Jalandhar: Diwali has passed and this passed Diwali also did not improve the slump of the Realty Markets. Experts associated with real estate and developers believed that even after such schemes and discounts, if the market does not improve in the season like Diwali, the situation may be worse, but the companies affiliated with the Realty Markets claim that even though Diwali has passed In the future, the concessions offered in the future will improve the realty market. Realty companies claim that even though Diwali has been a few days past but the festive season is not over. According to his claims, all the offers offered in the festive season will remain in place so that buyers come. Let’s also tell you what kind of offers are filled in the realty sector.
Cash Refund: Mostly Sectors with Realty groups have given cash discounts of 150-450 per sq ft on large flats in the festive season or book a flat under their plan, then you get discounts of 5 to 8 lakh on the flat of 50 lakhs. . This scheme is applicable to many places, including Omaxe, Interior ATS, EcoVillage of SuperTech. In addition, in the present time, the builders have added one-year running scheme under the cash refund. It has offers of registration and stamp duty charges and free car parking etc.
Modular Kitchen and Holiday Package: In the festive season, realty companies are also offering many attractive packages. These include free modular kitchen, free two or four wheeler, holiday package, gold quoin, white goods etc. Companies claim that these offers reduce the cost of flat to 5 to 7 percent compared to other days for the buyer. However, some people claim that the builders already add to the cost of these things as gifts, beforehand by concealing them. On the other hand, the companies have made the provision of cash by stating this claim as false, under which if you do not want any scheme, then in case of free items the cash can take discounts, but according to fixed conditions, the value of things about 50 percent of the amount is given only.
Change in Payment Plan: Earlier, the developers used to pay 10 percent of the payment on occupation and if the payment was late, 17 to 25 percent interest and late fine would also be added, but now it is not so. At present, pay 7-8 per cent now under the Festive Season and no monthly installments, such as Flaxibile Payment Plan, are offering many developers before getting possession or possession of the rest of the property. The experts say that these schemes are meant to eliminate the victim’s cache. However, these plans are not cheap. For those who opt for the SubVision scheme, the property costs more than the full payments.
Off on GST: Many developers have GS.T. Exemption from their own projects or any GST No such offers are offered. At first glance, it seems that GST This discount of the buyer will get a direct 12 percent discount (12 percent GST) under the construction cost but this is not so. If the builder adds this money to the cost of construction before the registry, then you get the benefit, otherwise you will not get it. Please tell GST Applies only to under-construction projects which have not been received for the Occupancy Certificate (OC). Therefore, G.S.T. on the Ready to Move In Property The false claim of forgiveness can neither be sold nor bought. If a builder works on GST under any under construction property If the benefits are being offered, then buyers need to be careful.
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