KetanKhurana, Apartment Resident, Delhi
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Is that this 30% would only be demanded by builder when project becomes bankable
Q: Hi there, I have booked a flat in Mahagun Mywoods a few days back when NCR plan gave green signal to Noida Authority. But some dark clouds again came on Noida Extension. Now my query is I have taken flexi-plan and done 10% payment to builder. In flexi plan is was written that 5% I need to pay within 30 days of booking. And then 30% within 45 days. I want to know that this 30% would only be demanded by builder when project becomes bankable or not. Please confirm. Thanks in advance. Cheers!!!

Latest Answer: Yes, the builder can only demand 30% when the project becomes bankable.

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