WHAT IS PREFERRED POSSESSION ON TIME OR RATE DISCOUNT?

WHAT IS PREFERRED POSSESSION ON TIME OR RATE DISCOUNT?

Introduction

An immediate delivery is a delivery event that happens at a time required, when it is most effective and useful whereas a price discount is a valuation strategy where items sold at high prices initially, are later offered at a reduced price to the consumer. In the case of home buyers, who at most times opt for under construction properties, in a real estate setup, immediate delivery is a big concern. However, due to the recent high prices of real estates, many real estate investors and home buyers are opting for under-construction project that allow them to stay within their budget and what they can afford and in respect to this, the property sellers are giving immediate delivery at an extra cost.

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