Auro Sapphire Payment Plan
The Auro Sapphire payment plan makes buying a premium apartment easy and stress-free. Buyers pay in stages based on how the construction moves forward. The plan starts with 10% at booking. Next, buyers pay 20% at the time of signing the sale agreement. After that, 10% is paid when foundation work begins. The remaining amount is paid in small parts during slab completion stages until possession. This payment plan clearly shows how much to pay and when to pay at every stage. It is easy to understand and helps buyers plan their money smoothly without any stress.
Step-by-Step Payment Schedule of Auro Sapphire
The Auro Sapphire payment plan follows a construction-linked instalment model where payments are spread across major construction stages as the building takes shape. Here's how the schedule works:
- Booking Amount – 10%
At the time of booking your desired apartment, 10% of the total property price is payable. This amount secures your chosen unit in the project.
- Agreement Signing – 20%
Within 30 to 45 days after booking, you pay 20% of the total property value at the time of signing the sale agreement. This stage finalises the legal terms and officially records the transaction between you and the developer. By completing this payment, you formally secure your apartment.
- Foundation Commencement – 10%
When construction begins at the site and foundation work starts, you pay 10% of the total apartment cost. This payment connects directly to on-site progress and assures buyers that the project has moved into the active construction phase.
- Slab Completion Stages – 5% Each
Auro Sapphire uses a slab-wise payment structure for the superstructure stages. At each significant slab completion milestone, such as the ground floor slab, second floor slab, fourth floor slab, and successive levels up to the top floor, 5% of the total property price is due at each stage.
- Finishing & Flooring – 5%
Upon reaching the internal finishing stage, including flooring and essential works inside the apartment, 5% is payable. This instalment reflects progress in preparing the unit for final touches.
- Handover & Possession – Final 5%
The last instalment of 5% is payable at the time of handover and possession when you receive the keys to your new home. This stage ensures that a portion of the payment remains until delivery is complete.
Additional Charges & Buyer Costs
Apart from the instalment payments linked to construction progress, buyers should also plan for a few additional costs that are not included in the base apartment price. These charges are standard and usually apply at different stages of the purchase.
- GST (Goods and Services Tax): A 5% GST applies to the property as per current government rules.
- Registration and Stamp Duty: Buyers must pay these charges at the time of registration, based on Telangana state regulations.
- Parking and Amenities Charges: Charges for dedicated car parking and access to the 60,000 sq. ft. clubhouse.
- Floor Rise: Units on higher floors typically command a premium per square foot.
Why This Payment Plan Helps Buyers
The Auro Sapphire payment plan makes home buying easy. Buyers do not have to pay a large amount all at once. Instead, payments are spread out over different stages of construction. Each payment is linked to construction progress, so it is easy to understand when a payment is due. This clear plan helps buyers manage their money better, avoids confusion, and builds confidence by matching payments with real work done at the site.
