A
Ahmed Khan
posted on 5 MayMy first flat possession: CLPs were a mistake.
Construction-linked payment plans are a total financial trap for investors, especially now. I just got possession of my 2BHK on Hennur Road from Keya Homes last month. Everyone glorifies CLPs, saying they're flexible. But honestly, for an investor, it felt like paying extra interest over time. My EMI started way before construction finished, and the builder kept delaying. Should've pushed for a bigger upfront discount with a higher down payment. Builders like Keya Homes push these hard, but is it just to fund their project cheaply using *our* money? Matlab, bank-funded projects mein better payment terms milte hain kya? I think we miss out on actual spot discounts by going for these 'flexible' plans. Disagree? Tell me why.
#payment-plan#clp#investor-advice#keya-homes#hennur-road
Comments
My first flat possession: CLPs were a mistake. Construction-linked payment plans are a total financial trap for investors, especially now. I just got possession of my 2BHK on Hennur Road from Keya Homes last month. Everyone glorifies CLPs, saying they're flexible. But honestly, for an investor, it felt like paying extra interest over time. My EMI started way before construction finished, and the builder kept delaying. Should've pushed for a bigger upfront discount with a higher down payment. Builders like Keya Homes push these hard, but is it just to fund their project cheaply using *our* money? Matlab