Builders attract investors with attractive offers!
Nowadays, investors and buyers are getting more cautious over late delivery of projects.
Due to which, developers are offering attractive offers to attract more and more investors.
As per report, more interests are being given than the bank on fixed deposits done by the investors.
A return of about 12% per annum can be expected by the investors if the project gets delayed or cancelled.
In Mumbai, investors pay the full amount of the project before its launch and later withdraw it when actual buyers show interest in the project.
So, to rope in more investors, builders have thought of this way to get finance for their project.
Source: Hindustan Times
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[...] Builders attract investors with attractive offers! [...]