Project FAQS
About Bank Loan
1. Cost of the each Flat?
Rs. 25,00, 000/- .
2. Are There Is Any Bank Loan Available?
Yes Available, Rs. 15, 00, 000/- to 21, 00,000/-*(Housing Loan) by State Bank of India and PNB
3. Rate of Interest. ?
As per concern bank disbursement rate (On Housing Loan)
4. Income Tax Exemption Available On The Emi's Paid?
YES
Check list for Bank Loan Process
| 1. Pan Card |
8. Residence proof of present address (Gas, Phone bill, Electricity etc) |
| 2. Adhar Card |
9. IT returns for last 2 years |
| 3. Photos | 10. Salary credit account statement for last 1 year |
| 4. Employer ID card |
11. Application form Housing Loan |
| 5. Salary slip for last 3 months |
12. Passport visa copy |
| 6. Company form 16 for last 2 years |
13. If any SPA copy applicable |
| 7. Present employment Joining Letter |
14. Any ID proof of residing country |
About Rental Payments
1. What is the yearly rental income and benefits?
1, 00,000/- Per annum
+ 30 days free stay per annum
+ Up to 3, 50,000/- Income Tax savings (Interest on housing loan under
Section 24B Rs.2, 00,000/-)
+ Repayment of principal under section 80C Rs.1, 50,000/-.
About free accommodation
1. 30 days accommodation, is that once a year or can be split in any season or time?
You can choose your 30 days at a time or 3 days a month’s or as per your need of
Stay in a year, it can be split as per your slots for 30 days in a year.
2 . Can an owner keep their flat without leasing to society?
Yes they can keep for themselves.
3. Can an Owner sell/Transfer ownership
• Enjoy ownership. As an owner, you may sell your Flat unit for capital gains or transfer ownership to a family member.
About Society -Land & Builders
4. Who are the main promoters of the project?
M/s. Mahiman (Hospitality Management Company )
5. Name and the district of the project?
SHIRDI.
6. Distance from Shirdi Sai Baba temple?
1 kms
7. Nearest Transportation facility.
Near Railway Station Shiridi
8. Is the lay out Approved by govt authorities?
YES
9. Who will maintain the venture?
M/s. Mahiman (Hospitality Management Company )
10. Can the member have his own choice of Flat?
YES
11. Is the Flat ready to Occupy
Yes , Position of the Flat ready to Live
12. Who will sign the rental Deed / Agreement?
M/s. Mahiman (Hospitality Management Company ), followed by sale agreement
13. What willbe the Monthly Maintenance Cost?
Rs.1200/- per Month
14. What is the Yearly Property Tax? ,
Rs.2000/- per Anum
15. What is processing fees for Legal and valuation ,inclusiving administrative chagres ? ,
Processing and Administrative Charges
1. First-Time Filing and Processing Charges
A fee of Rs. 25,000 will be charged for first-time filings and processing.
2. Change of Loan Application (Bank/Branch)
If you choose to change your loan application to another bank or branch, an additional Rs. 15,000 will be charged for legal valuation and administrative charges.
For any queries or further assistance, please contact:
marketing@sairaah.in
16. what is the cancellation fees on booking ? ,
Cancellation Policy for Flat Bookings
1. Cancellation Within 45 Days
No cancellation charges will be applied if you cancel your booking within 45 days from the date of booking.
2. Cancellation Between 90 and 180 Days
If you cancel your booking between 90 and 180 days from the date of booking, a cancellation charge of Rs. 1,00,000 (One Lakh) will be deducted.
3. Flat Interior Work Completed
If interior work on your flat has been completed, applicable GST will be deducted on the cancellation charges.
4. Interior and Appliances Charges
An estimated cost of 5% on interiors and appliances will be charged on Rs. 4,00,000.
This amounts to an additional deduction of Rs. 20,000 from your booking amount.
Note:
For any queries or to submit cancellation documents,or any legal notices please contact marketing@sairaah.in. Do not send any receipts, signed forms, or documents via WhatsApp for final payment processing.
17. what is the Maximum cancellation fees charges on booking ? ,
( Rs.25000 for intial processing, Cancellation Charges Rs.1,00,000/- and GST Rs.20,000/-) Total 1,45,000/-(Additional Rs15000/- if it is processed for second time in another branch Ie 1,45,000 + 15000 = 1,60,000/-
18. What is the timeline to get refund on booking cancellation amount ? ,
( Important Notice Regarding Flat Bookings and Registrations
Registration Deadline: If registrations are not completed, all bookings on flats will be considered in default and will be cancelled on April 30th, 2025.
Re-Sale of Cancelled Flats: Cancelled flats will be available for sale again between May 15th and June 15th, 2025.
Refund of Booking Amounts: Final settlements and refunds of booking amounts will be processed and paid between July 15th to 15th September, 2025.
For any queries or to submit required documents, please contact us at marketing@sairaah.in.
Please do not send any receipts, signed forms, or documents via WhatsApp for final payment processing,
19. Where can i contact for cancellations,bookings and refunds ? ,
(For any purchase, sale, or cancellation inquiries, please coordinate via marketing@sairaah.in. Applicants requesting cancellations should send their receipts, a duly signed refund application declaration form, and bank details to marketing@sairaah.in for claims. Do not send receipts, signed forms, or any other documents via WhatsApp for final payment processing.
20. legal grievances and jurisdiction? ,
( All legal grievances and jurisdiction for these matters will be under Ahmednagar, Shirdi. Any legal proceedings or disputes related to property transactions in this context will be handled in the courts of Ahmednagar, Shird, you can contact our legal team Mr.Sopankaka Gore at Rahata or send us a written notice to # Mr.Mahesh Chandra Awasthi, Suite No 112 , Sairaah Luxury Apartments, Gat No G.No-63/2,65/2,66 Plot no-1, A/P,Nimgaon, Korhale,Shirdi ,Maharastra 423109
21. Gift Vouchers and Lifetime Memberships
At Sairaah, we deeply value our clients and purchasers as high-value partners. We understand that sometimes financial challenges may arise, making it difficult to proceed with a purchase.
To support you during such times, we are pleased to offer a special privilege:
Lifetime Membership: Enjoy unlimited visits to our property without paying any room tariffs.
This membership acts as a compensation for cancellation charges or any penalty amounts.
Additionally, we provide gift vouchers as a token of appreciation and support.
We encourage all our clients to coordinate and support one another, fostering a strong and positive community.
Good wishes to all our valued clients!
Location Map 