Gurugram investors: Which payment plan strategy is best?

Visited a Nanu Ram Goyal project in Prem Nagar last week. They're pushing a construction-linked plan but also have a down payment option with a small discount. For investors, which payment plan makes more sense in today's market? My flat's possession was in March, and kuch unexpected charges aaye the, I mean, not sure if I missed them earlier. What all hidden costs should I factor in besides PLC and stamp duty?

#payment-plan#hidden-costs#gurugram-investment#prem-nagar#nanu-ram-goyal

Comments

Rajesh Garg6 May

Prem Nagar sounds promising

Ayesha Khan6 May

Bhai, Nanu Ram Goyal? Prem Nagar? Be very, very careful. My cousin invested in their project near Badshahpur a few years back, and possession was delayed by almost two years. The 'unexpected charges' you mentioned are exactly their modus operandi. They'll show you a low base price, but then add so many things like club membership, power backup installation, maintenance advance, IFMS, and even parking charges that were supposed to be included. Construction-linked is always safer for first-time buyers like us, because at least you pay as you see progress. Down payment discount sounds tempting, but if the project gets stuck, your lump sum is gone. What were those unexpected charges you faced specifically?

amitgupta6 May

Honestly, if you have the funds and the discount is significant, the down payment option can save you a lot. Interest rates are high right now, so a smaller loan amount helps. But yes, builder ka track record dekhna bahut zaroori hai.

irfan_ansari6 May

Totally agree with U1. Construction-linked payment plan is the way to go, especially in today's uncertain market. Builders often make promises they can't keep. If you pay a big chunk upfront and then they delay, your money is just sitting there, losing value. I know someone who went for the down payment option with another builder and regretted it big time when the project got delayed indefinitely. Less risk with CLP.

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