Come festival seasons and real estate industry is abuzz with activity. Festival Season has brought rejoice and hope to the people, and the excitement is at the apex. Rakhi, Navratri, Durga Pooja, Dussehra and then Diwali; the festive lights have made a permanent place on the walls of many houses. While buying household things, jewellery, clothes, and the vehicles is a common practice, many people living on the rent are wondering if it is the correct time to invest in the property too. Indeed it is! Although, there is no perfect time to invest in the real estate, this investment is the best one there is. The sale of every commodity gets accelerated during the season of lights, so the modern builders are coming forth with the best of the offers to lure the buyers into making the house buying decision fast. The market and the shops are crowded this time of the year and so is becoming the real estate ‘market’. It is auspicious to buy during this season and wise too. Let us give you some reasons which are compelling enough to get real estate home at festival season.
1. New projects are launching
We all are accustomed to new movie releases on and during the festivals, but the real estate developers are also releasing their magnificent projects on these special occasions. The Indian buyers show more inclination to the affordable housing solutions; hence the projects launched during this time are all seeing the finances of the audiences. The chances of quick selling of such projects increase as the buyers are too motivated to get the keys of their own home.
2. Discounts and Freebies
To sell faster, many builders take the advantage of the willingness to own a property of people. They offer cash discounts on the property or discounts in the form of relaxation on the registration and the stamp duty. The most common free gifts are gold coins, gym or club membership, various vouchers like travel passes, charge free amenities for a period of time etc.
3. Flexible payment options
To inspire the buyers, the builders keep the payment options open during this time. Many people are not comfortable in making the payment upfront. As such some developers offer no EMI for duration of time and some offer payment of balance on the possession. Such great propositions from the builders make the buyers feel like the King of the market.
4. Some extra features for the same price
Except for the cash discounts and freebies, many developers offer special features and furnishings in the house as the festival gifts. It ranges from a free modular kitchen, geysers, and AC units to the free parking space. As such, the buyer is already saving a lot; hence, buying the house becomes the most probable decision.
5. Bonus and the bank offers
You just got your hands on some bonus and what can be a better thing than to buy the house of your dreams. The banks also run various schemes which help the buyers with the lower interest rates on the loans. More money in hand and bank super offers results into the house buying decision for many people. One thing to be kept in mind, though. The builders respond more positively to the end users as compared to the investors. The aim is to provide affordable housing solutions to people and not become a steal deal to fill the pockets of the affluent. With the increasing neck to neck competition among the builders, you can get the best deal within your budget. Buy a property that fits your requirement not because it is available cheaper. For Tricity properties related queries you can contact us at Home Search.