Century Midtown Payment Schedule
The Century Midtown payment schedule offers buyers a convenient, simple way to pay for their properties in instalments. The well-structured schedule is laid out over four years. A total of 24 payments are to be made by buyers. They will have five payments a year with GST to be paid with the instalments.
The details of the payment schedule for the Century Midtown project are:
- Instalment 1:strong> Buyers have to pay 10% of the total cost with GST when they book a property.
- Instalment 2: On the date of allotment, buyers have to pay 10% of the cost with GST.
- Instalment 3: In the three-month grace period after booking, buyers have to pay 9.75% along with GST.
- Instalments 4 to 24: Buyers have to pay 3.25% with GST in 21 instalments every quarter. It is to be paid until the possession date.
- Final Instalment: The final payment of 2% with GST is to be paid by buyers when they receive notification of property possession.
The payment schedule shares how buyers can make payments in small instalments. It helps make these more manageable, and buyers can spread them out over time. The Century Midtown payment schedule helps people buy their dream homes with monthly EMIs. It makes it much simpler for them to repay home loans.
The project has well-laid-out payment schedules that suit all budgets. These are designed to provide buyers with the means to obtain luxury properties in the township. Before deciding on which plan suits them, buyers can discuss these with their banks. Based on their eligibility, banks will disburse home loans.
The payment schedule will allow buyers to book their chosen apartments or plots in the township. They can pay for these in a stress-free manner by following the clear guidelines laid out. The plans include all charges that are to be paid. The schedule follows the progress of construction until completion in October 2030.
The schedule for payment comes into the picture once a property is chosen by the buyers and booked. On paying the booking amount, the plot/apartment is confirmed to the buyer. The builder gives all the legal papers to the buyers. These are then processed, and the sale agreement is drawn up to be signed. It has details such as:
- Plot/apartment number
- Specifications of property
- Details of car parking
- Total cost of property
- Total built-up area
- Property UDS
- Details of amenities
- Date of possession
The township project is in the pre-launch stage. The builder will make the payment schedules of Century Midtown public after the launch of the project. These are flexible and designed to ease the pressure on buyers. It will allow them to pay in easy instalments that will align well with their financial situation.
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