Are construction-linked plans always smart for investors?
Is construction-linked payment plan (CLP) really the best way to go for investors in Gurgaon? I'm looking at a 3BHK around ₹2 Cr in Sector 26A, maybe Aviana Green Estates. Builders push CLP but my dad says one-time payment can get better discounts. Not sure agar ye sahi hai ya bas hype hai. What's been your experience with these payment plans, especially for under-construction projects? Also, total cost of acquisition ki tension hai. Property price ke upar stamp duty, registration, PLC, parking, and then interiors kaafi add ho jaate hain. Are there any other hidden charges that only surface closer to possession? Like, maintenance advance ya OC related costs? Trying to calculate my actual ROI but these unknowns make it tough. Any tips on spotting these early?
Comments
Totally agree with the hidden charges part. My broker was pushing CLP for a project in Sector 77, saying it's less burden initially. But then he casually mentioned 'IFMS' (Interest Free Maintenance Security) and 'Corpus Fund' at possession time, which are like 2-3 years of maintenance upfront! It feels like they hide these till
Bhai, you've hit the nail on the head! CLP sounds good on paper but the delays kill you. My friend booked in a project near Airport Road (Gurgaon side) with CLP, builder delayed by 2 years, aur interest ka bojh alag se. Those hidden charges are a nightmare; OC charges can be hefty, often 1-2% of property value. It's a real trap for first-timers.