Read the milestones carefully
A construction-linked plan and a calendar-linked plan create different cash-flow demands. Ask what triggers each instalment, which document supports the demand and how much time is provided for payment. Keep the schedule with your allotment and agreement documents.
Coordinate with your lender
Discuss sanction validity, margin contribution and disbursement conditions before committing. Loan disbursement and the promoter’s demand date may not automatically align. An EMI illustration is useful for budgeting but does not establish eligibility or the actual rate offered.
Review changes and cancellations
Understand late-payment charges, cancellation deductions, refund conditions and the treatment of taxes. If a sales conversation includes a special schedule, ask for the approved written version. Keep proof of payments and avoid relying on verbal extensions.
Keep these details in view
- Selected rowhouse and project phase
- Booking and agreement milestones
- Construction-linked demand conditions
- Loan disbursement and own-funds contribution
- Late-payment and cancellation provisions