The 60/40 payment plan for Island Park is convenient, as it involves paying 5% as down payment, 55% till construction, and the remaining 40% on completion. Considering the starting prices of the residential units, you now have a good opportunity to acquire one of the residences, without having the need to take any stress. In short, you will find it easy to become a proud owner of an upscale unit.
Easy 60/40 Installment Payment Plan
Installment | Payment | Milestone |
---|
Down Payment | 5% | On Booking |
1st Installment | 5% | Within 6 months from booking |
2nd Installment | 10% | Within 12 months from booking |
3rd Installment | 10% | Within 17 months from booking |
4th Installment | 10% | After 20% construction completion |
5th Installment | 10% | After 40% construction completion |
6th Installment | 10% | After 70% construction completion |
Final Installment | 40% | On Completion |