The post-handover payment plan for Cherrywoods Townhouses by Meraas gives you the opportunity to buy a unit of your choice. Just pay 5% as a down payment, 45% during the construction phase, and the remaining 50% after the handover in 60 months, and when you are done, it means, you are all set to live in an upscale home that is now made available at affordable terms.
Easy 50/50 Post Handover Payment Plan
Installment | Payment (%) | Milestone |
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Down Payment | 5% | Purchase Date |
1st Installment | 5% | Within 1 month from purchase date |
2nd Installment | 5% | Within 7 months from purchase date |
3rd Installment | 5% | Within 10 months from purchase date |
4th Installment | 5% | Within 13 months from purchase date |
5th Installment | 10% | Within 22 months from purchase date |
6th Installment | 5% | Within 25 months from purchase date |
7th Installment | 10% | On Handover |
8th Installment | 5% | Within 6 months post handover |
9th Installment | 5% | Within 12 months post handover |
10th Installment | 5% | Within 18 months post handover |
11th Installment | 5% | Within 24 months post handover |
12th Installment | 5% | Within 30 months post handover |
13th Installment | 5% | Within 36 months post handover |
14th Installment | 5% | Within 42 months post handover |
15th Installment | 5% | Within 48 months post handover |
16th Installment | 5% | Within 54 months post handover |
Final Installment | 5% | Within 60 months post handover |