Nambiar District 25 Payment Plan
Nambiar District 25 payment plan is a method in which the buyer must pay 10% of the total property value, including GST, during booking to avail of an allocation letter. The remaining amount is paid within 4 years in simple installments.
With the right payment plan, buyers can own their dream home without any financial burden. The builders of Nambiar District 25 offer different payment plans to meet the needs of various buyers. It includes time-linked and construction-linked payment plans. The time-linked payment plan consists of 10 installments divided into 4 years, from November 2024 to December 2028.
The Payment Plan of any real estate project gives a detailed payment schedule, prices, and installments that the buyers should pay at a specific time during the project construction. It is an essential document for investing a large sum of money in an under-construction project.
The complete payment plan of Nambiar District 25, as per RERA guidelines, is given below;
- The buyer must pay 10% of the booking amount of the total cost of the property.
- The buyer must pay 10% of the total amount during the start of construction.
- Next, installments of 10% must be paid after the completion of 1st phase of the work.
- These charges continue until the completion of the construction, and a total of 70% of the project price will be paid.
- After completion of the development, an additional 15% of the total project value must be paid.
- 10% of the price will be charged during the construction of interior or electrical work.
- The remaining 5% of the price must be paid during the possession time.
Nambiar District 25 was built by Nambiar Builders in a prime region of Sarjapur Road in East Bangalore. The builders offer many payment plans which benefit both the buyers and the builders. Many national banks are partnering with the project to provide financial support for eligible buyers.
