How to Finance Your Dream Apartment at Birla Evara?
To finance your dream apartment at Birla Evara, buyers can choose easy finance options. One way is to take a home loan from banks like Aditya Birla Housing Finance Limited (ABHFL). A buyer can also use their existing property to get a Loan Against Property (LAP). Birla Evara also offers a safe payment plan. Buyers can pay in parts, starting with 10% of the total amount at the time of booking.
The Birla Evara Payment Plan gives buyers an easy and stress-free way to finance the units in small instalments. The plan is well-structured and spread over 6 years, with a total of 24 instalments. Buyers need to make 5 payments every year, including GST. The payment plan PDF will show all the instalments clearly. For buyers who book now, the payments will be made from February 2025 to January 2032.
Installment 1: At the time of booking, the buyer has to pay 10% of the total amount along with GST.
Installment 2: The second payment is also 10% plus GST, to be paid on a fixed date.
Installment 3: The third payment is 9.75% plus GST, to be paid within 3 months from the booking date.
Installments 4 to 24: The remaining payments are made every 3 months (quarterly) until possession. Each of these is 3.2% plus GST.
Final Installment: The last payment will be 2% plus GST, which needs to be paid before getting possession.
There are other modes as well to finance the homes at Birla Evara:
Birla Estates Partnerships:Birla Estates works with leading banks and financial companies. This makes it easier for buyers to get home loans.
Loan Application Process: Buyers can apply for a home loan directly with a bank or get help from the Birla Estates sales team.
Loan Eligibility: The bank will check your income, job, credit score, and other details to decide if buyers are eligible for a loan.
Discounts and Offers: Check for early booking discounts or special offers, especially during the pre-launch or launch period.
GST: The GST is usually included in the apartment price and will be added to your payment installments.
Legal and Financial Advice: It’s smart to talk to a legal or financial expert before buying an apartment. This helps you understand everything clearly before making a big decision.