I received the new pay plan for townhouses from Nakheel yesterday.
It reads like this:
Sr. No Installments Percentage Date
1. Booking deposit 10 On Booking
2. 2nd Installment 20 1St Nov,2008
3. 3rd Installment 20 1st May,2009
4. 4th Installment 20 1st Nov, 2009
5. 5th Installment 20 1St May, 2010
6. 6th Installment 10 On completion
Still looks a long way of, end of 2010 (maybe).
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