New Projects

1. What is the nature and location of Bougainville project?

Bougainville is a right living community consisting of 4 residential Apartments being developed in 10.428 Cents of land. Located at Varapuzha, Kochi, it is just 700 m. off the NH 17. The community is designed around the concept of the Right Living and with lots of open spaces and amenities.

2. What is the concept around which the project is designed?

Bougainville is conceived and designed on the concept of Right Living, which is evolved of homes designed and built based on three basic elements which could lead and guide one to peaceful living- the right living space, the right living community and the right living environment.

3. What are the notable distinguishing features of the project?

• Each individual home designed with adequate light and ventilation, in order to avoid air conditioning.
• Two large Verandah styled balconies facing two different directions
• All bedrooms have good views and cross ventilation
• 2 apartments in each floor make exclusivity and lots of common space
• Bay windows, which enhance and extend the ambience and conveniences of rooms
• Well-designed pantry clubbed to the kitchen
• Drying balcony, which is integrated into the design
• The water supply is supplemented by rain water harvesting.
• The waste water recycled for flushing and garden irrigation
• The sewage treated using a decentralized waste water treatment System unit
• The landscaping design suited to the topography and soil condition of the site
• Health club, children's play area, lots of open areas and indoor recreation, which foster and imbibe the togetherness of the community

4. Has the structure been designed in compliance with Earthquake codes?

Yes, the structure is designed in accordance with relevant earthquake criteria, including but not limited to IS 1893, IS 13920, IS 4326 and IS 875.

5. What is the power allocated to each apartment?

Power allocated is 6 KW for each apartment.

6. What is the source of water?

Ground water and Kerala Water Authority (KWA) connection. Ground water from within the property and KWA source is used to provide water to individual apartments. All incoming water is treated, stored and distributed to individual homes. To conserve the use of water, all effluent is treated to tertiary conditions for reuse in landscape irrigation and flushing. Rainwater is also collected for use after treatment and excess rainwater is used for selectively recharge and preserve ground water resources for the future.

7. Is the title of the property clear?

Yes, the title is freehold, marketable and free of encumbrances.

8. How do I get an allotment?

Fill the booking application form (which could be downloaded from www.rightlivinghomes.com gallery) indicating your choice of home.Submit the application form along with the booking amount.Allotment will be made on a first come first serve basis.

9. What are the documents to be executed on allotment?

Agreement for sale - for sale of undivided share in land

Construction Agreement - for construction of the home

Sale Deed - will be executed in favor of the purchaser before hand over

10. Who will maintain the project after the construction?

The management of the common areas and other infra structural facilitiesof the project after the construction shall be with the Owners Association which will be formed thereafter. Membership in the Owners Association is compulsory for all apartment owners.

11. How is the monthly maintenance charges arrived at?

Monthly maintenance charges are the maintenance expenses which are shared among the owners as decided by the Owners Association, which include expenses for maintenance of common areas, common facilities provided, machineries or equipment's, provided for common use including the salary of the staffs and security personnel.

12. What are the other expenses which the home buyer has to bear apart from the apartment price?

The apartment cost includes one covered car parking cost as well with no extra cost. Other expenses to be borne by the buyer include all local taxes, sales tax, building tax, Construction Workers welfare Fund, Service Tax, and other statutory payments in respect of the construction carried out, Electricity Connection charges including KSEB deposit, Water Connection charges including their deposit, cost of transformer and cabling charges and for, extra work, if any to be borne by the buyer. Also the cost of stamp paper, registration charges, legal and miscellaneous expenses in connection with the registration of the undivided share of the land are to borne by the buyer as well.

13. On what basis is the home payment is scheduled?

The payment schedule of the home is linked to the construction stage of the project. The price and the booking of the home are confirmed on receipt of the booking amount of the home. The Sale and Construction Agreements are raised on receiving 20% of the value of the home plus taxes, before the foundation work of the project starts. The balance payment to be paid in the following stages as a percentage of the value of the home plus the taxes applicable:

On completion of foundation 20%

On completion of Respective Home Roof Slab 20%

On completion of Respective Home Block-work 15%

On completion of Respective Home Flooring 10%

On completion of Respective Home Finishing works 10%

On Registration / Handover 5%

14. How should the overseas buyers make the payments?

Overseas buyers should make their payments through normal banking channels, amount payable at Kochi. All overseas purchases are required to ensure compliance with the rules and regulations of the Reserve Bank of India.

15. Can I avail a home loan for buying a home at Bougainville?

Yes, you can avail home loan. Banks and financial institutions finance up-to 80% of the value of the home repayable over a period of 20 to 30 years, depending on your earning capacity and your age.