Sunday, 18 May 2014

Assured buy back scheme-Fruitful plan for property buyers

Buying property is one of the biggest steps in everybody's life and the purpose of buying a home has completely changed and buyers it only look for a space, but at the same time they look for the best amenities, jaw-dropping services, bountiful greenery, a perfect location which is close to many other important places for comfortable commuting, on the whole the approach towards buying property is completely changed.

And many different builders are coming with different projects and to tempt more they have come with a different scheme and one of them is Assured buy back scheme and in this plan buyer need to pay certain % of the total value and that is defined between 15-25% and the rest of the money is paid by the bank to the builder under subvention scheme, so buyers are free from the loans and interest and till 3 years as per the MOU and further buyers left with two options and that are either buy back his property to the builder and take a fixed return from the builder as shown in the agreement or else he can break the agreement , but that should be informed in before 2-3 months and sell the property by his own and where he finds the lucrative return, he can sell it. So this is the ultimate scheme and buyers can enjoy this scheme in many different projects and it keep the buyers in the win-win situation and ensure complete security.



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