Folium's 50:50 payment plan: what it means for a Folium buyer

What Folium publishes

All figures as published by the developer. Prices are indicative and exclude GST, registration and other charges.

What it saves you here

On a construction linked plan your loan is drawn down across the build and you service interest on a growing balance the whole time, usually while paying rent somewhere else. With a March 2028 possession that is roughly a year and a half of compounding outflow.

A 50:50 plan compresses that. Between the first tranche and the certificate, no demand letters arrive and your disbursed balance stays where it is.

• Less interest during the build, because less is drawn for less time.
• Exposure capped at the first tranche if construction slows. Nothing removes risk from an under construction purchase, but this changes its shape.
• Simpler to track. Two triggers instead of ten, so fewer demand letters to verify.
• The developer is aligned with finishing, since half the consideration arrives only on the certificate.

What it costs you

• Concentration. A large share of your net worth sits in one under construction asset, early.
• Reduced flexibility. Having paid half, exiting is expensive. Read the cancellation and transfer terms before the first payment.
• Charges outside the split. Stamp duty, registration, GST, parking, deposits, clubhouse and corpus charges usually sit outside the 50:50 and fall due on their own schedule. Ask which are inside and which are not.

The lender question, which is the real one

This is where 50:50 plans most often come apart, and it is worth more attention than everything above.

Housing finance lenders disburse against verified construction progress. They release money in tranches as stages complete, because their security is the asset being built. A plan asking for 50% in the first months can therefore run ahead of what your lender will release at that point.

If that happens, the gap does not disappear. You fund it from your own money, or you renegotiate, or you do not proceed. And by then you have booked.

1. Get the schedule in writing

   Amounts, triggers, expected dates, and a clear list of which charges sit outside the split.

2. Take that document to your lender

   Not a summary of it. Ask for a disbursement position against that exact schedule.

3. Compute the gap in rupees

   What is due early versus what will be released early. That difference is your own funds requirement and you should know it as a number before booking.

4. Confirm what you service in the meantime

   Full EMI or interest only on the amount disbursed, and from when. How tranche disbursement works.

Four phases, one certificate

Folium is registered in four separate phases. That matters for this plan in one specific way: the second tranche is triggered by an Occupancy Certificate, and in a phased project certificates arrive phase by phase.

So confirm in writing that your clause refers to the certificate for the phase your tower sits in. A clause referring to the project generally, or to a date, or to the word completion, does not give you the protection the structure implies. Why the exact wording decides this is worth reading before you sign.

What to settle before booking

1. The exact schedule, with amounts, triggers and the charges that sit outside it.
2. That the second tranche is tied to the Occupancy Certificate for my phase, in those words.
3. The total consideration under each plan offered for this same unit, so plans can be compared on cost rather than on schedule.
4. What my lender will disburse against this schedule, and the gap in rupees.
5. Whether I service full EMI or interest only during construction, and from when.
6. The cancellation, forfeiture and transfer terms if I need to exit after the first tranche.

The general treatment of this structure, including how it compares with construction linked and possession linked plans, is in the 50:50 payment plan explained.