NOTICE

Dear Sri/Smt.

            The Managing Committee is happy to inform the allottees of the    A, B, C, D, H, J & K Blocks that the construction work of XIV Venture floated at Attapur is moving at a faster phase, necessitating timely mobilization of funds to complete the project as per schedule i.e., by December 2013. In respect of members who are availing Bank loans, the schedule of payment has been finalized in consultation with the bank authorities as shown below:-

PAYMENT SCHEDULE

            1.         Footings                      -          40 %( including land cost)

            2.         Cellar/Stilt Slab           -          10%

            3.         Floor/Roof Slab          -          20%

            4.         Brick work/plastering  -          15%

            5.         Flooring & Fittings     -          10%

            6.         Final Finishing            -          5%

            Accordingly funds are released by the Bank from time to time as per the progress of the work. Similarly members who have opted for    Self-Finance shall also strictly adhere to the above schedule, so as to enable the Society to complete the Project on time. All six slabs, brick work and plastering is scheduled to be completed before July 2013. In view of the above, members who have opted for Self-Finance are required to remit their dues on par with the bank releases.