The flexible payment plan of Melia by Arada Developer allows various financial profiles to obtain luxury living opportunities. People who purchase homes through this payment plan must first pay an initial down payment before making periodic installments that conclude before handover. After handover delivery the developer enables residents to pay their home investment gradually through various payment options, the option may vary however as given below.
Attractive 40/60, Installments Payment Plan
Installment | Payment (%) | Milestone |
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Down Payment | 5% | On Booking Date |
1st Installment | 5% | Within 30 days from booking date |
2nd Installment | 5% | Within 5 months from booking date |
3rd Installment | 5% | Within 9 months from booking date |
4th Installment | 5% | Within 13 months from booking date |
5th Installment | 5% | Within 17 months from booking date |
6th Installment | 5% | Within 22 months from booking date |
7th Installment | 5% | Within 28 months from booking date |
Final Installment | 60% | On Handover |