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Snapdeal, the online marketplace has partnered with realty firm Puravankara Projects for the purpose of marketing 200 ready-to-occupy flats in Chennai, Bengaluru, Coimbatore and Kochi, while offering assured rent for seven years to buyers.
The launch of a ‘Managed Residences Plan’ has been announced by Snapdeal and Puravankara in association with property consultant JLL India, under this plan flat owners would be getting fixed rental returns for seven years, along with an additional rental appreciation benefit of 8 percent per annum.
According to a statement, under this scheme, Puravankara would offer 200 flats in a price range of Rs 35 lakh to Rs 3.5 crore on Snapdeal for 10 days starting May 27. Those who book online during this period will also be getting Rs 25,000 Snapdeal purchase voucher.
Snapdeal has said that “the three-way partnership between Snapdeal, Puravankara Projects and JLL India will enable customers to purchase a ready-to-occupy apartment from Puravankara across Bangalore, Chennai, Coimbatore and Kochi and lease it back to Puravankara for a contracted term of 7 years.”
