H4A Projects Pvt. Ltd is promoting its maiden Project “Spring County” at Sugavachatiram, Sriperumbadur, Chennai. The Project is strategically located within 2 Kms from National Highway 4 within the Proximity of Major companies like Samsung, Dell, Caparoa, Motorola, Saint Gobain, Hyundai and host of manufacturing companies. The Project is situated within 4 Kms from the proposed green field Second International Airport and 500 Mts from the proposed Chennai- Bangalore Industrial Corridor. The site is a 27 Acres DTCP approved layout with approved building plans from competent authority with well laid roads with proximity to schools and hospitals. This entire layout can house around 2000 families.
The Project is promoted under the Pradhan Manthri Awas Yojana Scheme (PMAY Scheme) for Economically Weaker Section (EWS) and Low Income Group (LIG) whose income is less than 6 lakhs per Annum. Under PMAY scheme, first time home buyers are given a credit linked subsidy up to 2.2 lakhs by the Central Government through banks. This 2.2 lakhs subsidy reduces the cost of the apartment by 20 percent making it economically viable and affordable for people normally not eligible for financing and owning a life style cool apartment.
This Single Bedroom Cool Life Style Apartments designed as “Architecture for Society” by renowned architects and promoted by experienced professionals are Priced at 11.75 Lakhs all inclusive. The monthly repayment (EMI) will work out to around Rs 6500 per month depending on the profile of the customer and his/her credentials and tenure of loan of the customer. The Apartments commands aesthetic specifications in terms of Flooring tiles, Bathroom tiles, Kitchen interior, high quality emulsion paints and UPVC windows and good quality Plumbing and Electrical fittings. The Complete layout comprises of Parks, Community hall and proposed shops in future.
Customers in the category of around RS 14000 to 50000 Rs per month income group qualify for financing from the approved banks with requisite credentials.
2. CONTENTS
LOCATION MAP
SITE LAYOUT
BUILDING ELEVATION
FLOOR PLANS
PROJECT FEATURES
PRADHAN MANTHRI AWAS YOJANA SCHEME
COST OF APARTMENT
EMI CALCULATION
3. LOCATION
SRIPERUMBUDUR
SUNGVACHATRAM
TOWN
• 45 Kms from Chennai
• 20 Kms from
Ponnamalle
• 20 Engineering
Colleges
• Proximity to Schools,
Hospitals and Colleges
• Sugvachatram Town
• 2 Kms from National
Highway
• Factories and
Corporates
• 500 Mts from Chennai
Bangalore Industrial
Corridor Highway
• 3 Kms from Proposed
International Airport
8. Project Salient Features
Undivided Share of land (UDS) of 300 Sqft
for every apartment
Apartment size of 360 Sqft
Living/Dinning, One Bedroom, One toilet,
Kitchen and Balcony
Eight Apartments in One ground of plot.
4 Apartments in Ground Floor and 4 in the
first floor. Only 8 Houses in 1 block of
construction with Compound wall
Only Ground Plus one floor construction
Parks and Proposed school, Community
hall and Shops in the layout
Wide 40, 30 and 23 ft roads
➢ Expandable Polystyrene
Panels to reduce the heat
inside the house
➢ RCC Structure
➢ 2* 2 Vitrified Tiles
➢ Standard Electrical and
Plumbing fittings
➢ UPVC Windows
➢ Acrylic Emulsion Paint
➢ Granite top kitchen
counter with 2 ft Dado
tiles
EXPANDABLE POLYSTYRENE
PANELS
THERMALLY INSULATED – REDUCES THE
TEMPERATURE BY 7 TO 10 DEGREES –
Naturally Cool Homes
Fire Resistant, Anti termite proof,
Earthquake Resistant, Sound Proof
9. PMAY SCHEME
– PRADHAN MANTRI AWAS YOJANA SCHEME
EWS – Economically Weaker Section - < 3 Lakhs Salary
Per Annum
LIG - Low Income Group - < 6 Lakhs Salary Per Annum
First Time Home Buyers get 2.2 Lakhs Credit Linked
Subsidy from Government – 2.2 Lakhs will be credited to
the home loan amount reducing the Principal and
reducing the monthly repayment by 2100 Rs
Remaining Amount to be Financed by Banks
10. COST OF APARTMENT
Rupees
COST OF APARTMENT 1175000
MARGIN MONEY 117500
LOAN VALUE 1057500
PMAY GOVERNMENT SUBSIDY 220000
LOAN VALUE AFTER SUBSIDY 837500
APPROXIMATE EMI PER MONTH 6600
Government Subsidy of 2.2 lakhs given for
First Time Home Buyers
Loan Value and Margin Money may vary
depending on the Profile
Loan and EMI are calculated for 30 Years
Tenure taking the age as less than 40 Years
Loan Tenure will come down based on age and
Proportionately the Monthly Payment will go
up.
Aaadhar Number required for Processing
Government Subsidy
Interest Rate is taken as 8.65%. EMI will differ
based on Interest rate
ELIGIBILITY
1. EMPLOYMENT PROOF
2. BANK STATEMENT FOR 6 MONTHS
3. 3 MONTHS PAY SLIP
Cost Incudes :
Registration/stamp duty
Charges, Applicable Taxes, EB
Deposit , Approval fees and
Deposits and Other Charges
