V. K. Lalco Group has launched a new Payment Plan on its two Under Construction Residential Real Estate Projects in Mumbai. The new plan allows buyers to pay 80% of the value only on POSSESSION. ONLY 20% is due prior to possession and even that 20% is broken down into smaller payments to make purchasing a new home as easy as possible for the buyer.

There are several benefits for buyers based on V. K. Lalco’s 10:10:80 Payment Plan for it’s 1BHK flats for sale in Dahisar and Borivali.

This payment plan is one of the best that any builder has ever launched.

Buyers save on substantial interest. Instead of paying interest on the entire value of the flat right away, buyers only need to pay 10% prior to Registration and 10% within 6 months of Registration. That totals only 20% of the value of the flat that needs to be paid prior to possession.

In addition, Buyers are also able to lock in the contract price for a 1BHK today as opposed to risking an increase in the property prices that could make 1BHKs much more expensive in the future for only a small percentage of the actual value of the flat.

In case of normal construction linked payment plans, payments are due as the building is constructed. This means buyers are often making payments every quarter or even every month as progress is made. If you take an estimated flat value of Rs. 80,00,000 (Eighty Lakhs) and you have to make payments as the building is constructed you might have to pay 50% or even 80% before possession. Even paying 50% before possession would mean 30% more than V. K. Lalco’s 10:10:80 Payment Plan, which would result in around Rs. 24,00,000 (Twenty-four Lakhs) of an additional payment before possession. That amount can go up to a 60% difference or said another way Rs. 48,00,000 (Forty-eight Lakhs).

Overall, this payment plan is a boon for all types of buyers.

One has to compromise on lots of things in life, but this payment plan is the best way to make a property without compromising on your lifestyle and needs.

The box price of VKLAL HARI PHASE I is generally between 65 Lakh to 85 Lakh depending on the size of 1 BHK you are looking for.

Above calculation is just a basic understanding as the ratios may change depending on the box price of the 1BHK flat for sale that a buyer might secure. This offer however is a win-win-win situation for buyers.