Bank Apartments for Bank Employees

Online, February 21, 2010 (Newswire.com) - In a move to provide affordable housing to bank employees the first ever Indian Banking Information Portal www.bankingonly.com has taken initiative for Bank Apartments in major places where bank employees can afford and willing to get accommodation.
Recession brings opportunity to get affordable housing projects in all major cities of India. The Banking & Financial sector employees who have not yet get flat or house have an opportunity to have a own flat in Bank Apartments. Govt and other Real Estate sector came with affordable housing projects in various cities of the country. Some Govt organizations are providing priority to group of employees in allotment and private real estate developers are also providing major discount in group booking.
BankingOnly.com which is organised by retired employees of various banks and professionals is in process of negotiation with reputed builders for take over their running projects or getting full booking of the project on discounted rate for Bank Apartments. In govt project Bankingonly.com will also participate in group allotment for bank employees through society.
Bulk allotment and bulk booking will provide better opportunity to get affordable housing with instant & firm allotment, better location and acceleration free price. Negotiations are made for ready possession flats and houses also but in such cases full apartment is not available only few flats are available in a block of society. Price of ready possession flats are 15-20 % more, running projects (hand over within 6-12 months) flats 10-15 % more than the price of booking flats.
For this purpose BankingOnly.com intend to collect Expression of Interest (EOI) from Bank employees as well as from employees of Financial institutions for specific location / desired accommodation and budget range through the website and different mode of communication. Based upon the response of applicants, we shall extend our efforts to come with a formal offer. Please fill the following details to submit your EOI as well as your choice for affordable flat.
For Bank Apartments budget range is from 5 lacs to 75 lacs and accommodation area is 500 sq ft to 2000 sq ft depending upon place and location.
Interested bank or financial services employees may :
Submit their choice of place and desired accommodation
http://www.bankingonly.com/index.php?page=affordable_housing_frm.php

For this may write to : [email protected]