What are the available payment schemes?

Various Payment scheme offers by Builder

Flexi-payment plans

It is a blend of construction-linked and down payment plans. Under this plan, you pay 10% on booking and 30-40% of the purchase price within 30 days of booking. It offers you safe option as the remaining 50-40% payment is made in tranches.

Finally, at the time of possession, rest 10% is paid along with some nominal charges.

Construction-linked plans

It is plan linked to the construction stages. It is a safe route compared to down payment plan when it comes to project delay. Within 90 days from booking, you need to pay around 25-30% of the property value and rest in installments depending upon the construction stages. Under the said plan, you enjoy tax benefit on all your payments under 80C.

Down-payment plan

At the time of booking, you have to pay 10-15% upfront amount. And, thereafter 80-85% of the purchase price within 30-90 days of booking. Further, at the time of possession you need to pay rest 5-10% amount, along with additional charges, if any.

The equated monthly installments (EMIs) begin as soon as the bank pays the upfront amount (if you are opting for a home loan.)

Opt for this plan, if the builder has got good track record and if the development is closer to completion.


10:80:10 Plan

Under this arrangement, you have to pay a certain percentage of the property value within a stipulated time frame, here installments are time-bound. To book a property you need to pay 10% in the beginning.

After 1-2 months, from the date of booking the bank grants 80% of the amount to the developer. In other words, the developer obtains 80% of the amount through bank loan. Till the pre- decided period, the developer pays the interest on this loan. Finally, you need to pay the rest of the amount i.e. 10% at the time of possession.

The best part about this project is that you are not required to pay EMI till the possession of the project.

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