K
Kirti Patel
posted on 12 MayConstruction-linked payment plan: Is it worth the risk?
Visited a couple of properties in Greater Kailash II last weekend. I'm looking for my first 3BHK, budget around ₹2.5-3Cr. Manish Associates ka ek project dekha, unki construction-linked payment plan (CLP) samajh nahi aa rahi. Parents keh rahe hain ki down payment plan better hai, but I'm not sure. Kya CLP mein koi hidden catch hota hai, ya builders bas cash flow ke liye use karte hain? For a first-time buyer, is CLP smarter ya zyada down payment karke EMI kam rakhna better hai? Realistically, kitna difference padta hai total cost mein?
#payment-plan#first-time-buyer#manish-associates#greater-kailash-ii#new-delhi
Comments
Bhai, CLP sunne mein toh accha lagta hai, but it's a huge risk for first-time buyers like us. Builders often use it to manage their own cash flow, aur construction delay ho gaya toh aapki EMI chalti rahegi bina possession ke. My uncle got stuck in one such project in Noida, saalon tak interest pay karte rahe aur possession ka naam nahi. GK II mein to rates waise hi high hain, Manish Associates ka track record check kar lena pehle. Parents ki baat suno, down payment zyada karoge toh tension kam hogi.