Terms of Payment in Stages

At SFS Realities, Developers & Builders, we believe in transparent and structured payment processes. Payments for projects are collected in stages, ensuring that clients are charged based on the progress of the development.

Stage 1: Booking/Finalization (10%)

• Upon finalizing the property, an initial booking amount is collected (10% of total project cost).
• Includes initial administrative charges.

Stage 2: Agreement Execution (20%)

• Post-signing the agreement, 20% of the project cost is collected.
• Government taxes, stamp duty, and legal fees are applicable.

Stage 3: Foundation Work Completion (20%)

• When foundation work is completed, 20% of the project cost is due.
• GST and other overheads are included.

Stage 4: Structural Framework (20%)

• Once the structure is in place, 20% payment is collected.
• Includes government charges, registration fees, and statutory charges.

Stage 5: Finishing Stage (20%)

• At the finishing stage, 20% payment is required.
• Covers final interior and exterior finishes and applicable GST.

Stage 6: Possession/Handing Over (10%)

• The final 10% payment is made at the time of possession handover.
• Any pending legal or other charges are settled here.

Each stage clearly outlines applicable taxes such as GST, stamp duty, and registration fees, ensuring full transparency in the payment process.