• Breaking News

    Saturday, 4 March 2017

    DISCOUNTED PRICES OWNING A HOUSE BECOMES EASIER FOR ARMY PERSONNEL

    Discounted Prices owning a house becomes easier for Army Personnel

    Press Information Bureau 
    Government of India
    Ministry of Defence

    03-March-2017 16:59 IST

    Owning a House Becomes Easier for Army Personnel 

    1. Army personnel by virtue of deployment in remote areas find it extremely difficult to invest time in buying a good house, therefore, to fulfill this essential need and meet the aspirations, AWHO has come up with a pragmatic business model called the ‘Private Industry Collaborative Business Model’ which will facilitate acquiring houses from reputed private builders at discounted prices for Army personnel & Veer Naris. A Pilot Project is being undertaken in Delhi/ NCR and based on its success, similar ventures will be executed in other locations. 

    2. Major advantages of this concept are detailed market research to identify the most suitable builder/ project, negotiations for price reduction, due diligence and buyer friendly terms & conditions. Prop Equity, a leading Real Estate Data & Analytics Consultant firm has been selected after a prolonged process to undertake the facilitation process forward. 

    3. This historical MoU was signed by Lt Gen Rakesh Sharma, UYSM, AVSM, VSM, Chairman (Ex-Officio) AWHO and Mr Samir Jasuja, MD, Prop Equity Analytics on 3rd Mar 2017.

    Source:-http://pib.nic.in

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