M
Mohit Oberoi
Is Pune secondary market better for NRI investors?
Okay I'll be honest — investing in Pune from Dubai, especially without being there, feels like a huge maze. I'm looking at a 2BHK in Pimpri, around ₹90L, possibly Shree Krishna Associates. For NRIs, is construction-linked payment plan better or down payment? Remote site inspections are tough. Secondary market deals mein negotiation scope kitna hota hai compared to new projects? Also, bank-funded vs self-funded projects, does that affect payment terms or security? Need to maximise deal value and ensure legal clarity. Any insights?
#pimpri#nri-investor#payment-plan#secondary-market#shree-krishna-associates
Comments
Payment plans par bhi toh depend karta hai. Construction-linked sounds good for security but delays can be a killer. Down
Yaar, main bhi NRI hoon aur Ambegaon mein ek project mein invest kiya tha last year. Builder ne construction-linked plan mein dates bahut extend kiye. My friend who bought a resale flat in Akurdi got possession instantly and even negotiated 5L down from the asking price. Remote site inspections are a pain, I had to send my brother multiple times. For legal clarity, get an independent lawyer, not the builder's recommended one. Ye bank-funded projects mein thoda better security hoti hai, self-funded mein delay ka chance zyada hota hai.
U4, pre-launch toh aur bhi risky hai. Bank-funded projects mein banks bhi due diligence karte hain, toh delays kam hote hain. Self-funded mein sab builder ke haath mein hota hai, my uncle faced a similar issue near Sinhagad Road. Secondary market mein RERA documents check karna easy hota hai, that's one way to avoid delays.
U3, delays se bachne ke liye kya tips hain? Pre-launch mein invest karna zyada risky hai kya?
Secondary market mein negotiation scope definitely zyada hota hai! New projects mein builder price fix rakhta hai. NRIs ke liye yehi best option hai, I feel, ready-to-move milta hai.
Bhai, remote investment bahut risky hai. Especially Shree Krishna Associates ka track record, I've heard mixed reviews. Pimpri mein 90L for 2BHK sounds okay, but without being there, how will you check the actual construction quality and RERA compliance? Legal clarity is a must, don't rely just on builder's word. Ek independent expert se due diligence karwana bahut zaroori hai.