After a lot of
conversation on Lodha Group’s Codename Full Moon for the past few days and the
application window opening tomorrow, this is the ideal time to understand the
best way to get the best deal out of LCFM.
The process that is
being followed is similar to the one followed by Lodha in Codename Blue Moon in
January. All the applicants need to give their preferences and the allocation
will be done by an algorithm on a first come first serve basis.
Lodha has already
started distributing physical forms and an e-version of the form can be
downloaded on their website
www.lodhacodenamefullmoon.com. The applicant needs to fill all the details in the form along with a
minimum 2 and maximum 3 preferences of flats i.e select a preference code based
on the desired configuration, floor band and consideration value band.
With very limited
number of flats being open for sale and a huge demand expected from the market,
it becomes very difficult for one to get the first preference allotted. Hence,
my objective is to get you master the game of this preferences based allocation
Steps to get the best deal!!
1.
First of
all, fill in all the details in the form and carefully go through all the T
& Cs.
2.
Fill in
all the 3 preferences available in the form depending on your desired
configuration, floor band and budget range.
3.
Opt for
the master preference code. This would make you eligible to get an allocation
in the nearest band if none of the 3 filled preferences are available.
4.
Opt for
higher floors for better chances of allocation. It is likely that the demand
will be higher for lower floors as market is abuzz with the ticket sizes of
these floors.
5.
A higher
floor above the 30th also gives you an advantage of additional floor
rise waiver. Hence, if budget permits, always opt for the flat in the highest
floor band
6.
In addition,
try to opt for larger units if budget permits, as a general tendency of
applicants is to be conservative and opt for smaller units.
Summing up, the
following table gives you an ideal way to fill preferences in order to increase
your chances of getting a desired unit allotted. (The number in bold indicated
the preference code.)
Also, since this time
there is no penalty on withdrawls or cancellation within the stipulated window,
it makes for a very low-risk avenue, where the reward is getting a residence at
the best value in the best development in South Mumbai, making it a definite
win.
Budget
|
1st Preference
|
2nd Preference
|
3rd Preference
|
>4.5 Cr
|
203 (3 BHK 31-55
floor)
|
202 (3 BHK 21-30
floor)
|
201 (3 BHK 8-20
floor)
|
4.2 – 4.5 Cr
|
201 (3 BHK 8-20
floor)
|
103 (2 BHK 31-55
floor)
|
102 (2 BHK 21-30
floor)
|
3.8 – 4.2 Cr
|
103 (2 BHK 31-55
floor)
|
102 (2 BHK 21-30
floor)
|
101 (2 BHK 8-20
floor)
|
3.5 – 3.8 Cr
|
102 (2 BHK 21-30
floor)
|
101 (2 BHK 8-20
floor)
|
|