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The buyer could get a reasonable discount if he/she pays above 50% of the cost of the house at a first payment. The discount is negotiable.
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| The commencement of this agreement will be from the completion of 25% advance payment date. |
| First Payment |
25% of the cost of the house, as an advance payment.
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| Second Payment |
25% of the cost of the house after completion of sub and super structure concrete work.
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| Third Payment |
25% of the cost of the house after completion of roofing, walling and two coats of plastering. |
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| Fourth Payment |
15% of the cost of the house after completion of third coat of plastering & two coats of painting.
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| Fifth Payment |
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10% of the cost of the house after completion and handing over of the house is made.
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| 15% VAT is to be added to all the above payments. |
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The buyer shall execute the above payments within 15 days after the submission of payment certificate by the seller and approval of the consultant appointed by the seller. |
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