*HYDRA PIONEER - Reem Island* ** ** ** ** ** ** ** ** ** ** ** ** Sl. No Floor Area (sq ft) Rate Original Selling Price 10% Paid 5% PREMIUM NEW SELLING PRICE TOTAL PAYABLE 1 11 12000 2340 28,080,000.00 2,808,000.00 1,404,000.00 29,484,000.00 4,212,000.00 2 12 12000 2345 28,140,000.00 2,814,000.00 1,407,000.00 29,547,000.00 4,221,000.00 3 13 12000 2350 28,200,000.00 2,820,000.00 1,410,000.00 29,610,000.00 4,230,000.00 4 15 12000 2360 28,320,000.00 2,832,000.00 1,416,000.00 29,736,000.00 4,248,000.00 *PAYMENT TERMS* ** ** ** ** ** ** ** ** ** ** ** ** ** ** ** 2.5% of the Purchase Price on the date of reservation 2.5% of the Purchase Price on July 2008 5% of the Purchase Price on October 2008 7.5% of the Purchase Price on January 2009 5% of the Purchase Price on April 2009 7.5% of the Purchase Price on July 2009 10% of the Purchase Price on October 2009 10% of the Purchase Price on January 2010 10% of the Purchase Price on March 2010 40% on completion
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