homebuyers. But since most developers are facing cash flow problems, it is important for you to understand if they have the ability to fulfil their promises.
Read on to know more.Developers come out with discounts and offers during the festive season but covid-19 has forced them to roll out schemes now. “Developers are offerings schemes with waivers of charges such as stamp duty and registration fees as well as innovative payment schemes," said Dhruv Agarwala, group CEO, Housing.com, Makaan.com and PropTiger.com.“Sales more than halved during the lockdown period.
To overcome issues like inventory pile-up and cost overruns, developers are coming up with innovative offers. Refundable booking amounts, cashback schemes and freebies on booking.