The word ‘Subvention’ means ‘granting of money, especially by government’. However, in real estate the term ‘subvention’ is used in a different context. Here when you decide to buy a home, you can book it by paying an initial payment & the bank pays the entire loan amount to the developer as per RBI guidelines.
Here’s a New Years’ gift from Wave City Center for buyers of Irenia.
- Buyers looking for purchasing units of Irenia at Wave City Center can now take benefits from the Reliance Home Finance (RHFL)-approved subvention scheme on Irenia.
- The scheme is available in two options: 10:80:10 & 10:75:15.
- It is second in series subvention scheme for Irenia – 2 & 3 bedroom Premium Residences.
- Buyers/ investors now have the option of booking Irenia by paying 10% on booking (just 8.2 lacs) and no EMI till offer of possession.
Wave City Center, the first smart township in Delhi-NCR is the largest multi-use residential & commercial development in the heart of the city located in Sector 32 & 25A, Noida. On a most desirable location, Wave City Center enjoys excellent advantages both in terms of connectivity and accessibility. It is easily accessible from all points — 1 minute from Metro station, 2 minute from golf course, 5 minute from Sector 18 market and DND toll.
What are the advantages of this scheme?