Perks of Installment Payment Method
Having any sort of property in today’s time is a need of the hour! To become financially secure, one has to have assets that can be put to use (if need be). Most people invest in expensive jewelry (gold, etc.), set up businesses that generate high returns, or buy real estate that can be sold or rented out for financial stability.
Real Estate Property:
What is real estate property? Vacant land, house, flats, shops, offices, or any other unit that falls under the category of residential or commercial is real estate property. Most people consult a real estate marketing agency to buy such properties. Agencies have far more knowledge and experience than a common man and have expertise in selling or buying assets. This is why most people tend to invest in real estate as they can sell their assets in case of an urgent need or emergency like bearing wedding expenses or so. However, prices of property these days have experienced a huge hike! It is nearly impossible to purchase it in one go. This means that buying the property with a lump sum payment seems too costly and a burden on your pocket.
Installment Payment Method:
To cater to this issue, people came up with a new payment method. This method is known as the Installment Payment method. As per this process, you can divide the total amount of assets into smaller amounts as monthly, quarterly, half yearly, or yearly installments. A significant percentage is given as a down payment after which the process of installments commences.
There are many housing ventures that support and offer such payment plans. To name a few, Park View City Golf Estate and Park View City residential area offers a 2 years payment plan, starting with a 20 percent down payment.
Moreover, Prime Valley Payment Plan is so flexible. 1 plan offers an installment method of 3 years and the other one is 3.5 years. This housing society is offering residential and commercial plots at highly reasonable rates with a promise of high monetary profits. Starting from 20 percent booking charges, the file is given to the buyer and then possession is given upon half submission of the total price of the plot.
Final Statement:
These are some of the perks of the installment payment method. Surely, this method is a sigh of relief for those who are struggling to have a roof over their head in testing times like these. With a high rise in inflation, this method has surely proven to be very helpful for people of all kinds of social statuses.
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