F
Fatima Ali
posted on 7 MayMy builder negotiation trick in Bengaluru
₹90 lakh for a 2BHK near Panathur, SSVR Builders bol rahe hain 'no negotiation'. But from my experience, 2-3% off is always possible if you push hard, especially on the final few units. Kya ye sahi hai? I've seen this pattern before. Also, construction-linked payment plans... are they actually smarter than a bigger down payment for investors? Cash flow toh manage ho jaata hai, but total cost pe kitna farak padta hai? Hidden charges like OC/PLC... they always add up. What's your take on maximizing deal value?
#bengaluru#negotiation#payment-plan#investor#hidden-charges
Comments
Maximizing deal value isn't just about the discount. Sometimes, getting a better payment schedule (like 20:80 or 10:90 schemes, if available and safe) or waiving off floor rise charges or preferred location charges (PLC) can save you more than a flat 2% discount. Have you looked into those options? For investors, cash flow is key, but so is timely possession. A delayed project means lost rental income. So a bigger down payment with a reputable builder might be better than a CLP with a risky one. Always read the fine print on those penalty clauses for delays.
SSVR has a mixed track record. Panathur is an okay location, but the prices are definitely inflated currently, thanks to the IT crowd. The market is a bit slow right now in Bangalore, especially for properties above 80L. Builders are under pressure to liquidate inventory. So yes, negotiation is very much possible. Don't let them fool you. Also, always check their RERA completion dates vs. actual project status. Many projects are running late.
My biggest confusion is always the payment plan. Construction-linked sounds great for cash flow, but doesn't it mean you're paying for something that's not even built yet, and if there are delays, your EMI starts without possession? Is a bigger down payment always better if you have the funds, even for an investor? And about those hidden charges, how do you even factor in things like KEB/BWSSB deposits, society setup fees, and maintenance advances? They never give a clear picture upfront.
Totally agree with U11. CLPs are for builders, not buyers. They get your money to fund their construction. If you have the down payment ready, go for it. Less interest, less risk. I learned this the hard way with a project in Agrahara Layout that got delayed by 2 years.
U3, you hit the nail on the head! CLPs are a trap if the builder isn't reputable. Your EMIs start, construction crawls, and you're stuck paying rent AND EMI. If you have the funds, a bigger down payment reduces your loan burden and interest outgo significantly. Total cost pe farak padega, for sure. As for hidden charges, ask for a *detailed* breakup in writing before signing anything. Don't rely on verbal promises.
This whole 'no negotiation' thing is a facade. I recently booked a flat in Akshayanagar and they initially quoted a fixed price. But after a couple of visits and showing I was ready with my down payment, they suddenly found a 'special discount' for me. It was around 2.5% off the base price. So yes, it's definitely possible. Just be firm and don't seem too desperate. Builders can smell desperation from a mile away.
Same experience in Adigara Kallahalli! Got 2% off just by saying I'm looking at another project. It's all about playing hard to get. These builders have targets to meet, especially quarter-end.
Haan, Akshayanagar mein prices waise bhi thode stable the abhi tak. Good for you! Did you get any clarity on the OC and possession timeline? Builders often delay those.
Bhai, 90 lakh for a 2BHK in Panathur is already on the higher side, even for SSVR. 'No negotiation' is just a standard builder line. You are absolutely right, 2-3% is always possible, especially if you show serious interest in closing fast or if it's indeed one of the last few units. I've seen friends get that much off just by pushing hard. Don't fall for their 'final price' stunt. What's the per sqft rate they are quoting?
Panathur is getting super congested now. Is that 90L inclusive of all charges or just base price? Because those 'hidden charges' can easily add another 5-10 lakhs. Be very careful with the final figure.
True that, U1. But sometimes, they offer 'free' amenities instead of direct cash discount. Like modular kitchen or ACs. Those can also add up to 2-3% of the value. Negotiate on that if they are rigid on price. Have you checked their RERA status?
Exactly! My cousin got a decent discount in Aavalahalli last year, same story. Builders will always say no, but when it comes to closing the deal, they become a bit flexible. You just need to be patient and show them you're ready to walk away.