LODHA PANACEA FAQ

• In Lodha Panacea between 5 towers construction is going on, the gap between towers.
  5 feet for earthquake security.
• What is RERA means?
  Real Estate Regulator Authority – This was formed to bring about transparency in the real estate sector.
• Lodha is doing construction or some other company?
  Soft wall after the 35th floor.
• How much I should save for down payment.
  Generally, 80% is down payment. but as per bank norms, you’ll get a loan as per market value’s 80% of the project. 95% on agreement value
• If I stay on the ground floor, why I have to pay the maintenance.
  There is no flat on the ground floor, there is only parking i.e. stilt parking. Maintenance is not related to the floor but it is related to building maintenance (B-cam)and clubhouse maintenance (S-cam). Building maintenance is 3 rupees per square feet. you pay maintenance to your society.
• KDMC approved or TMC approved.
  KDMC approved but after it is approved with MMRD approved too. Because this project is a special town planning project, therefore, it is approved by MMRD.
• What is PMAY Scheme?
  This is the scheme by the government, if your property is less than 700 square feet then you’ll get 2.67 interest credit in your account where the lady applicant is mandatory and this has to be the first home of the borrower.
• What are the stilt parking charges?
  3.5L will be added for both the 1, & 2 BHK + taxes then it goes up to 4L price.
• Drainage line connection queries?
  There is 4k staff and this project is approved by MMRD and this project is properly managed to the external point which has been handled by the engineering team.
• Want two car parking?
  You can get only one car parking but if you want second than you have to talk with our CRM at the time of possession.
• A modular kitchen will get because we are not giving AC.
• Solar power is not available.

Other Project Details:

1. Lodha Excellus Mahalaxmi
2. Lodha Costiera
3. Lodha Exclusive
4. Lodha Venezia
5. Lodha Palava
6. Lodha Amara
7. Lodha Luxuria Priva
8. Lodha Upper Thane
9. Lodha New Cuff Parade
10. Lodha Quality Homes

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