This plan reduces upfront costs while keeping payments tied to specific construction milestones. It starts with just a 5% down payment upon booking, followed by a series of small quarterly installments during construction, and concludes with a 40% payment on project completion. It’s designed to keep buyers financially flexible while investing in a premium property.
Installments | Payment (%) | Milestones |
Down Payment | 5% | On Booking |
1st Installment | 15% + 4% DLD* | On Signing the SPA |
2nd Installment | 5% | 3 months after SPA (quarterly) |
3rd Installment | 5% | 6 months after SPA (quarterly) |
4th Installment | 5% | 9 months after SPA |
5th Installment | 5% | 12 months after SPA |
6th Installment | 5% | 16 months after SPA |
7th Installment | 5% | 19 months after SPA |
8th Installment | 5% | 21 months after SPA |
9th Installment | 5% | 24 months after SPA |
Final (10th) | 40% | On Project Completion |
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