Maharashtra Mulls 80% Payment Cap on Property Deals

14 Aug 2026 Articles PROPi

Maharashtra's proposed property payment cap could change collection schedules, developer cash flows and transaction structuring across the real estate market.

Maharashtra's proposed cap on payments collected at the Agreement for Sale stage could have implications beyond homebuyer protection.

The state is considering allowing builders to collect around 75–80% of the property consideration at this stage, with the balance payable at final registration.

For developers, the proposal could affect cash-flow planning, particularly for projects where buyer collections form an important part of construction funding.

If a larger portion of the sale consideration remains outstanding until registration, developers may need to account for the deferred collection while planning project finance, sales schedules and working capital.

For brokers and sales teams, payment structures could also become an increasingly important part of buyer conversations. In high-ticket markets such as Mumbai, a 20% deferred component can represent a substantial amount.

The final impact will depend on how the proposed framework is drafted and how it applies across under-construction, ready and other property transactions.

Key takeaway: The proposed rule could improve buyer protection while requiring developers and sales teams to rethink payment schedules and cash-flow planning.