S
Saba Baig
posted on 12 MayBig down payments often hide future costs.
My old house resale is almost done, need a smaller 2BHK flat. Kids moved out, don't need this big place. Looking near Kalawad Road, budget ₹60-70L. Builders like Balaji Group dekh raha hoon. Should I choose construction-linked payment or a big down payment from my funds? Will full payment get spot discounts or just hidden charges? What's smarter?
#payment-plan#rajkot-2bhk#balaji-group#spot-discount#hidden-charges
Comments
Dekho, dono payment options ke pros and cons hain. Big down payment can get you a discount, but the risk of builder delay or hidden costs is higher, as you're fully exposed. Construction-linked payment spreads out your financial burden and gives you some control, but sometimes the 'linked' milestones can be vague. Best approach is to negotiate hard for a construction-linked plan with clear milestones, and keep a small percentage (say, 5-10%) to be paid only after possession and OC. And always, always get every single charge written down in the agreement.
U3, stamp duty aur registration toh fixed hote hain, but builder additional charges laga sakte hain jaise 'preferential location charges' (PLC), 'clubhouse membership', 'electricity connection charges', 'meter charges' jo agreement mein chhote aksharon mein likhe hote hain. Balaji Group ke jo projects aap dekh rahe ho, unka RERA registration number kya hai? Rajkot market mein abhi supply kaafi hai, so don't rush into anything.
Rajkot mein supply zyada hai, par prices kam hone ka naam hi nahi le rahe! Bahut frustration hoti hai budget mein kuch dhang ka dhoondhne mein.
Sahi kaha U8. RERA number check karna bahut zaroori hai. Usse project ki legitimacy aur completion date ka ek rough idea mil jaata hai. Aur agreement mein har choti se choti cheez clear kar lena, especially about these extra charges. Builder se ek detailed cost sheet maango.
Meri personal kahani suno, main bhi first-time buyer tha. Ek builder ne mujhe big down payment pe 10% discount ka lalach diya. Maine socha achha deal hai, saare funds laga diye. Project 3 saal late ho gaya, aur upar se builder ne bola ki government policies change ho gayi hain toh extra 'infrastructure development charges' dene padenge. Mera saara budget hil gaya. Construction-linked payment mein, at least, you pay as per progress, so builder par thoda pressure rehta hai time pe deliver karne ka.
Same dilemma here! Main bhi Kalawad Road pe hi dekh raha hoon, budget bhi similar hai. Balaji Group ke projects kaafi attractive lagte hain, especially their amenities. Kya unka track record sach mein itna bura hai jaisa log kehte hain? Koi specific project ka experience hai kisi ka?
Kalawad Road par abhi rates ₹3800-4500 per sqft chal rahe hain for decent new constructions. Balaji Group us range mein hi aata hai. Spot discount agar 5-7% se zyada mil raha hai full payment pe, then there's definitely a catch. Be careful.
Balaji Group ka track record mixed hai. Kuch projects time pe diye hain, kuch mein significant delays. Mera cousin ne Krishna Kunj ke paas unka ek project book kiya tha, 2 saal late mila. Aur finishing quality average thi, not what they promised in brochures. Always check their RERA status and past project reviews online before committing, especially for construction linked plans.
Bhai, meri toh yahi salah hai, big down payment se bachna. Builders aksar spot discounts ka laalach dete hain, but baad mein maintenance, society formation, ya even finishing work mein itne hidden charges laga dete hain ki saara discount nullify ho jaata hai. Construction-linked payment mein thoda leverage rehta hai, at least jab tak possession na mile, you're not fully invested.
Hidden charges kaise type ke ho sakte hain? Stamp duty aur registration toh clear hota hai na?
Totally agree yaar! Mera ek friend Balaji Group ke hi ek project mein phasa tha, unhone bhi full payment pe discount diya tha. Ab final OC milne mein problem aa rahi hai aur builder extra paise maang raha hai.