K
Kiran Arora
posted on 12 MayHercules Ventures LLP payment plan is turning into a nightmare
Construction-linked payment plans are actually a huge scam, especially for first-time buyers. I'm so frustrated with Hercules Ventures LLP in Sector 48. They promised possession by 2025 end, but construction is super slow, aur ab they're demanding payments as per schedule, not actual progress. My EMI is starting, but project toh adha bhi nahi bana hai. Parents bolte the 'check everything', but yeh toh brochure mein sab sahi lag raha tha. I'm stuck paying for something that's not even built properly. Kya karein? Has anyone else faced this with Hercules or any other builder in Mohali, like DLF ya Emaar? Not sure what my options are besides just paying up. Should I try to talk to RERA? Ab samajh nahi aa raha kaise handle karun yeh sab.
#builder-delay#payment-plan#construction-linked#rera#first-time-buyer
Comments
Yaar, I'm looking at projects near Airport Road, Gurgaon side, and even there, builders are pushing CLPs aggressively. Your post just confirmed my biggest fear. Hercules ka toh naam bhi suna hai, not good. Is there any way to check their actual progress against what they claim?
U3, you can try checking the RERA website for the
Totally feel you, bhai. Yeh builders ka yahi scene hai. Meri bhi jaan nikal rahi hai ek project mein Meerut ke paas. Construction-linked payment plans are a trap for first-timers like us. Hope you find some solution for Hercules Ventures.