Question:
Payment Plan - What Are The
Terms of the Application Form..
In
the property buying application form, pay attention to the payment plan.
Is
the builder/ developer asking for a large portion of the cost of the flat
(apartment) at an early stage of construction Stick to a construction-linked
payment plan.
Nowadays,
many developers / promoters offer plans where a substantial portion of the cost
has to be paid after possession.
Such
plans are favourable to the property buyer as they compel the developer /
promoter to hand over possession at the earliest.
Src:
ET
