In addition to price discounts and freebies, developers are also trying to entice prospective buyers this festive season by offering deferred payment plans. In markets like the Delhi-National Capital Region, they are also offering porting schemes to buyers stuck in stalled projects. While these schemes do appear enticing at first sight, and may well be beneficial, buyers need to understand their risks and then make a considered decision.
Deferred payment plans
Developers are advertising 10:90 and 20:80 kind of schemes heavily this season. The buyer makes a small upfront payment of 10-20 per cent to lock the price and block