Buy Your Dream Home In Bangalore At 10% Discount

The Bangalore Development Authority (BDA) is a state government run the organization, which is responsible for planning as well as maintaining the urban landscape of this fast-paced and one of the most economically advanced cities of India. The Bangalore Housing Scheme has more than 6000 residential units on offer and these family houses are being offered at a more affordable rate. The main aim of the development authority and the housing scheme is to provide the privilege of owning one’s own house to even the poor and economically weaker section of the society. Those living in Karnataka for at least 10 years and having an age of 18 years or more can purchase these residential units at a 10% discount when they make a bulk purchase. Therefore any individual purchasing more than 10 units of the Bangalore housing scheme units will get a 10 % discount straight away. All the individual purchases made in the Bangalore housing scheme will be provided a 5% discount.

Payment Procedure 

The first installment of 25% of the total amount of the house will have to be paid by the applicant once he or she receives the allotment letter. The remaining 75% of the payment is divided into two installments. 25% of the amount will be paid in the next 120 days, while the remaining 50% will have to be paid in a period of 180 days. The complete ownership deed is transferred to the buyer upon the verification of documents and the successful accomplishment of all the installment payments.

With leading banks and non-banking financial institutions operating in the segment, you have a home loan almost ready for you. Grab this highly alluring opportunity now to buy your dream home at least a 5% discount in Bangalore.


Also Read: When and How to Finance your New Home in Bangalore?