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Gera's Home Equity Power

Gera's Home Equity Power is an industry-first initiative by Gera Developments with a singular intent: to ease the liquidity pressure on customer who buy with us.

An affirmation to our customer-centric approach, it is a reflection of our unflinching commitment to delight customers with innovative of With this unique program, customers can draw back a part of their own contribution paid for their under-construction Gera home. However, customers can not draw back from the amount paid to us by banks and other financial institutions as home loans. The draw-back facilities will hel customers in meeting any urgent fund requirements.

Stemming from our philosophy of Let's Outdo, Gera's Home Equity Power is designed to support customers tide over any financial emergencies thus strengthening our bond with them beyond transactions. It is a manifestation of our core values – Trust and Customer First!

Only existing customers of our under-construction projects can avail of this offering. Some FAQs:

What amount can a customer withdraw, and who is eligible to apply?
a) Only self-funded existing customers of under-construction projects are eligible to apply.
b) A customer can withdraw a max of Rs. 5L or 10% of the Consideration Value (CV) excluding the GST component, whichever is lower.
c) Registration is compulsory
d) The customer can avail this facility after making his full payment as per the billing milestone, and should not have any dues till the last billing milestone on the day of his application.
e) The Developer has the sole discretion and decision to honour the application of customers.

At what point during the construction progress can a customer avail of this facility?
After completion of 65% of the billing milestones, with no dues till the last billing milestone.

Is there any interest charged? If yes, then what is the Rate of Interest?
The interest charged will be as per the RERA Rate of Interest.

When must the customer return the withdrawn money back?
Row-House Customers can pay back the outstanding before the possession in 3 equated instalments.
Apartment Customers can pay back the outstanding in 3 equated instalments before March 2022.

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About Gera

Welcome to Gera Developments, creators of premium residential
and commercial projects.

We strive for excellence and our
main objective is not just to meet the expectations of our customers but to surpass them.

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