Pre-Launch Offers and Escalation Charges
Pre-Launch Offers and Escalation Charges
It seems Shriram Developers are trying to add 8%-10% as escalation charges for one of their apartment project. My friend booked early in the pre-launch and felt good about the last price which is appreciated from his booked price. Now the builder is trying to make higher profit with the appreciation (the one created artificially by developer) by adding the escalation charges on top of the pre-launch price. In real estate, customer is NOT the king and please be aware of this possibility when you are searching for pre-launch offers and in particular with this developer.