Allegro Aureus - Ongoing Project

Q) Where is ALLEGRO AUREUS located?

A) ALLEGRO AUREUS is located on Vas Lane (Falnir) in the heart of Mangalore.

Q) How far is ALLEGRO AUREUS from Hampankatta Junction?

A) 1km – Straight Concrete Road.

Q) How far is Mangalore Central Railway Station from ALLEGRO AUREUS?

A) 1.5 Kms.

Q) Banking

A)
HDFC Bank
Canara Bank
State Bank of India Main Branch
Federal Bank.

Q) Worship Places

A)
Noor Mosque
Ehasan Masjid
Milagres Church
Sharavu Ganapathi Temple

Q) Schools

A)
St.Mary’s School
Milagres School & Pre University College
St.Agnes School and College
St. Aloysius School College and Institutions
St. Theresa’s School

Q) Other Important Places

A)
City Centre Mall
Fr.Mullers Hospital and Medical College
Kasturba Medical College Hospital - Attavar
University Medical Centre - Jyothi
Unity Hospital
Mangalore Nursing Home
High Land Hospital
Indira Hospital
Hotel Moti Mahal
Maya International
Hotel Goldfinch
Hotel Taj Gateway
Vasan Eye Care Centre
Dominos
Subway etc.

Q) What is the Composition of ALLEGRO AUREUS?

A) ALLEGRO AUREUS comprises 35 residential apartments from the first to 10th floors.

Q) How many apartments are there on each floor?

A) There are 3 To 4 apartments on each floor consisting of 2 BHK, 3BHK and 4 BHK.

Q) What are different types and sizes apartments?

A) There are following types of apartments.

  Types   Floor   Super built up area
  2 Bed room   1st to 5th floor   1195,1215,1280,1300 & 1395 sq.ft
  3 Bed room   1st to 9th floor   1560,1660,1665 &1715 sq.ft
  4 Bed room   6th to 9th floor   3070 sq.ft
  4 Bed Room Duplex   9 / 10th floor   2600 sq.ft
  5 Bed Room   10th Floor   4835 sq.ft

Q) What are the sources of water for ALLEGRO AUREUS?

A) City corporation pipe line. One Bore well.

Q) What is the availability of power for ALLEGRO AUREUS?

A) M/S. Mescom will be providing the power connection and there will be diesel generator set with a total capacity of 200 KVA for backup power. There is 100% back up power.

  Type of Apartment   MESCOM power (K.W)   Back up power (KVA)
  2 Bed Room -3 phase   4   100%
  3 Bed Room -3 phase   6   100%
  4 Bed Room Duplex-3 phase   8   100%

Q) Will there be a separate meter for each apartment?

A) There will be separate meter for MESCOM power and for back up power. The payment for back up power will made as per meter reading for each apartment and not on prorata basis.

Q) How many lifts are there in ALLEGRO AUREUS?

A) There are 2 elevators with automatic door having capacity of 10 and 13 passengers respectively. The elevator with 13 passenger capacity will be a stretcher lift and can also be used for taking luggage to the above floors.

Q) Is the building constructed as per the NBC for Fire Safety?

A) ALLEGRO AUREUS has provided for all the Fire Safety equipments and Safety measures as prescribed by NBC and has obtained NOC from the Fire Department.

Q) Is ALLEGRO AUREUS built as per BIS for the required seismic Zone?

A) Mangalore falls under the seismic zone III for earthquakes. ALLEGRO AUREUS structural design is as per BIS for seismic zone III.

Q) Is ALLEGRO AUREUS environmental friendly?

A) ALLEGRO AUREUS is providing the following-

  • Rain water harvesting.
  • Solar water heater to provide running hot water in all Bath rooms for all the apartments.
  • Abundant green area around ALLEGRO AUREUS.
  • Solar power for common area lighting and garden lighting.(only specific light points)
  • Green Construction material used wherever possible.

Q) Is there sufficient car parking for ALLEGRO AUREUS?

A) There are 40 car parks for 35 apartments and 10 nos of 2 wheeler parks.

Q) Is there separate parking for visitors inside ALLEGRO AUREUS?

A) There are 4 visitors’ car parks inside ALLEGRO AUREUS.

Q) Are all amenities only for apartment owner use?

A) All the amenities are meant for apartment owner’s enjoyment only.

Q) How do I make a booking?

A) You can contact either through email or in person by visiting our office. Once you choose your flat and finalise the rate you can book an apartment by giving an advance of Rs.5 lakhs.

Q) When do I get the confirmed allotment?

A) On payment of 25% and handover of all Post Dated cheques for all installments. Agreements will follow within 7 days after confirmation of allotment.

Q) What is the maximum loan I can avail from bank for an apartment?

A) You can avail a loan up to 80% of the total cost including Stamp Duty VAT & Service Tax.

Q) Can we get extra car parks?

A) At the end of the project in case any extra car parks are available, we can provide you an extra car park at additional cost.

Q) How do we select car parks?

A) Car Parks have to be selected by the client on first come first serve basis. It is recommended that you select the car park early. There are two types of car parks. Viz: standard and large. The standard car park is 2 ½ mtrs x 5 mtrs. The large car park is 3 mtrs x 5 mtrs. Please check the rates for the standard car park and large car park from the builder. You can select the car park on First Come First Serve basis from the availed large and standard car parks.

Q) How do I benefit if I pay 50% or 100% down payment or lump sum amounts?

A) Yes, you can pay lumpsum or 100% down payment. Any payment received ahead of the schedule will be entitled for a rebate @12% per annum basis for those numbers of days for which the payment has been received in advance of the scheduled date.

Q) How are installments to be paid and is it time bound?

A) Installments are to be paid by way of Post dated cheques which is a pre-condition of the allotment. The schedule of payment is mentioned in the pricing chart. The payment is not linked to the progress of construction but on a time bound basis as the delivery date has been established. If cheques are dishonored the booking stands automatically cancelled.

Q) Can I pay quarterly installments, instead of bi-monthly installments?

A) Installments can be paid quarterly but on the first due date of the Installment to match our payment schedule.

Q) Will there be validity for the Price list?

A) The prices are subject to change from time to time without prior notice. Please check with the office for validity of prices.

Q) What happens if I cancel my booking?

A) Why would you want to miss out on such an unprecedented product offering? However, if you do cancel after booking, then Rs.200/- per sq.ft will be forfeited as a cancellation fee along with the actual brokerage fee, if any and the balance will be returned within one month without interest. However the VAT and Service tax paid on your apartment can be refunded only for the last 6 months installments. VAT & Service Tax collected for installment collected prior to 6 months is not refundable.

Q) When does the development start and when can I expect to move into my new home?

A) Construction has commenced in March 2015 and your new home will welcome you in February 2018.

Q) Can two flats be bought and combined into one flat?

A)Yes, You can. (Wherever possible)

Q) Are modifications permitted in the apartments?

A) Modifications and alterations are permitted at extra cost subject to our approval.

Q) What is the provision provided for AC/Chimney?

A) Provision for a split AC only will be provided in all Bedrooms and Living Room & provision for chimney will also be provided.

Q) Is the title of the property clear?

A) The land is freehold, marketable and free from all encumbrances.

Q) Has the Corporation sanctioned the plans?

A) The development plan has been sanctioned as per NBC.

Q) What are the types of Agreements to be signed by the Purchaser?

A) Standardized Composite ‘Agreement to Sell’ and ‘Construction Agreement’ will be issued to the purchaser. This will be followed by the Sale Deed on completion of the project/registration.

Q) What is the process of Registration and when does Registration take place?

A) Registration will be done only on completion of the development and on payment of entire sale consideration including the additional amounts. Registration will be facilitated by us only through an advocated appointed by ALLEGRO.

Q) Has the project been approved by HFI’s for loan?

A) Yes, certainly we will ensure that the project will be approved by all the leading HFI’s.

Q) If I am to avail of a HFI loan, why do I need to issue Post dated cheques?

A) Yes, you will be required to issue Post dated cheques which is mandatory to avail an allotment. On receipt of loan sanction letter from your bank the commensurate cheques will be returned to you.

Q) What is the scheme of Maintenance?

A) The scheme for maintenance is as under: We will collect an advance sum of Rs.1/- per sq.ft per month basis for the first year and from second year onwards the maintenance charges will be decided by the Association formed by the Owners.

Q) What are the usage charges for recreational areas?

A) As an apartment owner you are entitled to use all the recreational facilities. However, you will be required to pay a user fee for use of the facilities as decided by us/Association

Q) What are the taxes to be paid by me?

A) All statutory levies and taxes as applicable and any future taxes if applicable will be required to be paid by you.

Q) Do I get to know about the work progress of the project at site?

A) Yes, our website will be updated on a monthly basis with regards to work progress at site.

Q) What happens if I have any more questions/clarification?

A) Please email us at allegroventures@gmail.com or meet us at ALLEGRO BUILDERS & DEVELOPERS, UG II -5, Maximus Commercial Complex, Light House Hill Road, Hampankatta, Mangalore -575001.

Q) IS THIS THE RIGHT TIME TO INVEST IN REAL ESTATE

A) Real Estate Sector Investment has been constantly out performing other classes of asset. Along with the Indian economy the real estate sector has shown tremendous growth potential. The city of Mangalore is the second fastest developing city in the country as per Knight Frank, India. Mangalore is a very fast developing city with a planned investment of more than 30000 crores in the industries, IT Sector, Infrastructure project etc. Mangalore has a very good transport network not only with the rest of the country but also internationally with a new International Airport having many domestic and international flights; a major sea port; railways and very good road connectively. Mangalore will be boasting of 5 Shopping Malls out of which 4 are functional and one is under construction. The State Government is promoting Mangalore as a major Tourist destination with projects like International Golf Resort, Marine aquarium and an International Cricket Stadium. Mangalore has world class educational institutions and more and more colleges are added every year. All the roads are getting widened and concretized. Mangalore is soon going to develop as a Smart City. Mangalore junction railway station will be developed as a World Class Railway station. Mangalore is poised to become a preferred destination for investment offering very good returns in the years to come.





































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