30% · 24 × 2.5% · 10%
The China Center payment plan, explained
Every unit on the developer's inventory sheet, shop, food-court unit or apartment, is on one structure: 30% down payment, 24 instalments of 2.5% each (60% in all), and 10% on possession. The instalment schedule is confirmed at booking.
- Down payment
- 30%
- at booking
- Instalments
- 24 × 2.5%
- 60% in all
- On possession
- 10%
- the final payment
- Smallest instalment
- 1,00,000
- Rs, on a 100 sq ft shop
How the 30 / 24 / 10 structure works
You pay 30% of the price at booking. The next 60% is split into 24 equal instalments, each exactly 2.5% of the price. The last 10% is paid on possession. 30% + 24 × 2.5% + 10% = 100%, and every figure on the developer's sheet is a whole number of rupees.
The sheet does not state how often the instalments fall. The schedule, with dates, is confirmed at booking: ask for it in writing before you pay.
The plan at every listed price
Each line is a price printed on the developer's inventory sheet, with the figures printed beside it. Instalment schedule confirmed at booking.
Worked examples
LG45 (100 sq ft) is Rs 40,00,000: Rs 12,00,000 down, then 24 instalments of Rs 1,00,000 each, and Rs 4,00,000 on possession.
G29-A (100 sq ft) is Rs 55,00,000: Rs 16,50,000 down, then 24 instalments of Rs 1,37,500 each, and Rs 5,50,000 on possession.
713 (450 sq ft) is Rs 67,50,000: Rs 20,25,000 down, then 24 instalments of Rs 1,68,750 each, and Rs 6,75,000 on possession.
FC10 (570 sq ft) is Rs 2,28,00,000: Rs 68,40,000 down, then 24 instalments of Rs 5,70,000 each, and Rs 22,80,000 on possession.
Paying the developer
The developer's commercial payment plan asks for cheques and pay orders in favour of Creation Developers (Pvt) Ltd. Pay by traceable instrument, never in cash, and keep the receipt for every payment.
Older brochures show different plans and rates; this site uses the developer's current inventory sheet only. A corner premium may apply to some shops; please confirm with us before you book.
Questions buyers ask
What is the China Center payment plan?
30% down payment, 24 instalments of 2.5% each (60% in all), and 10% on possession. It applies to every unit on the developer's current inventory sheet. The instalment schedule is confirmed at booking.
How much is each instalment?
Each instalment is 2.5% of the price. On a Rs 40,00,000 shop that is Rs 1,00,000; on a Rs 67,50,000 apartment, Rs 1,68,750.
How often are the instalments paid?
The inventory sheet does not say. The instalment schedule is confirmed at booking; ask for it in writing before you pay anything.
Who do I make payments to?
The developer's commercial payment plan names Creation Developers (Pvt) Ltd as payee for cheques and pay orders. Confirm the payee in writing at booking.
