Kreeva Swaranaya follows a milestone-linked payment plan, meaning your money moves in step with actual construction progress rather than on a fixed calendar. This is a meaningfully different — and lower-risk — structure than a time-linked plan, but only if you understand exactly what triggers each payment. Here's the full breakdown, stage by stage.
Key Takeaways
- The plan is fully milestone-linked: 10% on booking, 10% within 90 days, 10% within 180 days, 20% on 5th floor slab, 20% on super structure, 20% on OC application, and 10% on OC receipt
- 60% of the total payment is tied to physical construction progress (slab and super structure stages), not elapsed time
- Milestone-linked plans generally carry lower buyer risk than construction-linked plans with vague or time-based triggers
- Payments flow into the project's RERA-mandated escrow account under registration DLRERA2026P0007
- Always get the exact date/stage definitions for each milestone in writing before booking
One more detail worth clarifying directly with the sales team is how payment demand notices are actually issued once a milestone is reached -- whether you'll receive written notice with supporting documentation of the milestone completion, and what the typical payment window is after a demand is raised. Getting clarity on this process upfront avoids any confusion later about payment timing expectations on either side.
Why the Structure of a Payment Plan Matters
Two payment plans that look similar on paper — say, both spreading payments across seven stages — can carry very different risk profiles depending on what actually triggers each instalment. A time-linked plan (e.g. "10% every six months") continues collecting payment regardless of whether construction is progressing. A milestone-linked plan, like Kreeva Swaranaya's, only triggers each payment when a specific, physically verifiable construction stage is reached. This is a meaningfully more buyer-favourable structure, since your financial exposure stays roughly proportional to what's actually been built.
The Full Kreeva Swaranaya Payment Plan, Stage by Stage
| Stage | Percentage | What It's Tied To |
|---|---|---|
| 1. On Booking | 10% | Initial booking confirmation |
| 2. Within 90 Days | 10% | Time-based, post-booking documentation |
| 3. Within 180 Days | 10% | Time-based, agreement execution stage |
| 4. On 5th Floor Slab | 20% | Construction milestone — slab completion to the 5th floor |
| 5. On Super Structure | 20% | Construction milestone — main structural framework completion |
| 6. On Application of OC | 20% | Regulatory milestone — Occupancy Certificate application filed |
| 7. On Receipt of OC | 10% | Regulatory milestone — Occupancy Certificate received |
Notice that the first 30% is largely time-linked (booking plus two fixed windows), while the remaining 70% is tied to physical construction progress and regulatory milestones — the 5th floor slab, super structure completion, and the OC application/receipt stages. This means the bulk of your outstanding payment obligation only comes due as the building visibly and verifiably progresses.
How This Connects to RERA Escrow Protection
Kreeva Swaranaya is registered under Delhi RERA number DLRERA2026P0007, which legally requires each of these payments to flow into a project-specific escrow account rather than the developer's general funds. In practice, this means your milestone payments aren't just tied to construction on paper — the funds themselves are ring-fenced for this specific project's construction and land costs, which is the structural protection that makes a milestone-linked, RERA-registered plan meaningfully lower-risk than an informal or unregistered payment schedule.
30% due early (booking + fixed 90/180-day windows) · 40% due at two major structural milestones (5th floor slab, super structure) · 30% due at OC application and receipt — closest to actual possession readiness
Questions to Ask Before You Sign
- What exactly defines "5th floor slab" and "super structure" completion? Ask for the precise, verifiable definition used to trigger these payments, not just the stage name.
- Who certifies that a milestone has been reached? Under RERA, escrow withdrawals typically require certification by registered professionals — ask how this is documented and whether you'll be notified.
- What happens if a milestone is delayed? Confirm whether payment demand timing shifts if construction is behind the disclosed schedule, and what your rights are under the Flat Buyer's Agreement in that case.
- Are there any charges outside this payment plan? Confirm PLC, GST, stamp duty, registration and any other charges separately — these sit outside the percentages listed above.
- Can I get a projected date range for each milestone? While the plan is milestone-linked rather than date-linked, the sales team should be able to share an indicative construction timeline against the December 2031 possession date.
Comparing This to Other South Delhi Projects
When evaluating any other South Delhi launch against this structure, ask specifically whether their plan is genuinely milestone-linked or simply presented that way while functioning as a time-linked schedule in practice. The percentage split matters less than whether each stage is tied to an independently verifiable construction fact you (or your representative) can actually confirm on a site visit.
How This Compares to a Typical Time-Linked Plan
To see why the structure matters, it helps to compare it against a purely time-linked alternative — for example, a plan demanding fixed percentages every six months regardless of construction status. Under that kind of structure, a buyer could end up having paid 60-70% of the total price while the building is still well short of super structure completion, simply because enough calendar time has passed. Under Kreeva Swaranaya's milestone-linked structure, that same 60-70% mark is only reached once the 5th floor slab and super structure stages are actually complete — meaning your payment exposure stays much closer to what's actually been physically built at any given point. This is one of the more important, if less obvious, buyer protections to look for when comparing payment plans across different South Delhi projects.
Planning Your Own Cash Flow Against This Schedule
Because 70% of the payment is tied to construction milestones rather than fixed dates, your own cash flow planning needs to build in some timeline flexibility — a milestone can be reached earlier or later than an indicative date, depending on how construction actually progresses. It's sensible to keep your financing (whether self-funded or through a home loan) structured with enough flexibility to respond to milestone notifications as they come, rather than assuming a rigid calendar. If you're financing through a bank loan, most lenders are familiar with construction-linked, milestone-based disbursement and can structure your loan disbursement schedule to match this payment plan directly — worth discussing with your loan officer early in the process.
Get the Full Payment Schedule With Dates
Our sales team can walk you through the payment plan alongside the current construction timeline for Kreeva Swaranaya.
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