Assured return schemes in real estate aim to provide guaranteed returns like fixed deposits, but carry more risks. They allow buyers to invest in under construction projects in exchange for monthly installments. However, these schemes ultimately depend on market conditions and the developer's finances, so returns are not truly assured. While developers use these schemes to access cash flow at lower interest rates than bank loans, the agreements are often complex and lack protections for buyers. Experts warn that these schemes should be viewed as high-risk investments requiring extensive due diligence on projects and developers.