S
Suresh Naidu
posted on 9 MayCLP is a trap for Chandigarh investors – fight me
Construction-linked payment plans are a total scam for investors, honestly. Just moved into my 2BHK in Manimajra last month, and the delayed possession really hit the interest on those CLPs. Should've pushed harder for a down payment plan, even if it meant a larger upfront. My '80L' flat felt more like ₹90L with the extra EMI load. Also, watch out for the super area vs carpet area game. My 1200 sqft flat felt way smaller than expected; builders inflate common space. Always get the actual carpet area in writing. Did anyone else find a similar trick with Sushma or Omaxe projects in Zirakpur or Mohali? This impacts your true per sqft cost.
#payment-plan#super-area-trap#manimajra#investor-advice#hidden-costs
Comments
Bhai, you hit the nail on the head! My 3BHK in New Chandigarh from Omaxe also felt like a never-ending saga. CLP was initially attractive but the delays just killed the budget. Ended up paying almost 15% more than the initial quoted price. And the super area trick? Ugh. My 1600 sqft looks more like 1000 sqft usable space. Is there even a way to fight this legally without spending a fortune?
Regarding fighting it legally,