Byaaj Mukt Awaas Yojana – A boon for home buyers
Byaaj Mukt Awaas Yojana
One of the top real estate consultant, Investors Clinic Infratech, is offering their latest scheme i.e. Byaaj Mukt Awaas Yojana, that will bring down the cost for prospective home buyers. By partnering with builders and financial institutions, the clinic offers interest free loans under the scheme for buyers towards purchase of flats.
In comparison to the conventional home loans or similar support based loans, the buyer is only required to pay half the amount by just providing the principal amount in 100 equal instalments. The company in its official statement said,” Now the cost of the flats will be completely interest-free, resulting in nearly 50 per cent lesser payout as compared to traditional home loans or prevalent subvention loan schemes cost,”
Elaborating about the scheme, CEO of Investors Clinic Infratech Pvt Ltd, Mr.Honey Katiyal said, “This is a very unique scheme for India and people all over the world. We have tied up with major names in real estate sector and financial sector to make it happen for the people of India. The best part is that you not only get interest free loan but also it has nothing to do with fluctuating interest rates. “The scheme has huge benefits on the cost saving part as a property of Rs 50 lakh will cost over 1crore after paying almost 100-120 per cent interest amount under the current popular schemes, whereas this scheme will let the buyer pay the amount equal to the cost of the property in 100 easy & EPRs (Equal Principal Repayment)”.
In the views of Mr.Sunny Katiyal, Director, Investors Clinic Infratech Pvt Ltd, the scheme is a landmark day for prospective home buyers and will go a long way in meeting the Hon’ble PM’s vision of Housing for All 2022. With this intention, the company is planning to sell over 60,000 units in the coming year. Prominent developers from the builders fraternity such as Aditya, H&S, Supertech, Ajnara, Lotus Greens, Jaypee Group and ABA Corp have partnered with Clinic under the scheme with India Bulls being roped in as the financial partner.
