Real Estate Portal GenX Deals; Bringing up Group-Buying into Gurgaon and Noida Property Market

NOIDA, India - Dec. 4, 2014 - PRLog -- Group Buying concept in property are just catching on. And there’s no denying the popularity of Real Estate Group Buying websites in India has been massively increased. One such entrant, GenX Deals, with a platform created for buyers to come together for “making home buy a hassle-free experience,” has already seen a good response in Noida Extension and Vrindavan. GenX Deals has just jumped into the Gurgaon and Noida property market where such concepts are expected to see easier acceptance.

The concept is based on a simple premise that a group has more negotiating power than an individual. When you buy as a group, you can drive a harder bargain and get a better deal. The seller may not mind, since what he loses as margin, he makes up in volumes, without investing much time, effort and money to sell his wares.

The brain-child behind GenX Deals, Jetesh Prasher, Founder and CEO, who was in the city recently said, “The concept involves collating the home requirements of groups of buyers to pitch for competitive mass home-buying rates with developers. The set-up also helps developers sell their property in bulk, rather than promoting market projects to its members.”

In real estate, group buying can benefit both home buyers and builders. With real estate in many Indian cities, especially in the metros being very costly, even a 1 per cent discount, if genuine, can translate into a tidy sum. A big discount could save you lakhs. Also, many builders may be willing to participate in such group deals, since they may want to sell their inventory quickly to get much needed cash. Especially in a market in which buyers are shying away due to high cost and many builders are saddled with high debt and inventory.

GenX Deals provides an option for buyers to register on its website http://www.genxdeals.com with preferences for location, specifications and budget for the kind of home one is seeking.

About GenX Deals : GenX Deals is all about getting a property deal for you that makes you smile, that makes you happy and satisfied.

GenX Deals helps people save money by buying Property in a group at a discount. GenX Deals creates a win-win situation as buyers are happy to buy Properties at a discount and the builders are happy to sell Properties in bulk and liquidate their inventory.

Media Contact Details :

Contact Person : Anup Kumar , E-Mail : media@genximedia.in , Mobile : +91-9999887414