Crazeal, the India unit of group buying site Groupon has partnered with real estate developer RCL Homes to offer discount on purchase of a property in Karjat in Maharashtra.
“This is the first time any bulk-buying website is offering a deal which offers a discount of Rs.1.02 lakh for a property in Karjat, which is a popular weekend getaway destination near Mumbai,” Crazeal CEO Ankur Warikoo said.
To activate the real estate deal, subscribers have to purchase a Crazeal voucher valued at Rs.999 to get the Rs.1.02 lakh discount for a studio apartment priced at Rs.10.5 lakh, he added.
While the deal will be available for Crazeal subscribers in Mumbai, the company plans to open up the offer to the other parts of the country as well.
“We think there would be people not just in Mumbai but other parts of the country, who would want to invest in property. So, we will open it up to other parts of the country too,” Warikoo said.
On the purchase of the deal, the investor gets sixty days to visit the site or sales office to redeem the discount.
“This deal comes with a full refund policy of the ticket amount of Rs.999 if the buyer decides not to purchase the property for any reason after the site visit,” Warikoo said.
