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FAQ

We’d be happy to address any queries you have. Most have been covered here. If you want to know more, contact us.

General FAQs

1. after execution and registration of an Agreement for Sale of a unit in any Triveni projects, what is the arrangement to facilitate contact between the purchaser and the promoter company?

An assigned CRM Executive will be the single point of contact for all queries related to Triveni Project. After possession, a facility team will help with further concerns.

2. Apart from the actual purchase price of any flat/commercial premises in a Triveni project, what are the additional amounts payable to the Triveni Company?

The additional amounts are:

  • Stamp Duty and registration charges payable on the agreement for sale
  • Legal charges
  • MSEDCL deposits and charges
  • Club membership charges
  • Service tax
  • Value added tax
  • Amount towards ‘Common Area Maintenance’ deposits and charges
  • Charges for any additional items of work or provision of any additional amenities in the flat /commercial premises

3. Can an advocate get inspection of all title documents for the property?

Yes, we provide all legal papers before we sign the agreement.

4. Can I make internal changes, if I buy two adjacent flats?

It is possible only if the structure of the building allows you to do so. Also, it can be done only at the earlier stage of the project and can’t be done once it’s ready.

5. Can residential flats be utilized as offices or for other commercial user?

No residential flat in any Triveni projects is permitted to be used for any purpose other than residential.

6. How is floor space measured?

23% on built up to carpet. We justify this by giving Auto CAD design.

7. How is the Stamp Duty payable on purchase / sale of any Immovable Property determined?

Stamp Duty is payable on ‘Government Market Value’ of property or the consideration agreed to be paid for purchase of the same, whichever is higher. In areas within the limits of the Municipal Corporation of Kalyan, the rate of Stamp Duty payable is 5% whereas for areas outside the Corporation Limits, the rate is 2%.

8. Is stamp duty payable on the market value of the property or on consideration as stated in the agreement? Also, who is liable to pay the stamp duty, the purchaser or the developer?

Stamp Duty, Service tax to be paid by purchaser as stated in the agreement.

9. What are non-occupancy charges?

No non-occupancy charges.

10. What is the definition of ‘carpet area’ of a flat?

‘Carpet area’ is the entire area measured from wall-to-wall excluding the thickness of all walls.

11. What is the definition of ‘carpet area’ of the terraces?

‘Carpet area’ of a Terrace is the entire area thereof measured from wall-to-wall excluding the thickness of all walls.

12. What is the definition of ‘saleable built-up area’?

The saleable built-up area of any unit is the actual area including the thickness of the interior / exterior walls, the area of any balconies or sit-outs at eye-level and adjoining terraces, and a certain percentage of the aggregate area of the common areas of the building in which such unit is situated.

13. What is the payment schedule for purchase of residential flat / commercial premises in any of the Triveni projects?

If the construction of the Project in which the flat / commercial premises is situated is in progress, the agreed purchase price is to be paid to the Triveni Infra in installments according to the progress of the construction of the building in which the flat / commercial premises is situated.

14. When can a purchaser of a unit in any Triveni Infra project sell their unit?

It is the policy of the Triveni Infra Group that after the full agreed purchase price of a unit together with all other dues has been paid to the Triveni Infrastructure and possession of the unit is handed over, then with prior written permission of the Triveni Promoter Company, the purchaser thereof can sell the same.

15. When does the unit agreed to be purchased becomes his / her property?

A duly registered Agreement for Sale coupled with possession effectively completes the de-facto title of such purchaser to the unit agreed to be purchased by him / her. However, in case of a co-operative housing society being formed by all the purchasers in the project, the land and all the buildings thereon are conveyed to the co-operative housing society. The purchaser of every unit in the project will be admitted as a member of the society and share certificate will be allotted to each purchaser. In the event a Condominium of Apartment Owners of all the units in a project is to be formed, a Deed of Apartment will be executed in favor of the purchasers of each unit, thereby conveying the unit together with a pro-rata undivided share in the land covered by the project and in the common areas and facilities thereof.

16. Which documents are to be verified before purchase of a flat?

  • Corporation Approval
  • NA Order
  • Title & search report
  • Draft Agreement copy
  • Any other documents if may be required

17. Which Law governs the sale of units by a promoter to the purchaser thereof?

All transactions are governed by the provisions of the Maharashtra Ownership Flats (Regulation of the Promotion of Construction, Sale, Management and Transfer) Act, 1963. Neither the promoter nor the purchaser can contract out of the said Act.

18. Will a car-parking space be allotted with all units in Triveni projects?

Depending on availability and other factors, the exclusive right of user of covered/open car-parking space/s situates under the stilts / podium / basement will be allotted to the purchaser of a unit.

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