A construction-linked payment plan ties what you pay to how far along the building actually is — you're not handing over the full amount upfront, and the developer isn't funding construction entirely on advance bookings either. Here's how MEK Grand Central's 16-stage schedule breaks down.
The full schedule
| Stage | Milestone | Cumulative % |
|---|---|---|
| 1 | Earnest money | 10% |
| 2 | Within 30 days of agreement execution | 30% |
| 3 | Completion of the plinth | 35% |
| 4 | Completion of podium levels | 40% |
| 5–10 | Completion of 5th through terrace floor slabs | 45% → 70% |
| 11 | Brickwork, door & window frames | 75% |
| 12 | Internal & external plaster | 80% |
| 13 | Plumbing & electrical fittings | 85% |
| 14 | Flooring / tile work | 90% |
| 15 | Painting work | 95% |
| 16 | Possession | 100% |
Why a construction-linked plan generally favours the buyer
Compared to a flat "10:90" or "20:80" scheme where most of the money is due far ahead of completion, a construction-linked plan spreads payments across each visible stage of progress. If construction stalls, your remaining payments stall with it — you're never paying meaningfully ahead of what's actually been built.
Halal, interest-free payment options
For buyers who want a financing structure without interest, MEK Grand City offers Halal, interest-free payment plans on request — this sits alongside the standard construction-linked schedule above rather than replacing it, so it's worth asking the sales desk for the specific structure that applies to your unit.
What to confirm before you sign
- Whether the percentages are calculated on the full agreement value or a specific base price — confirm what GST, stamp duty, and registration are charged against separately.
- What happens if a construction milestone is delayed — MahaRERA's delay-penalty provisions apply regardless of the payment plan's own structure.
- Whether early or lump-sum payment ahead of a milestone is permitted, and if it comes with any discount.
