Possession Payment Plan is a flexible payment plan where total payment of a property is divided in only two or three stages. Generally, the buyer has to pay 20 or 25 percent at the time of booking & rest 80 or 75 percent payment is made at the time of possession of the property.
Possession Linked Payment Plan provides monetary benefits. You can book your apartment by paying only 20-25% of the total cost in your pocket. Thereafter, you get two-three years, the time it takes to develop the project & to accumulate more money. This means that you don't have to take a large loan.