Raheja Developers relaunches the "Surakshit Nivesh Yojna Scheme" for their Delhi Mall Complex on Main Patel Nagar Road after the success of its initial phase. Investors can choose between two payment plans tailored to their budget, offering flexible payment options spread throughout the construction process. With minimum investments starting from INR 32.46 lakh, the scheme includes special benefits for senior citizens and women. Located in a prime area with easy access to prominent locations, the mall's completion is poised to attract national and international brands, promising good rental income and potential capital appreciation for investors. Registration closes on June 20th, 2024, with unit allocation through a draw on June 23rd.
Raheja Developers have reopened their "Surakshit Nivesh Yojna Scheme" (Safe Investment Scheme) for the Delhi Mall Complex located on Main Patel Nagar Road. This follows the success of the scheme's first phase.
Investors can choose between two payment plans to fit their budget. The Construction Linked Payment Plan allows buyers to spread out their payments throughout the construction process. With this option, an initial 10% of the booking amount is due, followed by 40% within 90 days. The remaining balance is then divided into three installments of 10% each paid over 15 months, with the final 20% due when the shop is ready for possession. Alternatively, the Down Payment Plan offers a larger upfront payment. Here, buyers pay an initial 10% of the booking amount, followed by a more substantial 80% within 90 days. The remaining 20% is then due upon possession.
Minimum investment starts from INR 32.46 lakh for shops ranging from 40 square feet (sq. ft.) to 150 sq. ft. The scheme offers special benefits for senior citizens and women, with a 5% discount and 33% reserved quota for shop allocation.
The Delhi Mall Complex is located in a prime spot-on Main Patel Nagar Road, offering easy access to Connaught Place, Karol Bagh, and other prominent areas within a 10-15-minute commute. This well-populated area, including Kirti Nagar, Patel Nagar, Punjabi Bagh, Rajendra Nagar, Pitampura, Model Town, and Karol Bagh, provides a strong potential customer base for future shops. The complex is currently under construction, with 50% already completed.
Once operational, the mall is expected to attract national and international brands, leading to good rental income and potential capital appreciation for investors.
Those interested can register for the scheme with a nominal fee of INR 31,000. The last date for registration is June 20th, 2024, with the allocation of units happening through a draw on June 23rd. Those not selected will receive a full refund of their INR 31,000 registration fees within 30 days.