V
Vikram Sharma
posted on 6 MayThings nobody tells first-time buyers about payment plans
Whitefield keeps coming up every time I shortlist something. Everyone glorifies construction-linked payment plans as 'safe', but are they actually? I'm looking at a 2BHK around ₹1.2 Cr with Prestige or Godrej. My parents keep saying just pay more upfront for a better deal. Honestly, I'm so confused. Aren't there always some hidden charges with these plans, like interest on delayed payments or crazy maintenance deposits? Also, should I even bother with brokers? I feel like going direct to the builder is always better for negotiations. Change my mind.
#first-time-buyer#payment-plan#hidden-charges#broker-vs-builder#whitefield
Comments
Totally feel you yaar! Whitefield prices are just crazy. And about CLPs, my friend got stuck with so many hidden charges, especially interest on delayed payments. It's like they promise one thing, then the fine print hits you. My parents also say pay more upfront, but when you're on a budget, it's not always an option, right?
Exactly! My cousin booked with a builder in Akshayanagar on a CLP, and by the time possession came, the 'final adjustment' increased his