Once allotted and agreement signed, the prices are firm. All payments by Demand Draft or local cheques favouring Capital Builders payable at Kottayam. Individual houses will be completed within 18 months of obtaining the individual building licence. Possession shall be given to the customer only after settling all the dues to the company. Capital Builders reserves the right to accept or reject any application. Statutory deposits, building tax and sales tax to be paid by the buyers. Also, the deposits for power, water and House Owner's Association, share of cost of transformer and its cabling, construction workers welfare fund and other deposits. All transactions are subject to Kottayam jurisdiction only. Documentation On allotment, an agreement to construct will be executed between the builder and the purchaser. The contract value in the agreement covers the cost of the land, development, building and other common infrastructure. Registration charges and incidental expenses for the registration of land will be to the buyer's account, to be paid at the time of registration.


Rules and regulations
Capital Builders is a time bound project. In case payments are not made as per agreement signed, the builder reserves the right to cancel the allotment, in which case the amount will be returned without any interest, only after the re-allotment to another party.


Payment details
    Payment to be made in five installments
    On booking:30% of the total cost + VAT
    On completion of foundation: 25% of the total cost + VAT
    On completion of ground floor roof slab: 25% of total cost + VAT
    On completion of first floor roof slab: 19.5% of total cost + VAT and other deposits
    On handing over: 0.5% + VAT