Terra Woods is anticipated to provide a payment plan developed by Emaar properties that will make the end user as well as investor Buyers convenient. So, instead of paying the entire amount upfront, buyers can secure their units in a construction-linked plan with a booking amount and then several payments at regular intervals during its development. The remaining balance is generally to be paid on completion or handover so buyers can enjoy affordable instalments and greater financial freedom. That structured welcome of a property will not only make the cost and purchase process less stressful for investors, but also can help them cashflow just in time to realize any introduction-phase appreciation.
Attractive 80/20, Installments Payment Plan
| Installment | Payment (%) | Milestone |
|---|
| Down Payment | 10% | On Reservation Date |
| 1st Installment | 10% | Within 2 months from reservation date |
| 2nd Installment | 10% | Within 8 months from reservation date |
| 3rd Installment | 10% | Within 14 months from reservation date |
| 4th Installment | 10% | Within 19 months from reservation date |
| 5th Installment | 10% | Within 24 months from reservation date (On 50% Construction Completion) |
| 6th Installment | 10% | Within 30 months from reservation date (On 70% Construction Completion) |
| 7th Installment | 10% | Within 37 months from reservation date (On 90% Construction Completion) |
| Final Installment | 20% | On Handover |