Developer Antriksh Group ready to take payment in small EMIs

ANTRIXNorth India-based real estate developer Antriksh Group has introduced a unique concept under which you can buy a flat by paying Rs 10,000 online, and pay remaining at the rate of 0.9% of the value per month.

The scheme is applicable on 5th July for its “Urban Greek” project in Dwarka in Delhi.

“Urban Greek” offers 1100 residential units (2-, 3- and 4-bedroom apartments in the size range of 900 sq ft. to 2,750 sq ft.

“Prospective buyers can book their expression of interest for BUYING OR WALKTHROUGHS by paying Rs 10,000 for a session to be held on 5th July at Radisson Blue, Dwarka, New Delhi,” the company said.

The Rs.10,000 is a blocking amount and is refundable, the company said.

The developer said the real estate sector is troubled due to “drifting of property buyers from new project launches on account of lack of information, uncertainty over project completion, tough economic conditions and lack of transparency.”

Antriksh Group Managing Director, Abhishek Goyat said: “We realized that there are a significant number of buyers who would want to buy a unique property through a simpler process and in lesser time with a hassle-free and transparent commitment.

“To meet those buyers expectation and providing them an easy solution to own their home, we entered into re-commerce business and first time in the history of real estate we created our own platform and, also launched easy buying option “NO LOAN DAY” for the customers.

“As it’s an online platform so everything would be crystal clear, customer can easily track all the transaction, location of the unit and the overall development. It will also help the end buyers to directly interact with the developer and developer would be directly responsible for everything. It will definitely bridge the gap between both the communities and industry will gain the trust back.”

Real Estate purchases have largely dried up due to high prices, and developers are trying everything they can to lure buyers back. The prospect of having the developer finance the loan by agreeing to take payment in an EMI is likely to be attractive, especially to those who find getting loans difficult.

The group also expects the online platform to be more friendly for international buyers, who now make up a large, if not the major chunk of buyers of property in big cities in India.

Antriksh Group was established in the year 1990 by Rajbir Singh Goyat and claims to have delivered over 55 housing projects till date. It said it is building another 12 projects across the country.

The Company claims to have built and delivered a total of 10,000,000 sq.ft. of space till date and is active in Delhi-NCR, Haryana, Uttar Pradesh and Rajasthan.