This conversation raises questions about how the Real Estate market works in North India. Some well known brands like Bhutani, Omaxe and AMB Selfie Street in Delhi, Gurgaon, Noida, etc, which promise returns as high as 12 percent or even higher, based on assured rentals. Their proposition is that you need not buy a specific property, you can simply invest a certain amount in virtual property, for which you will be repaid every year with assured annual returns based on rental income earned by leasing or renting out the property.

Is this genuine? Are such schemes genuine or scams?

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