what is pre emi offer?

Q: Hi, i have checked for the availability in platina, but there is none, and found VGN stafford nearby and saw pre emi offer, anybody know anything about this? please share

Rutesh, Chennai

30th March 2013

Investment Advice in VGN Platina Welfare Association, Ambattur, Chennai

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Replies (14)

Under this offer, The builder will pay only interest on the loan amount directly to the bank till handover or till 24 months whichever is earlier. Remember! interest is only being paid, the loan amount does not decrease, after handover the EMI will increase as some part of principle amount is also to be paid.

Chandra sekar,

24th July 2013

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Can anyone clearly explain about Pre EMI? Vinod Menon will explained nicely, but i cant understand in detail.

Venumadhav, Chennai

20th May 2013

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Thank you Mam, You explain about EMI Very Clearly.It will be the helpful info for all of us...

Jagan, Chennai

30th April 2013

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Pre EMI - You take up a loan in Bank called ABC. ABC will have a contract with the builder. The builder will get the money in installment. For the money disbursed you need to pay EMI (Interest alone) until your EMI actual starts. Only when bank pays all the requested loan amount they will raise the ECS to get EMI's. Until then you pay your pre emi which is not detected from your actual loan amount.

Vinod Menon, Apartment Resident

29th April 2013

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I know very well about VGN. They did well in our flat developing. We are so happy and dealing with VGN developers is great.

Ram, Chennai

27th April 2013

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Hi Jagan, VGN is a reputed firm from the past. They develop all their flats with good quality. Just visit their previous projects you have a clear idea about them. If you want any info about their ongoing just visit our website http:/www.vgn.in

Rohini, Chennai

23rd April 2013

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Hi Friends, i also want the details of the VGN Stafford. We are in plan to buy a 2BHK. I heard more about VGN and i Have seen lot of good Reviews about VGN. Share your thoughts about VGN. It will be helpful to us...

Jagan, Chennai

22nd April 2013

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where is rohini? can anyone brief it what exactly and how much is the offer?

Amrith, Chennai

12th April 2013

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Rutesh-I am owner of Flat in VGN platina -if intrested to buy contact me -palinift@yahoo.com

Vivek, Chennai

12th April 2013

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it means you no need to pay EMI to your bank for 2 years ( which means till the handover)and for this 2 years they are paying the EMI to bank.got info from one of my friend who booked in stafford under pre emi

Kumar, Chennai

10th April 2013

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The whole group at VGN Builders has been attractive cooperative & communicates as well.

Adharva, Chennai

6th April 2013

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Is the No Pre EMI offer available for 3 BHK's as well ? If so, I'm interested to book here and it is worth it.

Arun Raghavan, Apartment Resident

4th April 2013

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i have seen the advertisement for pre emi is that , the builder is going to pay to the bank instead of you for 2 years. anyway confirm with rohini too

Velu, Chennai

30th March 2013

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as per my opinion EMI is like if we dont have cash we can buy in a credit card through some bank, so that we can pay slowly to bank, but for pre emi not sure. rohini will be here to to explain you the details, rohini , i am expecting your explanation, so that we all can know about your service.

Raj Anand, Chennai

30th March 2013

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