Group buying is an entirely new concept and only few are aware of the concept. Group buying has its origin in China where team buying was accomplished for having the discount prices on a property when there are a large number of people who are willing to buy the same property.
The advantage of Group Buying to the buyers is the deep discount on the property they want to buy.
Group buying which is also known as collective buying, offers products and services at significantly reduced prices on the condition that a minimum number of buyers would make the purchase. It allows the people who have the same preferences in the real estate options to come together and avail better discount as a group. Discounts on group buying vary from 5-25% depending on the location of a project ,its construction stage and the people in the group.
Planman Realty , in the interest of its buyers has recently started the Group Buying concept to enable its investors to avail discounts of which they are sometimes deprived of ,because of which they sometimes loose an opportunity of a best deal. As the developers are some times very rigid on giving away discounts.
Mr. Subhash Arora (Senior Lawyer,High Court)shares his experience saying that when he approached the developer directly he was offered an inaugral discount of 100 to 300 Rs .However, when he made the same deal through group buying he availed a discount of 15-18% and happily made investment in two houses.
Thus registering with a company of repute for group buying deals may promise big discounts and big savings. So, register now and start investing. Investing is real estate is no longer a dream.
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