Sare Homes announces new payment plan for 200 apartments
Under the advantage payment plan, customers can buy an apartment by paying 2 per cent of its total cost as downpayment
Oct 10, 2014
Source : The Economic Times
Housing Proj

 

NEW DELHI: Realty firm Sare Homes has announced to offer 200 apartments under the payment plan, in which customers can own a apartment by paying 2 per cent of the total cost as down payment. 

"Under the advantage payment plan, customers can buy an apartment by paying 2 per cent of its total cost as downpayment but provided their loan has been approved by the bank and they have to remaining 18 per cent in 9 installments within two years of the allotment," Sare Homes Managing Director Vineet Relia said. 

Under this payment plan the company will offer 200 apartments at SARE Crescent ParC Township in Ghaziabad near National Highway 24. The apartments will be offered at cost of Rs 32 lakh and Rs 50 lakh. 

Relia added that the innovative plan will help the aspiring customers to purchase their dream homes without denting their pockets Ghaziabad. 

"Our township is in advanced stage of construction while families are already living in Phase 1 and 2. Whereas Phase 3 is almost ready for possession and construction is in full swing at Phase 3," he said. 

SARE Homes is promoted by an offshore fund Duet Group focused on developing residential real estate. The company has properties in India valued at Rs 4,100 crore.

Latest Realty News

Mahindra Lifespaces Developers launches affordable housing project in Mumbai
Oct 10, 2014
Mahindra Lifespaces Developers, the real estate arm of Mahindra Group,launched its second affordable housing project
Bloomberg TV announces Top Real Estate Developers across major Indian cities
Oct 10, 2014
Bloomberg TV India announces the top real estate developers across major cities in India to analyse the most successful real estate firms
RBI concerned about banks’ exposure to real estate, infrastructure
Oct 09, 2014
The Reserve Bank of India (RBI) is concerned about the extent of banks’ exposure to the real estate and infrastructure sectors, deputy governor R. Gandhi said
Indian REITs, InvITs must be more tax efficient – APREA
Oct 09, 2014
The tax treatment of India’s new real estate investment trusts (REITs) regime should be changed to remove stumbling blocks to investment in the vehicles, a lobby group has said
Special police force to check illegal land dealings
Oct 09, 2014
With an objective of tightening the noose around land mafia, the state government has set up a specialized force to look into illegal land dealings
Building construction norms to be simplified in 3 months
Oct 09, 2014
The urban development ministry has set a three-month deadline to notify simplified rules for obtaining sanctions for building construction in Delhi
No Breach of Model Code in Haryana Government Nod to Vadra-DLF Land Deal
Oct 09, 2014
The Election Commission ruled that there appears to be no violation of the model code of conduct by Haryana government in clearing the land deal between Robert Vadra and real estate major DLF
L&T Infra Finance to launch realty fund
Oct 09, 2014
L&T Infra Finance Private Equity, which is in the process of raising a total of Rs 3,750 crore in an overseas fund and a domestic fund, plans to launch a real estate fund
Home buyers not fully convinced about recovery in real estate sector
Oct 09, 2014
The tents are back on the streets of Noida. An army of property brokers that sells the dream and lure of real estate has dusted out their makeshift offices, fuelled by hopes of an economic recovery
Land row: HC orders Rs 40 lakh fine for sponsored litigation
Oct 09, 2014
In an unprecedented order, the Bombay high court has ordered a Mumbai resident to shell out Rs 40 lakhs as legal costs while dismissing his application seeking to stop the allotment of a sprawling plot in Versova to a cooperative housing society and halt development by a city builder

Latest Realty News Of State

Realty Talk's