The Purchaser agrees to the following payment terms
Bank loans from People's Bank (Upto 65%)
Stage & Construction Detail
% Payment
Months
Booking Advance
Rs. 500,000
-
Stage 1 Completed
20% of the purchase price less booking advance is payable
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Stage 2 Completed
15% of the purchase price is payable
-
Stage 3 Completed
10% of the purchase price is payable
-
Stage 4
Completed
10% of the purchase price is payable
-
Stage 5
Completed
15% of the purchase price is payable
-
Stage 6 31st of October 2008
20% of the purchase price is payable
Time will depend on each apartment
Stage 7 31st of December 2008
10% of the purchase price is payable
-
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Purchaser agrees to comply with the CMC approved building plans, the specified design and details produced by the Developer. (Refer Ocean Edge Brochure)
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Structural alterations and changes to standard specifications will not be permitted.
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All cheque payments to be drawn in favour of “City Construction Contractors (Pvt) Ltd.”
