New Delhi: Online marketplace Snapdeal, realty firm Puravankara Projects and property consultancy JLL India entered into a three-way partnership to market ready-to-occupy apartments online.
They have launched ‘Managed Residences Plan’ under which customers can purchase ready-to-occupy apartment from Puravankara across Bangalore, Chennai, Coimbatore and Kochi regions.
Under the scheme, flat owners can get fixed rental returns for seven years, along with an additional rental appreciation benefit of 8 per cent per annum. Puravankara will pay a rental appreciation benefit of 8 per cent every year.
According to the agreement, Puravankara would offer 200 flats on Snapdeal for 10 days starting May 27. It will sub let the apartment and pay the rent to the customers through JLL.
Puravankara will sub let the apartment and pay the rent to the customers through JLL.
JLL has been appointed as the lease manager to provide leasing related services.