|Type||1 BHK||2 BHK(COMPACT)||2 BHK|
|Size||488 sq.ft.||544 sq.ft.||636 sq.ft.|
|Price (All Inclusive)||19,52,000||21,86,000||25,44,000|
|Type||1 BHK||1 BHK||1 BHK||1 BHK|
|Size||531 sq.ft||571 sq.ft.||644 sq.ft.||698 sq.ft.|
|Price (All Inclusive)||20,73,000||22,23,000||24,96,000||26,98,000|
|Type||2 BHK||2 BHK||2 BHK|
|Size||753 sq.ft||777 sq.ft.||837 sq.ft.|
|Price (All Inclusive)||29,04,000||29,94,000||32,19,000|
|Type||3 BHK||3 BHK||3 BHK||3 BHK||3 BHK|
|Size||927 sq.ft||997 sq.ft.||1143 sq.ft.||1215 sq.ft.||1307 sq.ft.|
|Price (All Inclusive)||35,55,000||38,17,000||43,65,000||46,34,000||49,79,000|
The Standard Payment Plan enables the buyer to own a home with just 10% down payment for 1 and 2 BHK apartments. Based on the buyer's income and size range of the property, the buyer can avail a loan under the PMAY and make considerable profit, in a 30-year tenure period. This plan is ideal for investors with income of 1.50 Lacs and above per month, as they can enjoy Income tax benefits on interest and the principal repayment.
Note: Distant investors can make the best of the 'Property Management Services' offered at a very reasonable cost.
Find below the detailed benefits and gains of the Standard Payment Plan
|Buy under SPP||1 BHK||2 BHK(COMPACT)||2 BHK|
|EMI Period – 30 Years||11,595||12,881||15,410|
|Profit (Benefits of PMAY)||6,45,000||7,33,000||7,33,000|
Note: Actual figures may vary, as they have been rounded off for convenience in understanding.
The Assured Rental Plan involves a third party who can rent the home, which the buyer has invested in. The buyer remains the owner of the property with a 10% down payment and only needs to pay partial EMI, owing to the steady monthly rental income (for three years). The Rental Plan also eliminates the hassles of property management, risk of vacancy and charges like electricity & other common service charges.
Find below the figures for the Rental Plan
|Buy Under ARP||1 BHK||2 BHK(COMPACT)||2 BHK|
|Monthly Rental Income for 3 Years (At Rs. 9/Sq.ft.)||4,392||4,896||5,724|
|EMI Reduction in Percentage||38%||38%||37%|
Note: Proposed EMI can reduce in the future, as rents tend to increase with time.
Stay at Altair’s 1BHK / 2BHK(c) apartment for just ₹1,500 per month
Move into Altair’s 2 BHK apartment for just ₹2000 per month
No.1, City Link Road, Adambakkam, Chennai - 600 088