Collaborative Buying: theBuyerPower– an innovative movement in real estate India   by Namisha

in Real Estate / Mortgage Financing    (submitted 2012-02-05)

Real estate India is experiencing a massive change with the emerging trend of group buying for apartments for sales. Group buying has been pushed as a practical opportunity for buyers who are looking to buy property in India as the concept brings with it a lot of added advantages like high discounts and other freebies.

Persuasive Offer for Indian Real Estate Developers
One of the major reasons behind the rise of group buying in real estate India is the benefit it offers to the developers. Normally buyers go for down payments while buying apartments under this concept thus it gives builders the much needed cash flow. The current economic scenario posses a great threat to the buyers with the increasing interest rates and uncertain stock markets, the higher down payment discounts appears to be a blessing in disguise for the developers who are offering apartments for sale.
In addition to this, Indian developers get a well developed platform to sell their properties in bulk without making any extra efforts or investments in promotion, marketing and buyer acquisition. This eventually cuts down their cost of marketing / selling and thus they can easily pass on this savings to the customers who are keen to buy property available for sale in India.
Collaborative property buying also helps out the real estate developers to sell of their properties at the faster pace and concentrate on planning other new projects.

Benefits of Group Buying for Potential Customers
Normally a customer who is looking for an apartment for sale in India searches for a best deal that offers him the lowest price with the maximum advantages. As a individual buyer, potential home buyer do not have the power to bargain for the best deal as the developers does not get any economic benefit from the individual. The operational cost for a single customer will be higher from the builder perspective. By coming together on a platform and creating a group unleashes the power of the buyers thus they can bargain for a better deal with maximum discount for everyone.
Another benefit of group buying for property for sale in India is that the group of buyers can share general services required to conclude a deal like a home loan, lawyers' fee, and other compliances.

The power that a buyer has as a group is remarkable when it comes to buying real estate and thebuyerpower.com is the leading platform to deliver that promise.
Author Bio:

About the Author

Namisha is a well known author, who has written various articles on the topics related with collaborative buying, lowest price property, group deals etc.