1. Where is The Point, Guindy located?
A. The Point, Guindy address is No.53 & 55, Five Furlong Road, Guindy, Chennai.

2. How do I get to The Point, Guindy and landmarks?
A.
  • Coming from Mount Road towards the airport, after passing ITC Grand Chola, take a left turn on the flyover heading towards the Madras Race Course, which gets connected to Velachery main road. Take a right turn at the Apollo Clinic signal to enter Five Furlong Road.
  • Coming from Velachery towards the Guindy railway station, take a left turn at the Apollo Clinic signal on the Velachery High road to enter Five Furlong Road.
  • Coming from Sardar Patel road, take left turn at Park Hyatt Hotel which gets connected to Velachery main road. Take a right turn at the Apollo Clinic signal to enter Five Furlong Road.
  • The project is situated 800m from Madras Race Course Club, 600m from Guindy railway station and 350m from Ashram school


3. What are the schools, hotels, departmental stores located near The Point, Guindy?
A. Refer our inforgraph for details on distances and time to locations from The Point, Guindy

4. What is the plot extent of The Point, Guindy?
A. The Point, Guindy project is located in a plot of 6.59 grounds.

5. How many apartments will be built at The Point, Guindy?
A. There will be 16 signature apartments built in stilt + 4 RCC framed structure

6. What shall be the saleable area of an Apartment?
APARTMENTS TOTAL SALEABLE AREA OPEN TERRACES PARKING SLOTS UNDIVIDED SHARE OF LAND
- SQFT SQFT SQFT SQFT
LEVEL 1 - - - -
TYPE A 2,360 37 2 1009
TYPE B 2,360 54 2 1009
TYPE C 2,275 37 2 973
TYPE D 2,275 54 2 973
- - - - -
LEVEL 2 - - - -
TYPE A 2,360 2 1009
TYPE B 2,360 2 1009
TYPE C 2,260 2 967
TYPE D 2,260 2 967
- - - - -
LEVEL 3 - - - -
TYPE A 2,360 2 1009
TYPE B 2,360 2 1009
TYPE C 2,260 2 967
TYPE D 2,260 2 967
- - - - -
LEVEL 4 - - - -
TYPE A 2,360 2 1009
TYPE B 2,360 2 1009
TYPE C 2,260 2 967
TYPE D 2,260 2 967
- - - - -


7. What are the details of Government approval for The Point, Guindy?
A. The Point, Guindy is approved by CMDA (Planning permit no.7814/B/SPL.BLDG./37AtoF/2013)
. The Point, Guindy is approved by the Corporation of Chennai (Building permit no. CEBA/CD13/00119/2013)

8. When will the completion certificate be obtained for the building?
A. Upon completion of the construction, as per the stipulated time of 24 months, we will apply for completion certificate from the concerned authority.

9. Are the titles clear? Can we see the documents / legal opinion from concerned authorities?
A. The Point, Guindy has clear title deeds with legal opinion by HSB Partners. We welcome you to inspect the documents any time on prior request.

10. When will the booking takes place?
A. Within 7 days from receiving the booking advance, allotment letter shall be issued along with the booking reference number.

11. When will the agreement for sale and construction be signed?
A. The agreement for sale and construction shall be signed from 30 days of the issuance of the allotment letter and receipt of stage payments.

12. When will you register the sale deed?
A. The registration of sale deed shall take place prior to handing over of the apartments.

13. At which sub-registrar office, registration shall be made for The Point, Guindy?
A. The registration of Sale deed shall be done in Velachery Sub-registrar office

14. What is the existing Guideline value for this property?
A. The guideline value as of March 2012 is Rs. 4000/- per sq. ft. However guideline value is subject to change based on Government policies. 15. What will be stamp duty and registration fee for registration of sale deed?
A. The stamp duty for registration of sale deed is 7% of the land value and the registration fee for the same is 1%. However stamp duty and registration fees are subject to change based on Government rules and regulations.

16. What will be stamp duty and registration fee for registration of Agreement of Sale and Construction?
A. The stamp duty for registration of Agreement of Sale and Construction is 1% of the value/cost of construction as per the certificate issued by the Engineer and the registration fee for the same is 1%. However stamp duty and registration fees are subject to change based on Government rules and regulations.

17. Can I assign the agreement to anyone else through Power of Attorney? If so, can you guide me with the process?
A. We shall surely help you in all paper works pertaining to Power of Attorney document.

18. How do I verify the structural design of the building?
A . M/s. Prasad Consultants and M/s.KSM Consultants are appointed as Structural Consultants. The copy of the stability certificate shall be issued to the Association at the time of handing over.

19. Who are the Architects designed The Point, Guindy ?
A . The Point, Guindy is designed by one of the Chennai’s renowned architectural firm M/s. KSM Consultants.
The other consultants involved in the creation of The Point, Guindy are M/s. Prasad Consultants for structural, M/s. Kausi Consultancy Sevices for Electrical & HVAC and the Plumbing Consultants is M/s. Prism Consultancy.
En3 Energy solution pvt. Ltd. Are the green building consultants.

20. What is the developer’s scope in the interiors of the apartment?
A .  The Developers interior scope includes flooring, toilets wall tile with sanitary and cp fittings, kitchen granite counter with sink and wall dado tiles, all internal doors, windows & ventilators with accessories, ceiling & wall painting, 3phase electrical supply wiring with modular switches and electrical and drainage provisions for air conditioners.

21. When will the construction commence and the expected date for completion.
A . We shall start the construction by April 2013 and expect to complete within 24 months.

22. What are the tentative timelines for completion of various stages of work?
ITEM % MONTH TENTATIVE DATE
- ---
Booking Advance 10%-Immediate
On Signing of Agreements 25%11/4/2013
On Completion of Foundation 15%431/7/2013
On Completion of Stilt Floor Slab 5%630/9/2013
Completion of First Floor Roof Slab 5%7.515/10/2013
Completion of Second Floor Slab 5%931/12/2013
Completion of Third Floor Slab 5%10.515/2/2014
Completion of Fourth Floor Slab 5%1231/3/2014
On Completion of Block work of Respective apt 5%1530/6/2014
Completion of Plastering of Respective apt 5%1830/9/2014
Completion of Internal Flooring of Respective apt 5%2030/11/2014
Completion of Internal Painting of Respective apt 5%2231/1/2015
On Handing over of the Apartment 5%2431/3/2015
On Handing over - Other Charges & Reimbursements -2431/3/2015

23. Can we combine 2 apartments into one large unit?
A. Subject to constructional, technical and statutory feasibility, 2 apartments can be combined to create one large unit.

24. What is the common area percentage in this project?
A.  The common area percentage on Saleable area is 16%.

25. Can I customize the Apartment? What would be the extent of customization possible?
A. You are allowed to Customize subject to technical feasibility. The scope of customization will be shared at the appropriate time.

26. Is the building Vaasthu compliant?
A. We have taken great care to make The Point, Guindy to comply with basic Vaasthu tenets.

27. What is the source for water and how is the quality? Whether the available water source will meet the demands of The Point, Guindy?
We have bore water & Metro water supply to The Point, Guindy. The present bore water quality is portable

28. What will be developer’s scope in maintenance?
A . Housekeeping & Janitorial
- . Mechanical & Electrical services
- . Pest control services
- . Horticulture services
- . Security services

29. What will be the maintenance cost per month?
A. The maintenance charges shall be Rs. 5 per sqft per month (exclusive of diesel costs)

30. How much is the booking advance for the Apartment? In what name should I give the cheque? Will I get any discount if I pay the full amount?
A. 10% of the apartment cost (refer payment schedule) is the booking advance. The cheque should be in favor of KSV Developers Private limited.

31. Will I get any discount for making advance payment?
A. We have special down payment discount schemes. Please contact the sales personnel for details.

32. If I cancel the booking, is there any cancellation charge applicable?
A . In the event of cancellation of the present allotment, please note that a sum of 10% of the paid up value will be charged towards cancellation charges and the balance amount shall be refunded, without any interest within a month from the date of receipt of the request for cancellation or after identifying a prospective purchaser and on receipt of the sale consideration from him/her, whichever is later. Please note that all sums collected and remitted towards tax and other governmental charges shall not be refunded.
- . In the event you wish to cancel the allotment after execution of the Sale Deed in your favour, please note that you shall be liable to re-covey the undivided share of the Project land to KSV Developers Private Limited or any nominee as suggested by us and all costs, including stamp and registration charges, involved in re-conveying the undivided share on the Project Land shall be solely borne by you.

33. I am an NRI; will you help me for a hassle free transaction?
A. Definitely, In fact for both NRIs and domestic buyers KSV has a well connected and smooth operational process in place. The Sales, Marketing & Customer Relations team will ensure that you have hassle free transaction with the company.