Terms & Condition

Payment Terms:-

Plan – I


    • Cheque / Demand Draft shall be made in favour of Phenomenal Projects (P) Limited payable at Patna


    • Booking – 10% of the total amount


    • Agreement – 40% of the total amount-within 30 days
      (Agreement between Company & Member on Rs. 1000 Revenue Stamp Paper)


    • Registry – 50% of the total amount – within the scheduled period given in writing in due course
      (Registry on actual possession of the Plot with demarcation by four pillars)


Plan – II


    • Agreement – 25% (10% – Booking and 15%- 1st Month) of the total amount


    • Thirty-Six post dated Cheques of 60% Payment.


  • Registry – 15% at the time of registry.

Refunds & Cancellation :-


    • Booking is non refundable/transferable/adjustable (except in case of default viz; fault in paper,possession from Company’s part


    • 20% of the total amount paid shall be deducted in case of cancellation at any stage other than booking


    • 15% of the total amount shall be charged as development charges on completion of the Govt. proposed road and canal
      (Development includes proper sewage system and PCC/RCC Road)


    • Interest shall be charged @ 2% per month in case of failure of payment on scheduled time


    • Rs. 500/- shall be charged on non-clearance of PDC due to any reason thereof.


    • 2% of total amount shall be imposed in case of three consecutive failures/ non-clearance of PDC.


  • All disputes shall be settled within Patna jurisdiction only