DLF – India’s biggest realty developer has decided to cut the flat rates by 20% for the purchasers of its new residential venture in Gurgaon. As per to the sources saying at the www.propertykhazana.com, DLF is giving 5% discount over the basic auction rate for its purchasers, additional 10% while repayment and an hike in the payment rate for holdup from up to Rs. 6 per Sq.ft per month to Rs. 15 per Sq.ft. DLF is likely to give same package for clients of its ‘Express Greens’ venture in Gurgaon and in other cities. One more realty developer Omaxe is also promoting the same package for its Greater Noida clients. Promoters and Builders Association of Pune, 300 member burly bodies of developers has worked out a plan in which members pay three EMIs if the purchaser loses his job owing to downturn.
Managing Director of Goel Ganga Group said to the www.propertykhazana.com that, “We need our customers to find a good job and not to get nervous over the EMIs they have to pay.” Mont Vert, has prepared a plan under which the occupant will be able to purchase the flat after his/her contract ends, the rent paid will be counted as down payment and will be cut from the last auction rate. Even if Mumbai has not witnessed any amazing plan after the Cosmos Group’s offered ‘buy one get one free’ and guaranteed concession from Sunil Mantri Realty, developers like Nirmal Lifestyle, HDIL and others have opened flats at rates for about 20-35% lesser than the market rates.
For more updates on real estate market browse www.propertykhazana.com.
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