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Q: Hi, I would like to book a flat in Prajay Megapolis.

Need the following clarifications.
Did anyone purchased flat in Megapolis with Pre-EMI Scheme? If so, please let me know whether Prajay is paying EMI directly to Bank? What is the payment schedule for Pre-EMI offer? Is there any Tripartite agreement with Banker? Appreciate if the details are provided by a flat owner who purchased flat in Megapolis under pre-EMI scheme.

I understand that the project is being constructed in the site with GPA title and the site is not registered in the name of Prajay. Will there be any chance of getting into Legal issues as Prajay is not the registered owner of the site?
Thanks in advance.
Latest Answer: Hi, Did you get 100% reimbursement on Pre-EMI you paid? OR, Are they deducting any amount as tax from that amount?
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Q: What is pre-EMI interest?
Latest Answer: Pre emi is the simple interest that one pays on the loan amount. This is usually paid when you are taking possession of the home.
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Q: Can anyone help me out as to what is the difference between pre-EMI and EMI?
Latest Answer: What do you need to know about Pre-EMI financing option? please let me know I am confused while selecting EMI option...
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