Why Builder's 10:90 Payment Scheme or Subvention Scheme is risky for Under Construction flat-buyers

Sales teams of builders offer you 10:90 payment schemes or some other variants of Buy-Now-Pay-Later subvention schemes, sometimes in collaboration with banks and financial institutions. Such payment plans and offers are extremely dangerous to flat-buyers, not only because they cause loss of financial judgement, but also because they are vague and misleading. The real workings of these schemes have huge downside risks for flat-buyers.
ISSUED IN PUBLIC INTEREST BY
Krishnaraj Rao
9821588114 and 8169471229
[e-mail]
Twitter @BravePedestrian
Mumbai
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