Snapdeal to launch property sale from Oct 5, opens up with 10% discount 

Online marketplace Snapdeal recently announced a property sale on its platform, offering a 10 percent discount on the basic selling price to customers, as well as other freebies.

The Diwali real estate sale starts from October 5 and will continue till October 21. This is the second edition of the real estate Diwali sale on Snapdeal. Last year, it sold nearly 150 homes in seven days, the company said in a statement.

The shopping festival features apartments from leading real estate developers including Prestige Group, Puravankara, Kolte Patil Developers, Provident Housing, Panchsheel Group, Sreejan Realty, Rohan Lifescapes and Sikka Group, among others.

The apartments on sale are available in Delhi/NCR, Mumbai, Bengaluru, Chennai, Hyderabad, Pune, Kolkata, Ahmedabad and Jaipur in a price range from Rs 30 lakh to Rs 5 crore.

Customers buying real estate on Snadpeal will be able to avail of home loans from the State Bank of India (SBI) at the lowest interest rates. In addition, buyers can also avail of exclusive offers like a 10 percent discount on the Base Selling Price, 25:75 payment offer, and discounts up to Rs 6 lakh, Snapdeal said.

Also read : Snapdeal to sell homes online, enters into partnership with Tata Value Homes

Freebies on offer from developers include cars, iPhones 6s handsets, iPads, gold coins and more.

Tony Navin, SVP, Partnerships and Strategic Initiatives at Snapdeal, said,

Navratri is as an auspicious period for many of our customers to make big ticket purchases. We are bringing the second edition of the Diwali real estate sale on Snapdeal with a hope that it helps our customers fulfil their wish of buying their own home.

Also read : E-commerce lessons from Snapdeal: find out what 2016-17 has in store for the company

In 2014, Snapdeal.com and Tata Value Homes came together for an exclusive partnership to offer the online booking of all Tata Value Homes projects on the website by paying just Rs 30,000 to the buyers. For the launch period, Tata Value Homes also offered an exclusive benefit for a limited period to customers who book through Snapdeal.