Agreement sector has risen up from the just a sale and buy type of ideology for an ideology that now focuses more on it options in several types of properties. People who find themselves smart enough to know about the right place and right type of property to buy will likely recover future advantages from their investments.
Assured Return Investment is often a scheme which works like a two-way benefit scheme. This can be a type of property investment in which the buyer bakes an agreement together with the seller to get a monthly return amount of 9% to 15% from your total property’s value that will be constructed. The scheme is generally for commercial spaces because these are slow moving assets that have an excellent potential of generating income as soon as the construction is finished.
Some Important Details of The Scheme
1. The scheme is created by the builders given that they were not able to pay the rates that this banks were charging them on construction loans. Banks in India be interested rate of 16% to 24%, that’s much too higher for a developer who’s looking to establish himself on the market.
2. The builder makes an agreement through which he/she mentions the clause the location where the buyer can exit the sale as soon as the completing the project.
3. In other case, the customer can follow the deal as well as the seller would eventually lease the house to some tenant with a monthly rent basis how much which may be decided on grounds in the total value of the property in the market, for example – if the value of a home is 1 crore in the market, then a rent would be around 12 to fifteen percent from the amount, i.e. 12 lakhs to 15 lakhs. The purchaser would either be provided with 1 lakh a month or 12 lakhs annually by the developer that has leased the home.
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