M3M PYP - Port Your Property Offer in Gurgaon

Are you stuck with the possession of your dream home? Has your builder stopped answering your calls? Are you too fed up of getting dates after dates for your new home? Does the idea of taking it to the court overwhelm you? You’re perhaps at the right place then. Now you can get the possession of your home without getting involved in a legal battle. Yes, you heard it right. M3M brings to you the first of its kind scheme in the field of real estate- M3M PYP (Port your property) wherein you can get your stuck property exchanged with a ready property. Not only this, you can also avail several benefits associated with the scheme. Let’s have a glance at the key highlights of the scheme:

• Exchange your stuck property with a ready property
• Earn 12% rentals on both the properties
• Get keys of a new property
• 50% profit partnership on the old property

All You Need To Know About PYP

• Only customers who want to upgrade (Ex. 2BHK to 3BHK) or exchange their properties (PAN India) with any of the properties of M3M are eligible for the scheme

• One needs to invest minimum 3.5x the disputed amount. For ex. If the disputed amount is Rs. 20 Lakhs you are supposed to pay 3.5x20=70 Lakhs under this scheme.

• Paid amount’s rebate will be deducted from total value initially only till launch. Ex: Total new property value: 70 lakhs, 20 lakhs shall be deducted initially only, 50 lakh’s 50% shall be paid i.e. 25 lakhs now and 12% AR shall be paid (only till Launch) and adjusted in close to possession demand. Balance to be paid close to possession.

• The application amount shall be 10% along with duplicate papers of the property.

• Valid payment plan under this scheme is 50:50.

• The assured rental will be given on the payment made to M3M i.e. 50% of the value less disputed amount @12% P.A.

• The assured rental will be given on the stuck value of the property @12% P.A. too.

• Original papers of the disputed property will be deposited at M3M at the time of booking confirmation.

• If M3M manages to sell the stuck property, 50% profit will be shared with you.

Conclusion

Buying a home by putting your lifetime savings at stake and not getting its possession can be a nightmare. With regular EMI burden and rent expenditure, it can have a potential impact on your financial well-being. Not just this, it can have a long-lasting impact on you and your family’s mental health too. The uncertainties associated with legal battle and the state of limbo regarding its progress can be daunting and tedious. PYP in this case turns out to be a saviour and is a one-stop solution to all your possession related issues. 

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