Evergrande of China offers refund option to home buyers
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Hong Kong
Evergrande Real Estate Group, among China's most indebted listed developers, is offering a refund option at its residential projects nationwide, a move that could help it attract more homebuyers.
Buyers can get their money back without giving a reason any time before the homes are delivered, according to documents provided by the Guangzhou-based company. The policy took effect on April 16, Evergrande said.
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