SARE Homes has inked a Memorandum of Understanding with ICICI Bank to offer special finance schemes for the real estate developer's two upcoming projects.

For launching the two projects, SARE Homes has offered customers an option to pay 20 per cent of the booking amount for an apartment, an offer which would be available for a limited period in association with ICICI Bank, a company statement said.

"The present scheme is in association with one of the country's banking institutions, ICICI Bank, which will further facilitate home buying for a large number of customers", SARE Homes, Executive Director, David Walker said.

SARE Crescent ParC is part of a 112-acre residential township coming up at Old Mahabalipuram Road, with prices beginning from Rs 38.5 lakh onwards.

SARE MeadowVille is another project offering expandable villas coming up at GST Road, with prices beginning from Rs 32.5 lakh onwards. The project, in the second phase of development, offers different type of expandable villas, the statement added.