Announcement

Collapse
No announcement yet.

Profile funding fraud in Noida

Collapse
X
Collapse

Profile funding fraud in Noida

Last updated: October 1 2020
0 | Posts
95 | Views
  • Time
  • Show
Clear All
new posts

  • Profile funding fraud in Noida

    My close relative got involved in couple of Profile Funding Projects in Noida. Builder got the loan approved with non banking lender, I am assuming they had some settings in background. The loan was with no EMI for 1.5 years, but now EMI is going to start. Since the market is not down and flats are not ready, builder is not ready to buy these flats.
    My relative doesn't have capability to pay the EMI. What are the options we have over here ? The agreement says 15% penalty for closing the flat with builder. Please suggest what should we do here.
Tags: None
Have any questions or thoughts about this?
Working...
X