Realty Firms Launch Incentives & Offers to Mark 75th Independence Day

On the 75th Independence Day, the real estate sector has come out with offers to instil further confidence in the market. Some prominent offers include assured return, 25:75 payment plan, and a free rental period. Realtors feel that the market is buoyant, especially after the second wave, and it requires extra efforts from the developer community to ensure that buyers have something to celebrate in these challenging times. Noida-based Mahagun Group has offer under which the Group is offering 25:75 plan. The buyers will have to make 25 per cent payment and the rest after possession; the offer is for six of their projects, including Mahagun Montagge (Crossing Republik, Ghaziabad), Mahagun Mantraa (Greater Noida West), Mahagun MyWoods (Greater Noida West), Mahagun Meadow (Sector 150, Noida), Mahagun Mezzaria (Sector 78, Noida), and Mahagun Manorialle (Sector 128, Noida). The offer also includes one-year maintenance, free modular kitchen, zero per cent GST, 50% off on PLC, and free first transfer.  Mumbai developer Lodha has announced an initiative to empower ‘Young India’ that aims to enable aspiring millennials with increased accessibility to secure a quality starter home by extending zero EMI benefits till August 15, 2022. The initiative is valid for first-time home buyers and is applicable for all under-construction and ready units of 1BHK & studio configurations across Lodha developments. Rajasthan-based Bhumika Group is offering investment starting at Rs 30 lakh including GST for the expandable world-class office spaces starting from 496 sq ft at Udaipur’s Urban Square, iconic hospitality-focused mixed-use destination development with a balanced mix of Commercial, Retail, Hospitality and Entertainment. Urban Suites serviced apartments at Urban Square is offering an 8 percent assured return with investment starting from Rs 34 lakh inclusive of GST. Punjab-based real estate developer Motia Group has come up with a scheme to support the entrepreneur, which will help the economy grow. The company announced an 18-month free rental period for anyone who decides to open an office at Motiaz Royal Business Park, Zirakpur. The offer does not apply to the co-working spaces. Tata Housing is offering 74% savings on Stamp Duty across 16 projects in India. The company will enable homebuyers to celebrate the 74th Independence Day by offering 74% savings on Stamp Duty across India and Pay just 10% now, 90% in Jan 2022 in select projects, ranging from Rs. 20 Lakhs to Rs. 5 Cr.  The scheme allows customers the benefit of receiving a rebate on 74% stamp duty paid during registration as a part of their final instalment In addition to this the Pay just 10% now, 90% in Jan 2022 will allow customers to pay 10% now, register their property and pay the rest in Jan 2022 allowing them ease of payment in select RTMI and under construction projects.