Have a look at their Subvention Plan.
It seems; you have to pay Rs. 12 Lacs upfront and bank does rest of the payment to the builder.
So no EMI's till December, 2011 (1.9 years).
After 1.9 years, one can exit and make some money, hoping that the property
appreciate by even Rs.500 per sq ft.
So, on an investment of Rs. 12 Lacs once can make rs 10 Lacs or more in 1.9years.
Btw, what is the status of Emaar MGF other projects? Do they deliver on time?
|