Real estate developers are using all measures to attract flat buyers....I got an offer from a very reputed builder who is known for quality construction that if I book a flat with him I just pay 10 % for booking and registration and pay balance 90 % on possession after 3 years.. normally on such deals the flat is mortgaged to a housing finance company and builder pays EMI till possession and after the possession the house buyer starts paying EMI...but here I told them that I dont want to take a housing loan ...they are fine with 90 % payment at possession even without a home loan.
They even have multiple booking discounts.....good times for end user home buyers.....one builder in Thane ( near Mumbar ) has a scheme that if you book a flat with him , he will give you a flat of similar size in the same area till possession without you paying any rent......so 3 years rent is saved.....they even organise bridge finance....
Smart_trade