amit r
Q: Hi!, I have seen many web posts for buying Residential plots in different regions of Bangalore and these plots are being offered by the developer on EMIs. I am doubtful on such offers as banks are not involved in financing or EMIs. One of such post I saw was http://www.99acres.com/customised/sri-balaji-residency-whitefield-bangalore-residential-property/emi-scheme-sri-balaji-residency-whitefield-bangalore-residential-property.htm. I dont want to go for Bank loans but I am seriously thinking about investing in such EMI based buy option. so please suggest if it is a going to be a safe investment of 4-8 Lacs. Also, kindly suggest some reputed developers whom can be contact for buying such plots on EMIs in Bangalore. What are the legal things we have to keep in mind while buying such plots ? Thanks, Amit

My replies to this discussion
Hi Hari Lal, Thank you very much for responding to my query. 1. My concern is how reliable are these builders who come up with such EMI schemes.?How safe and reliable are these builders/Brokers/Agents ? 2. Do you know anybody who has spent in such scheme in your friend circle ? 3. Have you ever heard of any cheating/fraud case under similar payment scheme? 4. Can you suggest some reliable builders who offer plots on similar easy EMIs for 2-4 years duration ?Hi Hari Lal, Thank you very much for responding to my query. 1. My concern is how reliable are these builders who come up with such EMI schemes.?How safe and reliable are these builders/Brokers/Agents ? 2. Do you know anybody who has spent in such scheme in your friend circle ? 3. Have you ever heard of any cheating/fraud case under similar payment scheme? 4. Can you suggest some reliable builders who offer plots on similar easy EMIs for 2-4 years duration ?
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