According to Cove Grand by Imtiaz Developments, a very flexible payment plan is presented which is quite favourable to the investor. Customers stand to gain through an initial booking offered competitively after which they have a number of convenient option on payment instalments up to actual completion. The plan is personalized to suit both the end-user and investors with the plan set so that the financial comfort is the greatest.
Option-1, Attractive 50/50, Installments Payment Plan
Installment | Payment (%) | Milestone |
---|
Down Payment | 20% | On Booking Date |
1st Installment | 5% | Within 3 months from booking date |
2nd Installment | 5% | Within 6 months from booking date |
3rd Installment | 5% | Within 10 months from booking date |
4th Installment | 5% | Within 13 months from booking date |
5th Installment | 5% | Within 17 months from booking date |
6th Installment | 5% | Within 22 months from booking date |
Final Installment | 50% | On Handover |
Option-2, Attractive 70/30, 3 Years Post-Handover Payment Plan
Installment | Payment (%) | Milestone |
---|
Down Payment | 20% | On Booking Date |
1st Installment | 5% | Within 3 months from booking date |
2nd Installment | 5% | Within 6 months from booking date |
3rd Installment | 10% | Within 10 months from booking date |
4th Installment | 5% | Within 13 months from booking date |
5th Installment | 5% | Within 17 months from booking date |
6th Installment | 5% | Within 22 months from booking date |
7th Installment | 15% | On Handover |
Easy Installments | 30% | For 36 months (2.5% quarterly) after handover date (Post-Handover) |