The Hillgate by Ellington Properties has a flexible payment plan with investor friendly installment scheme and to insure a customer has his dream home. The payment format is usually a down-payment based structure that is affordable during the booking, and then the payment is staggered installments in several stages in line with the construction stages. Such an arrangement becomes quite convenient financially during the development phase and the final payment is to be made against the handover.
Attractive 70/30, Installments payment Plan
Installment | Payment (%) | Milestone |
---|
Down Payment | 20% | On Booking Date |
1st Installment | 10% | Within 60 days from booking date |
2nd Installment | 10% | Within 120 days from booking date |
3rd Installment | 5% | Within 240 days from booking date |
4th Installment | 5% | Within 360 days from booking date |
5th Installment | 5% | On Completion of 20% construction of the project |
6th Installment | 5% | On Completion of 30% construction of the project |
7th Installment | 5% | On Completion of 40% construction of the project |
8th Installment | 5% | On Completion of 50% construction of the project |
Final Installment | 30% | On Handover |