You must have read about it. You are curious about it. And you are wondering if you should participate in it. When RoofandFloor, in partnership with The Hindu, announced India’s first-ever online home buying mela – the Great Indian Home Sale (GIHS), eyebrows were raised. How does one bid for a home? How does an online home buying auction even work?
A first-of-its-kind event, GIHS allows prospective homebuyers to bid on the properties at the price they want. That’s not all!
For the first time in the Indian realty market, properties by leading developers in Bangalore and Chennai will be put up for bidding on an online platform.
There are exclusive discounts too that can easily save one Rs 1 Lakh and above. Sounds interesting? Read on to find out more benefits.
The GIHS advantage
Properties at prices you’ve never dreamt of!
With rising property values, everybody wants great deals and discounts while buying a home. Unfortunately, striking a good deal is a huge ask as nothing comes without an asterisk in the property market. But worry not! With GIHS, you can not only buy a property at a great price but can also be assured of transparency.
Choose from exclusive properties from top builders
Selecting the right builder is a step that can make your property investment worth every rupee. Credible builders usually maintain high standards of quality, have all requisite approvals, and provide detailed information about the property without much hassle.
RoofandFloor comes from The Hindu Group, bringing with it 138 years of heritage and trust.
Thus, all the properties that will be showcased in the GIHS will be from trusted builders in Bangalore and Chennai.
No Lengthy negotiations
Once you have finalised a project, negotiation is the last leg that takes significant time to close the deal. But in GIHS, since you bid your price, you are saved from the lengthy negotiation process, which will help you close the deal faster. Aren’t we your home buying companion in the true sense?
Online bidding: A nascent trend gaining ground
Two decades ago, eBay introduced the concept of bidding for buying goods and services. Today, there are several websites that have the same concept. While e-commerce sites were quick enough to adapt to this new format, real estate was not far behind in joining the bandwagon.
Though the trend is quite popular in the overseas market, it is slowly catching on in the Indian realty space. And if we were to believe experts, online bidding for properties is here to stay!
So, go ahead, and register now.
