A
Anand Tiwari
posted on 13 MayConstruction-linked payment plans are a trap for investors.
I'm eyeing another investment property in Chandigarh, maybe a 3BHK, for better ROI potential in areas like New Chandigarh or Sector 49. My last two properties were smooth, but this time I'm extra careful with payment terms. Ansal API in Sector 37 was on my radar, but their structures felt inflexible. Builders push construction-linked plans saying it’s less burden, but isn't a down payment plan with a better discount actually smarter if you have the funds? You save on interest for sure. I'm trying to calculate the actual cost difference. Kya lagta hai, which option gives more leverage for negotiation on the total price, ya phir better terms later on? Any experiences with Sushma Buildtech or SBP Group's payment structures?
#payment-plan#chandigarh-investment#builder-negotiation#roi
Comments
Oh god, yes! CLP is a huge trap. I booked a flat in New Chandigarh two years ago with a CLP. Builder promised possession in 30 months, abhi tak structure bhi pura nahi hua hai. Every payment installment feels like throwing money into a black hole. My EMI started, but rent is also going on. Double burden ho gaya hai, I wish I had gone for a down payment plan even if it meant a bigger upfront cost.
Exactly my fear, U2! Heard similar stories from friends who invested near Mullanpur Garibdass. Builders just take their sweet time. It's like they have no incentive to finish fast once they have your money on a CLP.
Which builder was this, bhai? Is it one of the big names near Mullanpur?
Totally agree with you, bhai! These construction-linked plans sound good on paper but builder delays make them a nightmare. My friend almost lost his mind with a project in Mohali because of constant extensions. Cash down payment always feels safer, especially if you have the funds. Less headache later.