involves two equal installments of 7.5%, totaling 15%, linked to mid-construction.

  • 7.5% – 1st Installment of Year 2
    This payment is for continuing construction, structural progress like structure completion or floors.
  • 7.5% – 2nd Installment of Year 2

The second year’s payment is for continuing construction, probably additional floors, external walls, or other structural features.

These two payments, combined at 15% in total, are spread over the second year, linked with construction-like structure completion or floors.

Year 3: Continued Construction (Total: 15%)

Year 3 is the same as Year 2, two payments of 7.5% per annum, 15% in total, for the construction period and work completed.

  • 7.5% – 1st Installment of Year 3

Funding internal building works, like electrical fitting, plumbing, or brickwork. Building structure is substantially complete, and interior finishes and systems are the priority. Developers’ reports on progress, such as completion of internal walls or utility installations, to stay updated to the buyers.

  • 7.5% – 2nd Installment of Year 3

Enables further internal work such as floors, decoration, or paint. The building is almost complete, and internal services and finishes are more essential. Delays at this stage could impact possession timelines, requiring communication with the developer.

Similar format to Year 2, but with building and internal works still in progress.

Year 4: Completion & Possession Phase (Total: 40%)

In the final year of the project, there are three installments of 40% for completion of the project, legal fine, and possession.

  • 10% – At Application of OC (Occupancy Certificate):
    They are required when the builder applies for an Occupancy Certificate (OC), a legal certificate stating that the building is safe and suitable to live in. Application for the OC is the final stage approaching, building as per rules.
  • 10% – On Receipt of OC:
    Paid only on delivery of OC formally, when the property shall be legally occupied. It is a key stage for enabling buyers to take possession and developers to hand over units. 
  • 20% – Post-Handover/Registry:
    The rest of the payment will be given only on takeover of the unit. Takeover will be a formal takeover, as a walk-through would normally be done to view the unit.

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