M
Mahesh Kumaraswamy
posted on 12 MayBhondsi Solutrean project — all-in cost shock
Bhondsi — just moved into my Solutrean project a couple months back. Honestly, the all-in cost was way more than I first thought. I signed up pre-launch for a 3BHK, thinking I got a deal around ₹1.7 Cr. But then stamp duty, registration, PLC for a corner unit, parking, interiors... it all added up. My budget was around ₹2 Cr, but the final figure is closer to ₹2.2 Cr. Did I miss something? Should I have pushed harder on payment plan leverage, like construction-linked, instead of upfront discounts? What's the real total cost of acquisition for you guys?
#bhondsi#solutrean#all-in-cost#pre-launch#payment-plan
Comments
Sahi baat hai, the 'all-in' cost is never truly 'all-in' until you get the final demand letter. My advice would be to always factor in at least 15-20% over the quoted base price for these hidden charges. Did you get a detailed cost breakup before signing, or was it just a basic agreement with a lump sum for 'other charges'?
U5, no, just a basic agreement with a lump sum for 'other charges'. The detailed breakup only came much later, with the final demand letter, and that's when the real shock hit.
It's a common tactic, unfortunately. The RERA carpet area vs super built-up area is another huge scam they pull. For a 1500 sqft super built-up, you barely get 1000 sqft carpet area. Plus, the current market conditions in Gurugram are so hot, builders know they can get away with it. They just keep adding charges, knowing buyers will pay.
Yaar, this is exactly what happened to me with a project near Airport Road. My initial budget was ₹1.5 Cr for a 3BHK, but with all the 'extras' like club membership, power backup installation, and even a ridiculous 'future development charge', it touched ₹1.85 Cr. I tried negotiating the payment plan but they were firm. Did anyone manage to get a better deal by pushing for construction-linked payments over upfront discounts?
U3, I totally agree. My experience near Baliawas was similar. They offered a 'limited time' discount on upfront payment, which seemed great then. But later, when the project got delayed by 8 months, I regretted not having a construction-linked plan. My EMIs started, but possession was nowhere in sight. Always push for CLP if you can, it gives you some leverage and peace of mind.
U3, haan, construction-linked is definitely better if you can swing it. I got a small discount on the base price by paying more upfront, but later regretted it. My friend got 2% off the total by opting for CLP and found it much less stressful. Builders prefer upfront, so they offer incentives, but it's not always the best for us.
Bhai, Solutrean ke projects ka toh yahi haal hai. They're notorious for these 'hidden' costs. You're not the first, and sadly, won't be the last. What was your per sqft initial quote vs what it effectively became with all these add-ons?
U2, My initial was around ₹7000/sqft, but with all add-ons like PLC, IFMS, power backup, and even a 'club membership' that I didn't want, it came to almost ₹8800/sqft effectively. Crazy difference!
Totally relate yaar! My 2BHK in Badshahpur also went way over budget. Builders quote a base price, then slowly, surely, add everything. It's a shocker, honestly. You're definitely not alone in this feeling.