M
Meenakshi Subramanian
posted on 14 MaySector 77 3BHK: Payment plans aur deals ka chakkar?
₹1.8 Cr for a 3BHK in Sector 77 feels high. Everyone glorifies CLP, but isn't a higher down payment smarter for better deals? PLC bhi waste lagta hai. Change my mind.
#payment-plan#plc#investor-strategy#sector-77#gurugram
Comments
Dekho, CLP ka apna logic hai. It's not always bad. For many, it's the only way to get into a new project without blocking a huge lump sum initially. Plus, builders often give better early bird discounts with CLP because they need that cash flow for construction. The higher down payment strategy is good if you have the liquidity, but not everyone does. Aur PLC, well, it's market reality for good locations, whether we like it or not. Corner plot, park facing, higher floor, it all adds up.
But isn't the interest on the home loan during the construction period a huge cost that people often overlook with CLP? You're paying for something you can't even use yet.
Yaar, ye ₹1.8 Cr for a 3BHK in Sector 77 sunke hi BP high ho jaata hai. As a first-time buyer, it feels like a massive leap of faith. Everyone on these forums praises Construction Linked Payment plans (CLP) for new projects, saying it's less burden initially. But isn't it smarter to pay a higher down payment if you can, to get a better deal or at least reduce the overall interest? Plus, ye PLC (Preferential Location Charges) toh totally waste of money lagta hai, iska koi real value hai bhi ya bas builder ka extra kamaane ka tareeka hai? Koi change my mind, please, because I'm genuinely confused and scared to make a wrong move.
Haan, same feeling yaar. PLC toh pura scam hai.
Bhai, you're spot on about CLP. Mera ek friend phasa hua hai aise hi ek project mein. Book kiya tha 2018 mein Sector 77 ke paas hi, bola tha 2021 tak possession mil jaayega. Abhi tak construction adha bhi nahi hua aur bank ki EMI chalu hai. Upar se builder ne payment plan modify kar diya beech mein. It's a nightmare. Always try to negotiate for a higher down payment discount if possible, it gives you more leverage and saves on interest in the long run. Don't fall for the 'easy payment' trap.
Totally agree with you! ₹1.8 Cr is a huge amount, especially for first-timers like us who are already stretching our budgets. I'm also looking in Sector 77 and the prices are just insane. CLP sounds good on paper but the uncertainty of construction delays and then paying interest on a non-existent home is what worries me the most.