Terms & Conditions
Last Updated: February 2026
By accessing this website, you agree to be bound by these terms and conditions. If you disagree with any part of these terms, please do not use our website.
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Customers can opt for the Best Advantage Scheme based on their requirements with the available financial institutions. They are required to pay their own contribution as applicable under the selected scheme and as per the financial institution’s guidelines. The Developer shall not be responsible for loan rejection, delay in sanction, or change in lending terms by the financial institution.
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Stamp duty and registration charges are to be paid separately. Any government levy, increase in statutory charges, or revision in applicable taxes after the date of booking shall be borne by the customer.
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This scheme is applicable only for residential projects, only to selected units, as may be specified by the Developer.
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The scheme is available with select financial institutions only. Availability of the scheme is subject to continued association and approval from such financial institutions.
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Loan eligibility, fund percentage, interest rates, and sanction are solely at the discretion of the financial institution. The Developer makes no representation or warranty regarding loan approval or terms.
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Disbursement of the due amount will take place within 7 days upon submission of the registered document. Such timeline shall be subject to the internal processing timelines and policies of the respective financial institution and completion of all documentation requirements.
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Loan application charges and fees will be applicable as per the financial institution’s policies. All ancillary charges including processing fees, insurance, legal fees, technical valuation fees, and other incidental charges shall be borne solely by the customer.
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1% TDS (or as applicable) is to be paid by the customer within one month of Agreement registration. TDS is part of the agreement value. Non-payment of TDS and any penalties incurred will be the sole responsibility of the customer. The customer shall provide valid proof of TDS payment to the Developer within the prescribed statutory timeline.
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Mantra reserves the right to modify or withdraw this scheme at any time without prior notice. However, benefits already confirmed in writing for eligible bookings made during the scheme period shall be honoured, subject to compliance with the scheme terms.
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Booking is subject to the clearance of the token/booking amount. In the event of dishonour, delay, or non-realization of the booking amount, the booking shall stand cancelled without further notice.
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In case of cancellation for any reason, applicable cancellation charges will apply and will be borne by the customer. Cancellation charges and refund timelines shall be governed by the terms of the Agreement for Sale and applicable RERA provisions. Any benefits extended under this scheme may be adjusted at the time of cancellation.
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Each financial institution's scheme has its own specific terms and conditions. Customers are required to consult with the bank representative for a detailed understanding of the applicable terms. Customers are advised to seek complete disclosure of all relevant terms and conditions from the financial institution representative prior to making any financial commitments or decisions. The Developer shall not be liable for any representation, commitment, or assurance made by the financial institution or its representatives.