Is downpayment a better option

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mohan dani

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Nov 25, 2009, 11:14:37 AM11/25/09
to 3C lotus boulevard
Dear 3c lotus owners,
Could you please share your thoughts on whether downpayment is really
a better option as compared to Construction Linked Plan. I will be
taking around 40% of cost as bank loan.

Thanks,

Jamwal

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Nov 27, 2009, 9:10:38 AM11/27/09
to 3C lotus boulevard
That seems to be most confusing part here, i believe
Any one out there who can share his/her financial expertise or any
advice on this, although it seems personal decision to choose payment
plan at the end

cheers!

Tsering Norboo

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Nov 29, 2009, 3:37:48 AM11/29/09
to 3c-lotus-...@googlegroups.com

I have the same question in my mind, In my case I was thinking to take loan around 30% of price.
Can anyone have any suggestion!!

manish

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Nov 29, 2009, 8:53:05 PM11/29/09
to 3C lotus boulevard
I think it is not a simple answer or just matter of calculation. It
depends on 2 factors

1. How you have invested the money in hand
2. How much risk you percieve in builder slipping on the construction
schedule

I personally believe it is safer to go for CLP. You might have saved
couple of percent in down payment, but you have a better control of
your money and an incentive for builder for keep coming back to get
the next installment.

Regards,
Manish
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dithi sengupta

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Nov 29, 2009, 11:17:17 PM11/29/09
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HELLO All,
 
 Can anyone tell me about possession of Phase 3 as per allotment letter.
 
regards,
Dithi
 

dithi sengupta

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Nov 29, 2009, 11:57:32 PM11/29/09
to 3c-lotus-...@googlegroups.com
Dear All 3C members,
Let us all meet on 13th of december at 3C site.
 
Regards
 
Dithi

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