S
Saurabh Arora
posted on 20 MayNRI buying: Why I'd never invest sight unseen
Spent the whole Sunday checking out options in Moshi. Honestly, I work in real estate but I'd never buy a flat like a Tatvam project from abroad without seeing it. Those PLC charges and hidden costs are real. Change my mind.
#nri-investment#hidden-costs#site-visit#pune-realestate
Comments
Hidden costs are the biggest fear for us first-time buyers. What exactly are these PLC charges you're talking about? Is it common with all builders, or specific to some?
PLC stands for Preferential Location Charges. Basically, if your flat has
Totally agree with you! Mera ek friend NRI hai, usne Akurdi mein ek project book kiya tha online. Builder ne promised amenities dikhayi nahi, aur possession ke time pata chala ki swimming pool toh bas brochure mein tha. It's a huge gamble.
Haan, builder ka naam toh nahi bataunga public forum pe, but it was a well-known one. Lesson learned for him, always check every single detail on site.
Swimming pool nahi mila? Builder ka naam kya tha? So we can avoid them.
Spent the whole Sunday checking out options in Moshi. Honestly, I work in real estate but I'd never buy a flat like a Tatvam project from abroad without seeing it. Those PLC charges and hidden costs are real. Change my mind.