New concepts for real estate property deal
As the proportion of sale of real estate properties in Mumbai reduce drastically, the builders are facing a huge crunch for cash inflow.
To overcome the situation and to generate momentum in sales, the builders are coming up with different deal options for their unsold properties.
Some builders in Mumbai region introduced a new scheme for their commercial properties. In the deal buyers have the option to pay 40% of the price initially and the balance they can pay in EMIs over a certain period of time.
Some builders are offering buy back scheme for the investors after a certain lock period.
According to experts these kind of offers give both the buyers and the builders a point of confidence.
More Related story:
Mumbai sees a down fall in real estate market
Source : Live Mint
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