Moneycontrol
Last Updated : Aug 01, 2013 05:01 PM IST | Source: Business Wire India

GenX Deals launches group buying & online property auction

Group Buying is the new rage in the Indian Real Estate industry these days. This powerful concept is based on a simple premise that a Group has more negotiating power than an Individual.


Group Buying is the new rage in the Indian Real Estate industry these days. This powerful concept is based on a simple premise that a Group has more negotiating power than an Individual..


 Buying as a group, can drive a harder bargain and convert it in a better deal. As property prices have gone up by more than 200% in the last decade in most of the Indian cities, group buying has emerged as the most reasonable option for the home buyers to get discounts and to own a home at an affordable rate.

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GenX Deals, a Venture of GenX i Media Private Limited, is the one-stop Real-Estate portal that brings alive your dream of buying your "Own Home" through Group Buying. We are in the business of facilitating bulk purchase for houses , and have a well-knitted network in the real estate industry. We understand the need of an Indian man, the dream to buy his own house, so we push our limits every time and negotiate maximum possible discounts from the sellers which is almost unachievable to get individually. Quite recently, GenX Deals Team managed to get a whopping discount of 14% in the Vrindavan and 10% in Noida Extension, which apparently is higher than what anyone else can offer in their respective region. Mr. Jetesh Prasher, the Founder and CEO of GenX Deals, work towards the achievement of this goal of getting "Maximum Discount for the Home Buyers" and till date, have managed to achieve this. GenX Deals creates a win-win situation for both buyers and developers, as buyers are happy to buy properties at a higher discount and the builders are happy to sell their properties in bulk and liquidate their inventory.

Online Property Auction is a very new concept in the Indian Real Estate but has managed to become a rage in a very less time. Online Property Auction is also one of the fortes of GenX Deals. Mr. Jetesh Prasher shares : We have managed to Auction Premium Properties at very good prices. Our Online Property Auction Model is different from others because we are offering properties at 5% less than the market price. GenX Deals has a well-researched and extensive database of high-net-worth buyers and sellers. We have a very positive and growth-oriented relationships with are sellers that work in the benefit of the buyers as well. We ensure a secure and trusted auction so that the buyers can freely invest their money in the deals we facilitate. Mr. Jetesh Prasher has clearly defined the parameters for the terms of sale. The method is transparent and leaves no room for any kind of discrepancy. At GenX Deals we leave no room for prolonged negotiations and hence eliminate the chances of contingencies. Till date, the auctions that are held through our website have been fully beneficial for both the buyers and the sellers.

Mr. Jetesh Prasher is a well learned personality in the Real-Estate Agency. A pure Indian by heart, he totally understands the emotion of an Indian man to owns his own Dream Home. Through the modern concepts of Group Buying and Online Property Auction, Mr. Jetesh Prasher has made this dream of buying a home very achievable and affordable. He truly believes that these concepts are the Next-Big-Things in the Real-Estate world both for the buyers and sellers as it benefits both the parties in their respective ways. The other goal of Mr. Jetesh Prasher is to make Real Estate hunting much easier and pleasant for online seekers. He has designed the portal, GenX Deals in such a way that it is trusted, genuine, safe and transparent platform for the surfers. GenX Deals have a strong service-network in Delhi and NCR and other metropolitans and very soon is going to extend these services in cities like Bhiwadi, Sonepat-Kundli, Noida Extension, Lucknow and Vrindavan as Mr. Prasher has a strong belief that these cities have a strong future in the Real-Estate industry and can provide some of the great deals to the buyers/sellers.

Apart from this, GenX Deals with the help of its network with reputed banks, facilitates hassle-free home-loans too.

First Published on Aug 1, 2013 05:01 pm
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