JaganAnna Smart Townships ONLINE Apply Website JAGANANNA SMART TOWNS APPLY ONLINE. CM YS Jagan has launched the JAGANANNA SMART TOWN Website. All the Aspirants who wants to APPLY for Jagananna Smart Township Layout Plots have to APPLY Online through the Official JAGANANNA SMART TOWN Website at
Payment by the Allottee JAGANANNA SMART TOWNS:
- After concluding agreement, the allottee shall pay the instalments as per the Schedule given below (balance remaining after initial 10% paid with Application)
- 30% of the sale price of Plot within (1) One month from the date of concluding agreement.
- 30% of the sale price of Plot within (6) six months from the date of concluding agreement.
- Balance 30% within (12) Twelve months from the date of concluding agreement or at the time of Registration whichever is earlier
- 5% rebate shall be provided to the applicant who pays 100% sale price of plot within one month from the date of concluding agreement.
- Simple Interest of 0.5% per month for the pending amount shall be collected for late payment for each stage.
- Cases defaulting beyond a period of three months for each shall be reviewed by the Urban Development Authority and where allotments are to be cancelled, 10% of the amount paid till date in addition to the initial deposit of 10% will be forfeited and balance amount shall be returned without interest.
- The Government reserves the right to alter timelines for completion of project in case of any unforeseen exigencies.
- Upon receipt of entire sale price of plot, the plot shall be registered in favour of the concerned allottee immediately by the Development Authority concerned. In case of allottee who have paid the entire sale price within one month to avail the 5% rebate facility, the registration of the plot has to be done preferentially. The registration costs shall be borne by the allottee.
- Plot Owners Association shall be formed for the Project concerned under the aegis of the Development Authority upon completion of the Project.
- For each Project, a Corpus fund by the Plot Owners' Association will be set up by provisioning it in the sale price of Plots and this corpus shall be kept in an ESCROW account opened and operated jointly in the name of Plot Owners’ Association of the concerned Project and the Development Authority concerned for the maintenance of the Layout.
- Family is comprising of wife, husband and unmarried daughters and sons.
Standard Size of Plots
|
S. NO |
TYPE |
SIZE OF PLOT |
|
1 |
MIG-Ⅰ |
150 Sq.Yards (33' X 41') |
|
2 |
MIG-Ⅱ |
200 Sq.Yards (36' X 50') |
|
3 |
MIG-Ⅲ |
240 Sq.Yards (36' X 60') |
Payment Schedule
|
S. NO |
TIME LINE |
% OF AMOUNT TO BE PAID |
|
1 |
Along with Application. |
10% of the total amount |
|
2 |
Within one month from the date of Allotment. |
Agreement |
|
3 |
Within one month from the date of concluding agreement. |
30% of the total amount |
|
4 |
Within six month from the date of concluding agreement. |
30% of the total amount |
|
5 |
12 months from the date of agreement or at the time of
registration whichever earlier. |
30% of the total amount |
Eligibility Criteria
1.One Plot per family.2. Annual Household Income: Up to Rs.18,00,000.
3. Age: 18 Years and above.
4. Shall be a resident of Andhra Pradesh.
5. The Applicant shall possess a valid Aadhaar Card.
Key Features
1. Clear Title.2. Well Planned Layout.
3. Affordable Price.
4. Built-in Corpus Fund for maintainance of layout.
5. DTCP Approved.
6. RERA Registered.
Facilities And Infrastructure
- 40’ - 60’ Wide BT Roads
- Foot paths
- Open Space for Play and Public Utility
- Provision for Water Supply
- Provision for Under Ground Drainage
- Storm Water Drainage
- Tree-lined Avenues
- Street Lighting
- Provision for Amenities
Frequently Asked Questions
1. What is a family?
A beneficiary family is defined as comprising of wife, husband and unmarried daughters and sons.
2. What should be the Annual Household Income of the Family for getting eligibility in MIG Layouts?
Family having annual Household Income Up to Rs.18,00,000 only eligible.
3. Whether initial amount of 10% is mandatory?
Yes, 10% of the sale price of the plot is mandatiry along with application.
4. What if I won't get plot in the lottery?
In case the plot is not allotted in the lottery, the initial payment made by the applicant would be refunded within one month without interest.
5. What if I won't pay the pending amount of the next stage?
Simple Interest of 0.5% per month for the pending amount will be collected for late payment for each stage.
6. What is process for refund of amount paid?
Cases defaulting beyond a period of three months, 10% of the amount paid till date in addition to the initial deposit of 10% will be forfeited and balance amount shall be returned without interest.
Click Here for JAGANANNA SMART TOWNS Official Website
Posts
