Builder property swap scheme | Property swap NCR

Builder property swap scheme | Property swap NCR

"Property Swap" for stuck real estate property buyers
“Property Swap” for stuck real estate property buyers

Builders offer property-swap scheme to buyers of stalled projects
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Switch the stuck property
Switch the stuck property call 9958959555

Builders offer property-swap scheme to buyers of stalled projects

Real estate developers operating in the National Capital Region (NCR) have started offering a property-swap scheme to homebuyers who are stuck in stalled projects. The scheme requires paying at least two-thirds of the new property’s value for the swap to take place.

Real estate developers in NCR, to bolster sales numbers, have started offering a scheme to buyers stuck in stalled real estate projects, as per which, buyers can switch to a new property (under-construction or ready-to-move-in) if they pay at least 70 percent of the new property’s value. Nearly two lakh units in the NCR are stalled with builders unable to deliver the project due to liquidity crisis.

If you are interested to swap your property with a ready possession property Residential or Commercial Call us @ +919958959555

Once a stalled unit has been swapped for another unit, the developer who sold the latter shall work to recover the balance amount which the home buyer had initially paid for the now-stalled property (usually 20 to 30 percent of the total value). This would take place once the stalled project gets completed and the originally-purchased unit gets sold.

Another advantage of this scheme, which has attracted real estate developers, is its potential to target a large group of homebuyers who are suffering due to a stalled project. Resultantly, if a builder gets in contact with a group of such distressed homebuyers, he/she can cut expenses on marketing and brokerage, which usually come up to 30 percent of the total property cost.

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