A rising variety of real estate builders in Mumbai real estate market and surrounding areas are reintroducing `buy now, pay later‘ schemes, which permit patrons to pay only 10 or 20% of the value upfront, and the rest on possession. These schemes, prevalent throughout the real estate slowdown between 2015 and 2019, goal to spice up buyer sentiment. The earnings from funding in real estate are garnered from income from lease or leases, and appreciation of the real estate’s value.
CIC Group has kicked off the sale of its 50-acre Ushirika Gardens land located in Kiambu. Mizizi Africa Homes has launched a new concept the place purchasers who buy land from it can have the plots developed with custom-made models. Mizizi Africa Homes has begun a phased exit from off-plan housing as it entrenches the ‘Buy, We build’ idea into its operations.
