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Divya Shah
posted on 19 MayNoida investors: Payment plan leverage ya secondary market?
Construction-linked payment plans are often a builder's trick to fund their project cheaply. I'm based in Dubai, looking at investment in Noida, maybe Sector 128. For Kingson Buildtech, is it smarter to push for a down payment discount ya construction-linked se leverage milega? I can't do site inspections, so secondary market deals through a good broker seem less risky for negotiation. But how much real negotiation space is there compared to new launches? Yaar, legal clarity bhi important hai. Change my mind.
#payment-plan-leverage#secondary-market#investor-noida#kingson-buildtech#sector-128
Comments
Secondary market mein bhi dikkat hoti hai yaar. Maine ek deal dekhi thi Ajayabpur mein, broker ne bola 'clear title hai', but jab lawyer se check karaya toh pata chala original documents mein problem thi. Hamesha independent legal advice lena, broker pe poora bharosa mat karna, especially from abroad.
Sahi keh rahe ho. Secondary market mein transparency issues bahut hain. Mere ek relative ne bhi Sector 150 mein ek resale deal dekhi thi, usme bhi property ke papers mein kuch
Legal advice ke liye koi specific firm recommend karoge Noida mein?
Kingson Buildtech Sector 128 ke liye, I heard unka RERA compliance bhi thoda shaky hai. Have you checked their RERA registration details for the specific project? Last year, they were offering some decent discounts on down payment but the per sqft rate was still higher than what I saw in some resale flats in nearby areas like Alistonia Estate. Kya Kingson ne abhi tak kisi project ka possession time pe diya hai?
Meri family ne Kingson ke ek project mein invest kiya tha near Alpha II, Greater Noida. Possession 1.5 saal late mila, with penalties that barely covered anything.
Kingson ne time pe possession? Bahut mushkil hai. Mera ek dost Sector 79 mein unke project mein hai, 2 saal late chal raha hai. RERA site pe check kiya tha, unke kai projects mein delays dikha raha hai. So, your point about RERA compliance is spot on.
Totally agree with you on the CLP point. Mera ek dost Alpha I Greater Noida mein phasa hua hai aise hi plan mein. Builder ne possession date 3 baar extend kar di hai. Dubai se invest kar rahe ho toh aur careful rehna padega, site visit ke bina risk zyada hai.
Bhai, you are absolutely right about CLPs being a builder's trick. Kingson Buildtech ka track record utna accha nahi hai. Secondary market mein discount milta hai, but legal checks bahut zaroori hain.
Legal clarity ke liye, kya independent lawyer hire karna best hai ya builder ke recommended lawyer pe trust kar sakte hain?
Exactly! Main bhi yahi soch raha tha. Down payment discount is usually better because you lock in the price and reduce your total outflow, assuming the project actually gets completed. CLP mein toh builder aapke paise se apna project chala raha hai, aur agar delay hua toh EMI aur rent dono dena padega. Bahut stress hota hai.