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.

Porperty Channel – MagicBricks Now

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Times Network is ready to launch India’s first housing and property channel known as “MagicBricks Now” and it is going on air from November 1, 2015.

On last Wednesday, officials from Times Network formally announced in New Delhi that they are ready to launch India’s first property channel “MagicBricks Now”. It is all set to go on air from November 1, 2015, and announcement was made in the presence of Union Minister of Urban Development, M Venkaiah Naidu.

According to M Venkaiah Naidu, “I am happy that now onwards there will be more focus on real estate sector and first time investors or buyers will have place to learn something in real estate sector. News and views should remain separate and it is expected that it will help to create the platform for the housing sector and it will help to tie up the government and real estate builders with an aim to create houses for all segments, to get succeed in central government’s mission “Housing for all by 2022”.

Why property channel?

In present the advertising market of real estate in India is about Rs 2,500 crore of which more than Rs 900 crore is garnered by the Times Group itself, especially in the print segment. And now by launching new channel MagicBricks Now”, the Times Group is attempting to increase the market share of real estate advertising as well as want to educate people about real estate trends and pricing factor. Faye D’Souza, the channel’s editor explained that how this new channel will focus on the end consumer with an aim to serve as a platform for the real estate development and infrastructure sector. The more he added that MagicBricks Now” will have singular focus i.e. to educate the end consumer.

How this new channel will deliver information and analysis?

This new channel will showcase rich array of programs which will range from debates to news bulletins and leadership insights to experts views and all about real estate market. These things will help the Times Group to keep the end consumer informed and on the same time to serve as a common meeting ground for experts, first time buyers, sellers, big investors, and real estate developers  who are looking for serious business in real estate sector.

MK Anand, MD and CEO of Times Network stated while explaining the positioning of the channel, “MagicBricks Now has been launched with sole ambition to guide the consumer through process and decision making process with the help of views, analysis and debate of real estate leaders and experts. In present, real estate is of paramount importance in the life of normal people and real estate market is full of jargon, confusion and complexities. “MagicBricks Now” will be first and best unbiased, trustworthy and most authoritative property channel in the Indian property market to help the consumers”.

Channel Programs:

The channel programs will include The Home Buyer’s Guide, The Vastu show, Real Estate Tycoon’s, The Property Guide, Property Hotline, The Interiors Show, of course, ‘The News’, every hour. However; the main spotlights of the channel will on the relevant issues such as; local civic amenities, national property, sustainability, and environment issues will make the channel accessible to all. The marketing campaigns for channel will be unfold post Diwali and MK Anand expects that there will be more viewership for MagicBricks Now in comparison of other English News channels. He expects the channel to reach on the break even in next 4 to 5 months.

While speaking about the association with Times Network to create new channel “MagicBricks Now” Sudhir Pai, CEO of MagicBricks.com stated that “Now onwards we will be the part of MagicBricks Now and we are delighted to be a part of this initiative. Our endeavor is to make our brand ubiquitous across media with an aim to provide real and trustworthy analysis and in-depth information to the consumers. And with this association we will leverage the visual appeal of television to communicate with end users through rich data and experts view”.

The channel will have four partners; Hiranandani, Magicbricks, Mantri and Lotus Green.