Homebuyers enjoy clear-cut financial gain with deferred payment plans

by mehekkaoberoi
  • Several real estate developers across the country — Godrej, Oberoi, Suntek, Runwal, and many more — are currently offering deferred payment plans.
  • Here, the buyer pays 5-30 per cent of the property cost at the time of purchase and the balance at possession.
  • Some deferred payment plans also involve payments at various stages of construction.
  • They could come in various permutations—20:60:20, 30:50:20, etc.
  • These schemes are different from the subvention schemes banned by the National Housing Bank, where the buyer took a home loan and paid the builder the entire cost
0 comment

Related Articles