Amidst rising interest rates, developers offer freedom from EMIs to homebuyers


New Delhi, August 10, 2022: India is in its 75th year of Independence. The government has launched an initiative Azadi Ka Amrit Mahotsav to celebrate and commemorate 75 years of Independence and the country’s glorious history, culture and achievements. The real estate sector is one of the important sectors who have contributed heavily to employment generation and GDP of the country in these past years.

Post Covid, the housing market has seen a revival in demand due to the low interest rate regime. Recently, the increased input costs have already compelled many developers to hike property prices in the first half of 2022. The RBI’s three consecutive repo rate hikes have also added to homebuyers’ woes and together these factors can dent demand over the short-term. Repo rate hikes are a major concern for the real estate industry and therefore to mitigate this impact, realty developers are coming up with various offers to release the burden of the homebuyers.

Here are a few offers from developers which can be availed by the homebuyers this Independence Day:

Runwal Group

Runwal Group presents the Mega Freedom Offer! This festive season, you can buy a Runwal home with never-before easy payment plans offering a one-year payment holiday. Here’s a great opportunity to enjoy freedom from EMI’s and your home loan interest worries. These offers are valid across the Runwal Group’s finest lifestyle addresses in Kanjurmarg, Mulund & Dombivli. Offer valid for a limited period only on select inventory till 15th August 2022.

Mr. Rajat Rastogi – Executive Director, Runwal Group
“Independence Day is a milestone, for the country and also for us as citizens. The natural extension of this is to allow freedom and independence to touch every aspect of our lives. We believe owning your home gives the individual and the family true freedom from rents, uncertainty and allows a person to live on his own terms. As part of our annual independence day celebrations, we’ve launched attractive promotions across all our projects and are already seeing an excellent response. As a company, we’ve witnessed the best month ever in July and are very positive that August will be even better. The Runwal group has a laser sharp focus on customer requirements and these offers are but a reflection of that philosophy.”

Tridhaatu Realty

This Festive Season, Tridhaatu Realty brings an exclusive offer for their customers, where one can avail Premium 2 BHK Air Conditioned Homes furnished by IKEA in their project Tridhaatu Morya located at Chembur along with 20:70:10 payment plans, Zero Stamp Duty, Zero GST and spot booking benefits.  The project is Nearing Completion. Offers are valid for a limited period and for limited inventory. So, hurry and grab the exciting offers!

Mr. Govind Krishnan Muthukumar, Co-founder & Director, Tridhaatu Realty
“As the country is about to mark its 75 glorious years of Independence, we at Tridhaatu Realty are celebrating the occasion by providing offers that will meet the modern needs of the homebuyers. We are providing our customers an attractive value proposition, amidst the rising property prices, where we should see their confidence in the sector increase, and boost consumption. We are optimistic that this season will give the much-needed positivity and hope the real estate sector needs.”

CR Realty

This Independence Day CR Realty launches an exclusive offer for the upcoming festive season at their project Primo located in Bhandup for potential homebuyers. Advantage can be taken of Flexi-payment plans, which include 50% payment at the time of booking and the rest at Possession.

Mr. Cherag Ramakrishnan, Managing Director, CR Realty
“We at CR Realty believe in supporting our customers and giving them the flexibility to tailor make their dream home purchase. This is why we have specially curated this offer for our potential homebuyers. The Flexi payment plan shall not only guarantee our customers a pocket-friendly deal but also give them a sense of freedom from investing a heavy amount at one go. This offer clearly reflects our confidence in the final delivery of their respective homes.”

Group Satellite

This Independence Day, Group Satellite is offering an assured bumper prize on every booking along with a 50% discount on Stamp Duty Charges for their residential project Aarambh at Malad. The buyers will get a chance to avail of bumper prizes such as 43 inches TV, 5 Gram Gold Coin, an Electric Bike & Fossil watch. The offers are only for a limited period of time, starting from 12th August 2022 to 12th September 2022. So, hurry and grab the perfect deal for your new home this festive season.

Mr. Himanshu Jain, VP – Sales, Marketing, and CRM, Satellite Developers Private Limited (SDPL)
“Our country is achieving the milestone of completing 75 years of independence and therefore we at Group Satellite extend happiness with some exclusive offers to let our customers feel the essence of freedom they get when they purchase their own home. All the offers are thoughtfully designed and put together. We as a company believe in providing the maximum benefits and quality life to our customers and shall continue doing it for the many more years to come.”

JP Infra Mumbai Private Limited

JP Infra launches an exclusive offer this festive season by providing a complimentary modular kitchen at their select projects of JP North located in Mira Road for potential homebuyers. The bumper offer is only for a limited period of time, starting from 13th August 2022 to 16th August 2022 for 1, 2 and 3 BHK spacious homes.

Corporate Comm India (CCI Newswire)