Agreement of Sale- plot | |
Installment | Payment schedule |
Booking amount | 1,00,000/- |
First Installment | 20% of Sale Consideration with in 7days from the date of the booking |
Final installment | To be paid within 30 days from the date of the booking |
Agreement of construction | |
Booking amount | 10% of Sale consideration on Agreement |
Margin Amount | 10% of Sale Consideration to be paid on Commencement of Footings |
First installment | 20% of Sale Consideration to be paid on Commencement of Ground Floor Columns |
Second installment | 30% of Sale Consideration on completion of Ground and first floor RCC slabs |
Third Installment | 20% of Sale Consideration on completion of Ground and first floor Brick work |
Fourth Installment | 5% of Sale Consideration on completion of flooring |
Final Installment | 5% of Sale Consideration on completion of the house |