Allotment Letters indicating amount to be paid in each installment will be issued in such a way that generally a clear period of 45 days is available to the Registrants for arranging payment. The pattern of payments will generally be as given below:-
Percentage of Estimated Cost of DU + Parking Space
Last Date of Payment
Less Regn Fees
Normally within 45 days of the likely commencement of the work.
Normally at six monthly interval after last date of payment of first installment. It may vary depending upon the period of completion of project as per the contract etc.
Normally three months before contractual probable date of completion.
Note : the percentage shown above, may vary depending upon payment schedule of land cost.