M3M Brabus Residences Payment Plan
Construction-linked plan structure and booking process.
How payments are staged at M3M Brabus Residences, what you pay at booking, and the charges that are quoted separately from the basic price.
How a construction-linked plan is staged
In a construction-linked plan (CLP) your payments are tied to build milestones rather than to the calendar. A typical structure looks like this:
| Stage | Typical share | When it falls due |
|---|---|---|
| Booking | 10% | At application |
| Allotment and agreement | 15% | Within 30 to 45 days of booking |
| Excavation and foundation | 10% | On commencement |
| Structure milestones | 40% | Slab-wise, over the build period |
| Finishing stages | 18% | Flooring, fittings, external works |
| Offer of possession | 7% | With registration and handover charges |
The shares above add up to 100% and are indicative of market practice, not this project's filed schedule. Under RERA a developer cannot take more than 10 percent of the cost as an advance before a written, registered agreement for sale is executed - if you are asked for more than that before agreement, that is a problem.
What you should have before paying
- The RERA registration number for your specific tower or phase, verified on the state portal.
- An itemised cost sheet - basic price, PLC, parking, club, IFMS, GST shown separately.
- The payment schedule as a written annexure, with each milestone defined.
- A copy of the draft agreement for sale, read before you sign anything.
- Clarity on the refund and cancellation terms.
Home loan and subvention
RBI caps loan-to-value at 75 percent for home loans above Rs 75 lakh, which is every unit here, so plan for at least 25 percent of agreement value plus stamp duty and registration from your own funds. Actual sanction is subject to income eligibility and is often lower than the cap at this ticket size. A CLP works well with a loan because disbursement tracks construction, so your pre-EMI stays proportional to what has been drawn. If a subvention or "possession-linked" scheme is offered, read who carries the interest during construction and what happens if delivery slips.
Configuration-wise prices are on the price list page, and our buying guides cover loan eligibility and Haryana stamp duty in detail.
Get the payment schedule when it is released
We will send the official construction-linked schedule and booking terms as soon as the developer publishes them.
FAQ
Payment and booking questions
What is the payment plan for M3M Brabus Residences?
A construction-linked plan is indicated, where payments are staged against build milestones rather than fixed dates. The formal milestone schedule has not been published yet because the project is at pre-launch stage. We will send it as soon as the developer releases it.
What is the booking amount?
Under RERA a developer cannot take more than 10 percent of the cost as an advance before a written, registered agreement for sale is executed. If you are asked for more than that before the agreement, treat it as a problem rather than a formality.
Is a home loan available for this project?
RBI caps loan-to-value at 75 percent for home loans above Rs 75 lakh, which covers every configuration here, so budget at least 25 percent of agreement value plus stamp duty and registration from your own funds. Sanction is subject to income eligibility and is often below the cap at this ticket size. A construction-linked plan suits a loan because disbursement tracks construction, keeping pre-EMI proportional to what has been drawn.
Which banks have approved the project?
Project approvals from individual banks are typically issued after RERA registration. Since registration has not been issued for this project yet, there is no approved-lender list to share. Ask us again once registration is through.
What happens if possession is delayed?
Under RERA the agreement for sale must specify compensation payable for delay, and you have the right to withdraw with a refund plus interest. Read that clause carefully before signing and check the rate of interest it specifies, because it is often lower than what you would pay the developer for a late instalment.
Can I cancel after booking, and what do I lose?
Cancellation terms are set out in the application form and the agreement for sale, and the forfeiture amount varies. Get the cancellation clause in writing before you pay the booking amount, not after.