By Accommodation Times News Services
Luxora Infrastructure today announced an agreement with HDFC to provide home loans at a special rate of 6.99% per annum. The rate, which is available for a limited period only, is exclusive to Ensaara Metropark. Ensaara latest offer will help reduce the overall cost of home ownership by reducing the buyer’s home loan interest burden to 6.99%, as compared to current prevailing interest rates of 10.25% to 10.50%.
The agreement means that prospective purchasers can enjoy so much more for lower monthly interest payments. Not only will they be able to choose from a range of six stylish and comfortable homes, which have been specially designed for Nagpur’s climate and will be cooler in summer and warmer in winter, but they’ll also be able to enjoy all of the amenities and facilities of the ‘first of its kind’ 300-acre metropark – all on their doorstep.
Ensaara Metropark is located in South Nagpur (SoNa), where there’s the space to develop such an exclusive world, and it also boasts a 32-acre central park, Biodiversity and Astronomy Parks, gardens, adventure playgrounds, sports grounds, six acres of orchards and vegetable gardens, streams, ponds and a large lake – all master-planned by HOK, the international master-planners.
Commenting on the initiative, Mr. Sanjay Kothari, Group CEO said, “The true cost of a home is not just the price one pays to the developer, but it’s the price paid to the developer plus the interest cost on their home loan. We believe when it comes to owning a home nothing should come in the way. This offer from Ensaara will not only help the buyers (who were earlier waiting for rates to come down) in buying their dream homes but also send out a positive signal about the investment climate”.