FAQs ?

What Is GroupHomeBuyers?
GroupHomeBuyers is India's first and only dedicated online platform which aggregates demand based on individual interests in real estate and forms groups based on that. These groups are offered discounted rates on properties of their interest resulting in sizeable savings to each individual buyer.

What is Group Buying?
Group Buying gets individual like minded people who wish to purchase similar kind of properties at any given place and time. It harnesses the purchasing power of the group to get the lowest possible prices in any kind of property purchase.
When many people buy together, they allow the seller to sell in volume which enables the seller to offer his products at much lower prices. This results in each member of the group getting a significant price benefit which would be almost impossible individually!!

What Does GroupHomeBuyers Offer Me?
We get you best deals in Real Estate, Home Loans, Insurance Policies, etc. We cater to people who want to buy anything related to the home and the universe around. One can either get deals from our pre-negotiated deals section or you can join a group where there are no deals, such as one started by you or you can identify your project from all the projects available else mail us onĀ  This e-mail address is being protected from spambots. You need JavaScript enabled to view it .

What Are Pre Negotiated Deals?
GroupHomeBuyers assures the developer about a certain number of buyers who will purchase via a group which was formed on the website so that the developer offers a group discounted rate for the property. These deals are made LIVE on the home page of GroupHomeBuyers.com and are called pre-negotiated deals.

What If Enough People Don't Join a Group within a Certain Time Period Will the Deal Still be Live?
The deals which are Live are actually pre-negotiated deals where we have already assured the developer about a certain group size. So the deal will remain Live irrespective of the number of people who join the group.

Who Decides the Size of the Group?
GroupHomeBuyers and the developer decide on the size of group depending on the location, timeline and demand of the project.

What is Must Go Today Deal?
These deals are basically "Distress Deals" which are studied by our expert evaluation committee who believe that this is a very attractive price. We will source and upload a new deal every week where individual buyers can bid according to their investment appetite. Also we help individual sellers who want to get rid of their property by posting their deal on the website. You can upload your Distress property sale details This e-mail address is being protected from spambots. You need JavaScript enabled to view it
We will charge a flat 1% commission from the seller and buyer for every successful transaction completed by us.

What Are Pre Negotiated Deals?
GroupHomeBuyers assures the developer about a certain number of buyers who will purchase via a group which was formed on the website so that the developer offers a group discounted rate for the property. These deals are made LIVE on the home page of GroupHomeBuyers.com and are called pre-negotiated deals.

I am an Individual and Don't Have a Group, Can I Still Participate?
Yes. In fact, GroupHomeBuyers is the only platform which helps individual like minded people to form their own groups and gets more members to join the group.

Do I Need To Pay To Join A Group?
No. You don't have to pay anything to become a group member.

What happens if the required number of buyers is not got, then what happens to those who have expressed interest for a particular project?
If the required number of buyers is not present on a particular group then it is upto the decision of the builder/developer if he would like to accept your offer.

 

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