Rustomjee 10% Payment Plan and How to Book a Home With Just 10%

Booking a home under construction usually means writing one large cheque before anything is built. Rustomjee flips that script. The Rustomjee 10% payment plan lets you reserve a chosen residence with just 10% of the Agreement Value, then spreads the rest across construction and possession. 

A quick summary:

• You book the home with 10% of the Agreement Value, on top of the usual statutory charges.
• A second 10% comes due closer to the Occupancy Certificate (OC) date, not all at once.
• The home loan picks up the rest, released across construction milestones and the final demand.
• There is no EMI till possession, because Rustomjee prepays the interest through the CLP Pre-EMI period.

Take a Buyer Who Wants to Book With Just 10%

Flexible payment plans are becoming increasingly relevant as housing finance continues to expand in India. According to the National Housing Bank’s Trends and Progress of Housing in India 2024 report, outstanding individual housing loans reached ₹33.53 lakh crore as of September 2024, marking a 14% year-on-year increase. 

Picture this: a buyer has their eye on an under-construction Rustomjee home but does not want to commit a heavy sum just to hold it. That is exactly the gap the Rustomjee 10% payment plan closes: book with 10% of the Agreement Value, and plan the rest around how the construction stage unfolds.

Most buyers save for years before they can even approach a project like this. Here, the sequence flips: lock in the unit and the price first, then arrange financing as the tower rises. In a segment where Agreement Values run into crores, that smaller entry cheque changes who can realistically compete for a unit in the first place.

What the 10% on Booking Actually Covers

Start with the first instalment: 10% of the Agreement Value, paid at booking; that is what reserves the home and locks its price. Here’s the breakdown:

• Covers 10% of the Agreement Value, paid at the time of booking.
• Reserves the unit and fixes its price for the buyer.
• Excludes stamp duty, registration, GST and TDS (these stay the buyer's own outlay;  not funded by the home loan, since statutory charges sit outside what gets financed.)

The Further 10% Nearing the OC Date

The second instalment works the same way. A further 10% of the Agreement Value falls due nearer the OC date. 

Rather than demanding that money upfront, Rustomjee stages the contribution across the construction stage, which gives buyers more room to plan around it. The full sequence looks like this:

• Booking stage: First 10% of the Agreement Value, paid to reserve the home.
• Nearing OC: Second 10% of the Agreement Value, paid closer to completion.
• Balance: Funded through the approved home loan, disbursed across construction.

Read Also: Luxury Real Estate Buying Tips for First-Time Investors

How the Home Loan Funds the Rest

Once the buyer's two 10% instalments are in, the approved home loan takes over for the rest of the Agreement Value. That disbursement does not arrive in one payout: it follows construction progress, milestone by milestone, which keeps the lender's exposure tied to work that has actually been done on site. 

Here's how that funding splits across the build:

There is a ceiling on this too: loan funding under the Rustomjee 10% payment plan caps out at 80% of the Agreement Value. That is broadly in step with the Reserve Bank of India's own loan-to-value framework, which lets lenders finance a defined share of a property's value depending on the loan slab, while keeping statutory costs such as stamp duty and registration outside that calculation altogether.

What the Low Upfront Does for Your Cash Flow

Rustomjee prepays the interest through the CLP Pre-EMI period, so there really is no EMI till possession. Savings stay untouched instead of being chipped away every month.

Here's what that shift does to a buyer's monthly position:

For a buyer who is still paying rent, that is the real win: no rent-plus-EMI double burden while the building goes up, which is usually the single biggest strain of buying under construction in Mumbai.

The Rustomjee Homes That Fit a 10% Booking

Three under-construction addresses fit neatly into this structure, and each sits in a distinctly different Mumbai micro-market:

Rustomjee Vista Bay, Parel Extension

Rustomjee Vista Bay sits on a 1.52-acre seafront parcel in Parel Extension: about 200 residences, low-density by design, in 2 and 3 BHK configurations running from roughly 805 to 1,356 sq. ft. Just four homes per floor, dual-aspect views of the eastern harbour and the skyline, and amenities spread across ground, podium and rooftop levels, including a temperature-controlled infinity-edge pool. 

Rustomjee Ashiana, Juhu

Rustomjee Ashiana is a boutique G+10 tower on Juhu's 10th Road, offering 3 and 4 BHK homes between roughly 1,214 and 1,955 sq. ft. Only three residences per floor keep it private, and the amenity list runs to a rooftop lounge, café, cinema and gymnasium. 

Rustomjee Crescent, Pali Hill

Rustomjee Crescent is a gated 1.2-acre estate across two 18-storey wings in Bandra's Pali Hill, with 3 and 4 BHK residences plus jodi options for larger households. The rooftop pool here is one of the longest in the neighbourhood, backed by a banquet hall, gymnasium and landscaped gardens. 

Read Also: The Advantages of Buying a Newly Constructed Luxury Apartment

What This Buyer Learned

Here’s a quick recap of the key takeaways buyers should keep in mind before opting for the Rustomjee 10% payment plan:

• The Rustomjee 10% payment plan brings the entry point into an under-construction luxury home down considerably. 
• The second 10% is planned around the Occupation Certificate date, not front-loaded at booking.
• The home loan covers the rest, with no EMI or Pre-EMI payable until possession.
• Stamp duty, registration and GST always sit outside the 10%, as the buyer's own outlay.
• Eligibility, the fixed CLP Pre-EMI period and the final cost sheet are all worth confirming before booking.