New Delhi: on line marketplace Snapdeal has tied up with realty company Puravankara projects tomarketplace two hundred geared up-to-occupy flats in Chennai, Bengaluru, Coimbatore and Kochi, whileoffering assured rent for seven years to customers.
Snapdeal and Puravankara in association with property representative JLL India on Thursday introducedthe release of a ‘managed residences Plan’ beneath which flat owners could get fixed condo returns for seven years, at the side of a further apartment appreciation benefit of eight consistent with cent in keeping with annum.
beneath this scheme, Puravankara might provide two hundred apartments in a charge range of Rs 35 lakh to Rs 3.5 crore on Snapdeal for 10 days beginning may additionally 27. individuals who bookonline all through this period may even get a Snapdeal buy voucher of Rs 25,000, according to aassertion.
“The 3–manner partnership between Snapdeal, Puravankara initiatives and JLL India will allow customersto purchase a geared up-to-occupy apartment from Puravankara throughout Bangalore, Chennai, Coimbatore and Kochi and rent it returned to Puravankara for a gotten smaller term of 7 years,” Snapdealstated.
JLL has been appointed because the hire supervisor to help it in in addition sub-leasing the residentialflats to tenants and provide leasing related services.
clients could have an alternative of premature withdrawal from the rent settlement in case they select to occupy the apartments or manage the condominium procedure themselves.
“Snapdeal’s real property category has acquired a phenomenal response from clients due to the fact that its launch witnessing 300 according to cent 12 months-on-yr boom,” a employer spokespersonstated, including that it has cast alliances with depended on developers to offer a number housingoptions for clients in a problem–loose and transparent way.
“even as developers in the past have supplied rent assurances for one or years, it’s miles for the primarytime a developer has taken a seven 12 months long time view on leases,” Puravankara projects MD Ashish Puravankara stated.
