SREYAS ENCLAVE is set on a 2-acre plot enclosed by a 6-ft fully fenced boundary wall with superbly designed villas having floor areas ranging from 2000 to 4000 sq ft.
All the villas have identical elevation as well as similar front wall and gate design.
Our endeavor is to see that the monthly common expense of your house is kept to the absolute minimum, with the major portion earmarked for efficient security service.
Sreyas consists of only villas and no multi-storey structures with flats or apartments.
There are 2 access roads to the property with two separate gates. Common facilities include round-the-clock Security and 5.5 metre tarred roads within the enclave leading to all the villas and the children's play-party area.
Progress Till Date This Enclave located on a 2-acre plot is well on its way to completion. The success of our Projects and the reliability of KCC are borne out by the fact that 95% of the buyers of SREYAS VILLAS are Non Resident Indians who have placed their faith in us.
They are from various countries such as England, Germany, Switzerland, Italy, Kuwait, Oman, UAE and the United States of America.
It may be of interest to the buyers of Sreyas that one of the clients of Sreyas is a German Architect, Uwe Linke, who visited many Villa projects in Kerala before deciding to settle for a Villa in Sreyas in Kottayam.
Date of Completion:
The Villa will be completed and keys handed over within 18 months of signing the agreement of construction and payment of stipulated payments.
Bank Loans
Sreyas Project has been approved by State Bank of Travancore, ICICI and HDFC. Buyers can avail up to 80% of the total cost from the Banks, depending on the assessment of the eligibility to repay the loan. The Banks require the following documents from NRIs:
1. Salary Slip/Certificate
2. Bank statements for the immediate past 6 months.
3. Details of NRE Accounts in India, if any.
4. 2 passport-size photographs
5. Copies of Visa and Passport.
The State Bank of Travancore has informed us that the Equal Monthly Installment (EMI) for the different periods are as follows:
1. 8 years (96 months) - Rs.1478/per month.
2. 10 years ( 120 months) - Rs.1280/p.m
3. 12 years (144 months) - Rs.1152/p.m.
4. 15 years (180 months) - Rs.1029/p.m.
The EMI shown above is per lakh of Indian Rupees.
Payment Schedule
01.
On booking
-
Rs 50,000/-
02.
On execution of construction Agreement & Registration of Sale deed for land
-
35% of total cost
[Less booking amount]
03.
On completion of Foundation
-
15% of total cost
04.
On completion of First Floor slab
-
15% of total cost
05.
On completion of Second Floor slab
-
15% of total cost
06.
On completion of Plastering
-
20% of total cost
07.
On handing over
-
Statutory deposit and expenses.
What are the additional costs to be paid by the buyer?
The total price includes cost of land and villa with finishing described in finishing details. Additional costs to be paid by the buyer will include:
Expenses for registration of sale deed.
Statutory deposits and expenses for obtaining electrical connection from the Kerala State Electricity Board.
Proportionate expense for Transformer & drawing electrical lines.
Statutory deposits and expenses for water connection from the Kerala Water Authority.
Expenses for laying telephone and cable TV connection, up to the building.
Expenses of obtaining municipal building number, Completion certificate and Assessment of municipal tax.
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