The need to excel inspires young property businessman Pulkit Vij to innovate every day, every hour of his life. In this regard, the head of Kamal Associates, a firm with 20-years of experience in this field, has come up with a unique cash-back scheme for buyers of affordable housing in Delhi. Under this scheme, the company will provide a good discount to buyers who book their flats with a down payment of at least Rs. 5 lakh. Kamal Associates is going to provide them a monthly rental guarantee, for at least next 12 months, starting from the date of down payment.
Talking about this new scheme launched recently, Pulkit informs, “We are committed to provide a good return to the buyer on his property. If you pay me Rs 5 lakh down payment, we will hand over rent receipts worth Rs 5,000 each for the next 12 payments, right then and there. So, in effect you are paying me only Rs. 4,40,000. That is the kind of rental income comparable to what the big builders are offering in Gurugram/Noida. And our aim is to reach their scale in the coming years.”
This is a new type of cash-back concept in property business that Kamal Associates is introducing for small-scale buyers, who need, rather than want, a home for themselves. The scheme is also an attempt to keep the property prices within an affordable bracket for their loyal clients, who are growing in numbers with each passing day.