Latest News

New Launch


AFOWO proudly launches
Luxury Villas at

Majkhali, Ranikhet.


 

Project Updates


Raksha Addela
Sector 16C, Greater Noida West

Booking Open
Construction Update
 

Raksha Towers
Sector 68, Gurgaon


Raksha Towers Micasa project work progress is highly satisfactory. Latest photographs for your info
>> See Updates
 

Raksha Towers
Sec 1 Noida Extension



Tower A - External Plaster and interior finishing work in progress.
Tower B - Construction of 15 floors completed
Tower C - Construction of 11 floors completed

Cost of Dwelling Unit


 
The cost of dwelling units offered by AFOWO varies for different schemes in different cities depending upon the area, location and other factors. After the completion of Demand Survey, AFOWO announces a project with its technical details as well as the cost per square feet. In regards to the cost of the dwelling units, it may be noted that:
 
1. Cost of Dwelling Unit in a scheme, when announced, is tentative and includes all costs incurred for the execution of the scheme, such as cost of land, financing cost, cost of construction of dwelling units, community hall, parks, path-ways, water tanks, electrical substation, water pumping arrangements, lifts etc.
 
2. The tentative cost also includes establishment charges, legal fees, incidental and unforeseen contingency charges, contribution to Reserve Fund, Maintenance fund, Depreciation Reserve Fund, taxes etc.
 
3. The charges to be paid to the government including the External Development Charges (EDC) and Infrastructural Development Charges (IDC), are charged as per actual.
 
4. Other charges like Prime Location Charges (PLC), Club Membership, Power Backup etc are mentioned while announcing a new project or scheme.
 
5. The cost of operation and maintenance of common facilities/services, including lifts, pumps, transformers, etc. shall be apportioned in ratio of the super area of the dwelling unit.
 
6. The Basic Sales Price (BSP) of the dwelling unit, all charges enumerated above, and other charges, if any, shall be clearly mentioned in the Builder Buyer Agreement (BBA).
 
7. Since AFOWO works on ‘No Profit No Loss’ basis, the entire cost including escalations, if any, will be distributed amongst the dwelling units.
 
8. AFOWO may call for payment of part cost of land in advance. Those who make such payment will get priority over others in booking of dwelling unit.