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Ananya Goel
posted on 10 MayStuck on payment plan for my first Rajkot flat
Construction-linked payment plans feel like a trap sometimes. I'm eyeing a 2BHK in Krishna Kunj, around ₹60L. Ansal API offers CLP or 20% down. My parents say down payment is safer, but EMI starts sooner. What's the real all-in cost difference? Is CLP smarter for a first-time buyer?
#first-time-buyer#payment-plan#rajkot#krishna-kunj#ansal-api
Comments
Dekho, if you have the funds for 20% down, go for it. EMI will start, but at least you're not stuck paying for a project that's moving at a snail's pace. CLP is good for people who need to spread out their payments, but the risk of delay is huge. Krishna Kunj mein prices have been stable lately, so don't expect a huge appreciation immediately. Focus on possession and builder's credibility.
Is Ansal API's Krishna Kunj project RERA registered? And what's the typical possession timeline they are quoting? Market mein abhi Rajkot mein thodi correction aayi hai, so maybe there's room to negotiate on the price, especially if it's CLP.
2026 end? For a new project, that sounds okay, but still risky for CLP.
Yes, it is RERA registered, I checked. Their RERA ID is RERAPRJ456789. They are quoting 2026 end for possession. But like others said, Ansal API has a reputation for delays. Negotiation is a good point, I hadn't thought of that.
Ansal API, Krishna Kunj? Be very careful. Mera ek dost फंसा हुआ है in their other project near Ring Road. CLP sounds good on paper, but if construction gets delayed, you're paying EMIs without possession. Parents ki advice suno, down payment is safer if you can manage it. Builders often use CLP to fund construction with your money, which is risky for us buyers.
Exactly! Ansal API ka RERA number check karo. Most of their projects in Rajkot have extended deadlines. Krishna Kunj mein bhi same issue ho sakta hai. Better to check their past project completion certificates before committing to any payment plan. ₹60L is a big amount for a first home.
Haan, mere cousin ke saath bhi yahi hua. Builder ne bola 3 saal mein possession, ab 5 saal ho gaye hain aur abhi tak interior ka kaam chal raha hai. Bank EMI bhi jaa rahi hai aur rent bhi. Bahut mushkil hai.
Sahi baat hai yaar, construction delay toh common hai ab. Phir double burden ho jaata hai.
Totally relate, bhai! Yeh CLP ka chakkar samajh hi nahi aata. First-time buyer ke liye toh aur confusion badh jaati hai. ₹60L in Krishna Kunj sounds decent for a 2BHK, but Ansal API ka track record dekh lena, suna hai thoda upar-neeche rehta hai.
Construction-linked payment plans feel like a trap sometimes. I'm eyeing a 2BHK in Krishna Kunj, around ₹60L. Ansal API offers CLP or 20% down. My parents say down payment is safer, but EMI starts sooner. What's the real all-in cost difference? Is CLP smarter for a first-time buyer?