20% down-payment and balance on possession of home
Believing that every home buyer should be given an opportunity to enhance his or her lifestyle by helping them customize their cash flows, Iconic Galaxy recently announced a first-of-its-kind, easy financing option for the aspiring home buyer. Valid for another month, the offer enables an apartment to be purchased with a down payment of just LKR 6 million, with the balance payable only on possession of the home.
This innovative deal in the 33 storey tower allows maximum savings, as much as 24% on interest, for the buyer. Under the scheme, home-buyers will need to pay just 20% to book an Iconic Galaxy apartment and the entire balance of 80%, linked to possession. The easy payment scheme, a first in the industry, is already tied up with leading banks.
With its ease of access to the business areas of the city, airport and the southern expressway, Rajagiriya has proved to be the fastest growing suburb in Colombo. Iconic Developments entered this evolving suburb with its first development Iconic 110, landmarks for discerning home buyers. The projects have seen an overwhelming response from customers looking for premium residences in this locale. Now the company has come up with an easy financing option for their ongoing project, which will be completed in 2020.
Rohan Parikh, Managing Director of Iconic Developments said “We have good news for buyers who have chosen an Iconic Galaxy apartment they love but are not ready or able to purchase it just yet and who may need a year or two to bump up their credit, income, or savings”.
“Luckily, future buyers may not have to wait long. Our zero-interest home buying programme is a dream offer” Parikh noted.
“With just a 20% down-payment and no other payment until the time you move in, is our offer to those who are keen to purchase a home. This works well for buyers who may not want to take a home loan and for which some other offers which can be customised to their specific requirements could be arranged”.
Iconic Galaxy, the high-end, modern living space is currently under construction and scheduled to be complete by end 2020. The development will house a well-designed club-house and leisure zones like play areas for kids, jogging tracks and expansive walkways. The amenities include landscaped rooftop garden, swimming pool, kid’s pool, two squash courts, launderette, day care centre, salon and gymnasium.
Iconic’s other newest introductions include sky landscapes, observatory, private hotel rooms within an apartment complex, business centre built with unique engineering solutions an auditorium along with the other facilities and amenities.