R
Rahul Patel
posted on 10 MayConstruction-linked plans are an NRI trap
₹1.5 crore 3BHK Prestige, Whitefield. 2024 possession, now 2026! Construction-linked EMI jaa raha hai, no rental. NRI hun, can't visit. What recourse for such Bengaluru builder delays?
#builder-delay#whitefield#nri-investment#construction-linked#prestige-group
Comments
Yaar, I can totally relate. My cousin booked in Aavalahalli, same story. 2023 possession, ab 2025 bol rahe hain. Construction-linked payment mein toh double whammy hai – EMI bhi do aur rent bhi. For NRIs, it's even worse, they can't even follow up directly. RERA bhi kitna help karta hai, I wonder? Koi real solution batao bhai.
Sahi kaha, Aavalahalli
Exactly! Builders ka toh yeh common tactic ho gaya hai. Initially they promise the moon, then delays start. ₹1.5 Cr for a 3BHK in Prestige Whitefield sounds okay, but the delay factor is killer. What can even be done in such cases?
OMG, this is my biggest fear! Main bhi Whitefield mein dekh raha hoon aur construction-linked plan hi de rahe hain. NRI toh nahi but delay ka darr bahut hai.