Frustrated with Silver Oak's payment plan options
Visited Silver Oak Development Society's project in Dwarka Sector 12 online last week, and honestly, I'm frustrated with their payment plan options. Their construction-linked plan looks okay on paper for a 3BHK around ₹2.5 Cr, but I'm based in Dubai and can't oversee progress. I'm really worried about construction delays inflating the total acquisition cost. It feels like a trap if the builder doesn't deliver on time. What about hidden charges that only appear closer to possession with these long payment schedules? Does anyone find construction-linked plans riskier for NRI investors, or is a higher down payment always smarter to lock in costs? Any experience with this in areas like Saket or Greater Kailash? Trying to figure out the real all-in cost here, not just the base price.
Comments
Totally get your frustration! Being an NRI and dealing with construction-linked plans is a nightmare. My cousin bought in Alaknanda a few years back with a CLP, and the builder delayed for almost 2 years. Interest payments on the home loan just kept piling up. It's not just Silver Oak, many builders do this. The 'all-in cost' always ends up being way higher than advertised. So yes, construction-linked plans are definitely riskier, especially if you can't be here to push things.
Same