What are you get­ting for free?


HT Estates - - FRONT PAGE -

Alak­nanda CR Park De­fence Colony East of Kailash Greater Kailash Kalkaji What’s on of­fer? De­vel­op­ers are of­fer­ing a va­ri­ety of free­bies such as air-con­di­tion­ers, fully fur­nished kitchens and wardrobes, gold coins, free cars etc and at­trac­tive pay­ment plans this fes­tive sea­son. Some are also of­fer­ing price dis­counts with a 5% to 10% re­duc­tion in the ba­sic sell­ing price Read­ing be­tween the lines: Those go­ing in for elec­tronic ap­pli­ances, con­sumer goods, hol­i­day pack­ages and cars must un­der­stand that these free­bies trans­late into mar­ginal dis­counts only. The value of such dis­counts is in pro­por­tion to the average ticket size of an apart­ment Sub­ven­tion schemes: Many de­vel­op­ers of­fer a 10:80:10, a pos­ses­sion-linked plan which means that you can book a unit by pay­ing 10% of the cost and the bal­ance at the time of pos­ses­sion. Read the fine print of these schemes Price check: Most builders hike prices be­fore the fes­ti­val sea­son. Buy­ers should find out how much these prop­er­ties were priced three to six months ago to see if the dis­count is gen­uine or whether the de­vel­oper has in­flated the price and is tak­ing them for a ride Do you need the gifts? If you do not re­quire the white goods or the fur­ni­ture be­ing of­fered by the builder, find out if there is room for you to get a bet­ter dis­count. The price of­fered to you may in­clude the cost of these free items La­j­pat Na­gar Malviya Na­gar New Friends Colony

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