New Metro City Gujjar Khan is a new development project that is being developed by BSM Developers. The project is located in Gujjar Khan, and it features a range of residential and commercial plots. The development charges for the plots were recently announced, and they were found to be quite high. Some investors have raised concerns about the high development charges, and they have called on the developers to reconsider them.
In response, the developers have said that they are committed to providing a high-quality product, and that the development charges are necessary to cover the costs of development. However, some investors remain unconvinced, and they continue to express their concerns about the high charges.
The development charges for the plots at New Metro City Gujjar Khan are as follows:
- 3 lac per marla for 5 marla plots
- 2.5 lac per marla for 7 marla plots
- 2.95 lac per marla for 8 marla plots
- 2.75 lac per marla for 10 marla plots
The payment plan for the plots is as follows:
- 25% down payment
- 75% in 24 equal installments
The development charges are payable in addition to the purchase price of the plot. They cover the costs of infrastructure development, such as roads, electricity, and water supply. The developers have said that they are committed to completing the development of the project on time, and they are confident that the high development charges will be justified by the quality of the product.
However, some investors are concerned that the high development charges will make it difficult to afford to buy a plot at New Metro City Gujjar Khan. They have called on the developers to reconsider the charges, or to offer a more flexible payment plan. The developers have said that they are open to discussing the matter with investors, but they have not yet made any changes to the development charges.
It remains to be seen whether the high development charges will have a negative impact on sales at New Metro City Gujjar Khan. The project is still in its early stages of development, and it is too early to say what the long-term impact of the charges will be. However, the concerns raised by investors are valid, and the developers will need to address them if they want to ensure the success of the project.