Possession Linked Payment Plan

Possession Linked Payment Plan

In my previous post i discussed Why Under Construction Projects get Delayed? In continuation of same, lets find out how Possession Linked Payment Plan help to reduce the risk of project delay. Currently the most popular payment plan for property purchase is Construction Linked Payment Plan in which certain % of payment is released as the project progress i.e. at every stage of construction. Construction Linked Payment Plan is mutually beneficial for both buyer and the builder. In my opinion, It … [Read more...]

Why Under Construction Projects get Delayed?

Under Construction

The biggest worry of any buyer in Under Construction Project is delay in Possession of flat. Lets take the case of one of my reader Mr. Rupesh Shah from Ahmedabad who sought my advice in this regard. He booked a flat in 2008 from very reputed builder in Ahmedabad. Builder promised possession of flat by 2010, when Mr. Shah was planning to get married with his childhood love. The couple wanted to start their new life in new house. In 2014, the couple is blessed with 2nd child but still they are … [Read more...]

How to file RTI Application to BESCOM

RTI Application

RTI is most potent tool in the hands of citizens to bring transparency in the system. Any Citizen of India can file RTI application and seek information from Public Authorities. Recently the Resident Welfare Association of my complex proposed the collection of huge amount for replacement of Transformer oil of Electricity transformers installed in the society. This proposal was put across in special GBM and was approved with majority vote except few residents who opposed it. Based on my … [Read more...]

25 Kg Weight Loss in 6 Months

Weight Loss

Weight Loss is one of the most searched topic on internet. Obesity is the root cause of majority of lifestyle related diseases & other serious medical conditions. 6 months back, i hit a century (106*) not in cricket but in body weight. It was an alarm bell as i started facing other Health Issues due to obesity. I was a big time foodie contributing to the high profits of Soft Drink, Pizza, Burger & FMCG companies. In  my opinion if you eat food like a Medicine at young age than you need … [Read more...]