China's Evergrande offers homebuyers refund before final delivery

April 15, 2015 10:44 AM

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HONG KONG, April 15 (Reuters) - China's Evergrande Real Estate Group said on Wednesday it would guarantee buyers an unconditional refund of money paid for a home up until they took possession, a move that could help boost sales at the country's No. 4 property developer.

The company said that from Thursday, customers of its 305 projects nationwide would be able to ask for a refund "without reasons" before the final delivery of an apartment, which usually takes six to twelve months in China.

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