Pune realty developers attract home buyers offering freebies

Q: Is this move comes in the backdrop of a stiff year that went by?

Shrabani Deodhar, Pune

17th March 2015

Real estate News in Pune

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property in pune

real estate pune

festival discounts

festival season offers

gudi padwa

home buyers expectations

pre-launch offers in pune

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Replies (6)

Hi rahul, Are you an real estate agent Register/Login at Agents Login to get matching buyers and tenants.

Sneha Ambedkar, Pune

7th May 2015

Comment

Dear All,

Red Coupon is the new Home Discount Coupon offered by "Discounted Flats". A brand new discount scheme offering assured discounts up to Rs. 5 Lacs. Discount will be varying from property to property. Red Coupon offers 15000 Flats at 22 prominent locations & lowest rates. Lowest Rates or Refund Guarantee.

Red Coupon is money back guarantee offer. Hence, its a limited period offer. Minimum Rs. 50,000 to 5,00,000 can be saved by the RED COUPON on your dream homes or properties in & around Pune. You can visit at http://www.discountedflats.com for more details.

Rahul, Pune

Official account of - Discounted Flats

30th April 2015

Comment

Well Ketal,
Now, buyers can book the residential unit by paying just 10% of its purchase value. This will be inclusive of registration charges, stamp duty and VAT as well. Subsequently, the bank/financial institution will pay 70% of the value at various stages of development following which the customer will pay 10% more. Finally, the bank/financial institution will pay the remaining 10% at the time of possession.

Devesh Kumar, Ahmedabad

19th March 2015

Comment

Hi everybody,
As i heard that to attract the home buyers, that are expected to be offered vary from a 10% discount in prices compared to existing market prices, special home loan rates of 8% for the first 2 yrs, to a Rs 100000 worth furniture voucher on the sale of selected units.

Many of these are expected to be pre-launch offers. Pre-launch offers are also expected to include a buyer-friendly 10:70:10:10 home loan facility.

Ketalpujara, Mumbai

18th March 2015

Comment

@Sneha,
It means this has result in developers to turning to alternative methods to sell inventory in a market fast changing into a buyers market. The upcoming festival of Gudi Padwa on March 21st will provide an excellent opportunity to developers to offer freebies as festival bonanza to prospective buyers.

Rajiv Bajaj, Pune

17th March 2015

Comment

Right Rajiv,
This is expected to provide a much needed push to the falling residential realty market of the city, the momentum of which is expected to carry it forward. Many developers are expected to trade their projects during this festive season, with projects ranging in price from Rs 16 lakh to Rs 3 crore.

Sneha Ambedkar, Pune

17th March 2015

Thanks Sneha,.
I am curious to know that what kind of discount Pune developers are offering to the home buyers? What about the pre-launch offer for the new projects?

Rajiv Bajaj, Pune

17th March 2015

Dear Sneha,

Red Coupon is the Home Discount Coupon offered by "Discounted Flats".

Don't hesitate to avail fabulous RED COUPON offer. Buyers can avail discounts up to Rs. 5 Lacs. Red Coupon is limited offer. Red Coupon is money back guarantee offer. Minimum 50,000 to 5,00,000 Rs. can be saved by the RED COUPON offer's discount. you can visit http://www.discountedflats.com for more details.

Rahul, Pune

30th April 2015

Official account of - Discounted Flats

Hi,
Pune realty developers facing a crisis of sorts in terms of demand-supply mismatch of their residential projects, they are making use of alternative methods to off-sale the gather inventory at their disposal. This is one of the techniques opt by many developers involves offering home buyers freebies in the form of discounts and gifts as festival boon.

Sneha Ambedkar, Pune

17th March 2015

Comment

HI Sneha,
What was the residential market scenario in 2014 compared to the 2013? What were the number of project launched in the 2014? Did the recently announced Union Budget not help the sentiment of the prospective home buyers?

Rajiv Bajaj, Pune

17th March 2015

Hello Rajiv,
Pune residential sales is also going through a tough phase. Even the recently announced Union Budget did not do much to ease the sentiment of the prospective home buyer. Residential sales across Pune in 2014 drop considerably compared to 2013. It decreased from about 38000 units in 2013 to about 34870 units in 2014, recording a drop of about 10%. Besides, residential launches across the city also fell by a whopping 26% in the 2nd half of 2014 compared to the same period in the previous year.

Sneha Ambedkar, Pune

17th March 2015