Builders do come up with lucrative investment options with schemes like Assured Lease & Commitment Charges. We give you an insight to what these terms mean.
Assured Lease / Rental
Generally assured rental schemes / lease, offers rents in the range of 5%-12% of total investment, to those making almost 90% down payments in their projects. The payments are typically made till the flat is handed over; in some cases it is for 24 months.
In general a commitment is a pledge or word of honour by one party to another to operate in a particular way. In real estate business, commitment is a promise by the lender to provide a loan to the borrower by a specific date at a certain rate of interest.
This festive season, Wave City Center offers you both Assured Lease & Commitment Charges. Come and book a commercial space at MetroMart in Wave City Center, Sector32, Noida and avail these exciting offers.
• Get assured lease after possession for 36 months-rental @ 9% per annum of the basic selling price.
• Commitment charges are payable @ 10% per annum till offer of possession.