Pursuits

Chinese Builder Evergrande Offers Homebuyers Refund Option

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Evergrande Real Estate Group Ltd., 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 takes effect April 16, Evergrande said.