Under-construction payment plans are a financial trap.
Since last year, I've been eyeing properties for a 3BHK in Greater Noida. My kids are growing up, need more space, and my wife's priority is a safe neighbourhood near a good school. We booked a 3BHK in Sector 150 with Godrej Properties, believing under-construction offered better payment flexibility. But honestly, construction-linked payment plans are proving quite draining. Builder ne 'target possession 2026' bola tha, but abhi tak basement ka kaam bhi pura nahi hua. Har kuch months mein they send a demand letter for the next stage, even if progress is minimal. EMI aur rent dono dena pad raha hai, which is tough. Is anyone else facing this with their under-construction projects, especially near Yamuna Expressway micro-markets? How do you manage the financial pressure when developers keep demanding payments without substantial work?
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