Iconic Developments introduces FlexiPay and Rental Assistance Programme

Iconic Developments, a leading real estate developer in Sri Lanka, continues to revolutionise the industry with the introduction of two groundbreaking initiatives-FlexiPay and the Rental Assistance Programme. 

Designed to provide unparalleled flexibility and peace of mind to prospective homeowners, these new offerings reaffirm Iconic’s commitment to enhancing the homebuying experience for its valued customers.

The FlexiPay plan allows prospective buyers to take a giant leap towards their dream home by paying just 50 percent of the property’s value upfront. The remaining 50 percent can be settled comfortably over a period of 12 to 24 months without incurring any interest. This unique payment structure empowers buyers to secure their desired apartment without the immediate financial strain, ensuring a seamless and stress-free homeownership journey.

But Iconic’s innovation doesn’t end there. To further ease the financial burden on homebuyers, the company introduces an added advantage-renting out the purchased apartment after making the initial downpayment. This strategic move offers homeowners a supplementary source of income, significantly reducing their monthly instalments. With this exceptional rental opportunity, Iconic aims to provide homeowners with greater financial flexibility and stability.

“We understand that buying a home is one of the most significant decisions in our customers’ lives. Our goal is to make this process as convenient and rewarding as possible. With our new FlexiPay plan and the opportunity to rent out purchased apartments, we are empowering our customers to embark on their homeownership journey with confidence,” said, Iconic Developments Chairperson Rohan Parikh.

In addition to the rental opportunity, Iconic is introducing a thoughtful rental assistance programme that streamlines the process of finding suitable tenants for homeowners. With Iconic’s dedicated support, homeowners can confidently navigate the rental process and make informed decisions regarding their properties.

“By offering a personalised rental assistance programme, we aim to support our homeowners in finding reliable tenants effortlessly. Our team will go the extra mile to match their requirements with suitable tenants, providing a stress-free experience and peace of mind,” added Parikh.