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Purchasing a property: Comparing possession-linked vs. construction-linked plans

New Delhi: The current market scenario clearly reflects the market mood. Developers are extending many offers to attract demand, clearly indicating that buyers are in wait and watch mode. Various press articles have been suggesting

India TV News Desk [ Updated: February 03, 2014 20:42 IST ]
purchasing a property comparing possession linked vs.
purchasing a property comparing possession linked vs. construction linked plans

New Delhi: The current market scenario clearly reflects the market mood. Developers are extending many offers to attract demand, clearly indicating that buyers are in wait and watch mode. Various press articles have been suggesting price correction for over last three quarters, but we have not seen any serious correction in prices (with a few exceptions in some markets). Developers are proffering bundled offers instead of negotiating prices. One such offer is the possession-linked payment plan, in which the buyer pays 20-25% of the apartment cost in advance and the rest on possession.


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