festive season Has started. The festive season in India starts in October and continues till mid-November. This period is considered auspicious for buying property. Dhanteras and Diwali are in the coming days. On this occasion, many people book their dream home. If you are also planning to book a flat during festivals then you can get good deals with many discounts. Developers also come up with a lot of offers during the festive season to increase bookings. Veteran real estate expert and Rakesh Yadav, CMD of Space India We wanted to know how a buyer can get the best deal during the festive season. Also, what things should he take care of? Let us know how you can save big on property booking at this time.
Why should you book a property during the festive season?
- Launch of new project: During the festive season, a lot of developers launch new projects. It is easy to select the property of your choice in a new project as there is no shortage of inventory.
- You get great offers: Keeping in mind the auspicious time of festivals, developers bring attractive offers to increase their sales. These offers include cash discount, free parking, home interior etc. By taking advantage of this opportunity, you can get a better deal than the rest of the year.
- Banks also give better deals: Banks also offer many discounts to home buyers in this season to increase market share. This includes lower interest on loan, processing fee waiver etc.
- Opportunity for price negotiation: Developers often offer good deals to buyers to make more sales during festivals. We also let serious buyers negotiate the price, so buyers can get good deals.
- Access to Festive Bonuses and Savings: At this time many people get festive bonuses, which strengthens their financial position. This helps in making the down payment of the house.
- Positive environment and auspicious occasion: People in India believe that it is auspicious to make any big purchases during festivals. Buying a house at this time is considered a positive decision.
take care of these things
- Increased demand and price: After Corona, there has been a continuous increase in the demand for property. Therefore, before booking a flat in any project, do research about the price.
- Don't take decisions in haste: Due to festive offers and discounts, many times people decide to buy a house in a hurry, due to which they are not able to choose the right property as per their needs. Therefore never take decisions in haste.
- Be sure to evaluate the offers: Assess the attractive offers available in any project during the festive season. Do not choose offers which are not of use to you. Many times the discounts or offers are just for promotion and the actual benefit is very less.
- Research online and offline: Do thorough research before buying a house during the festive season and do not take a hasty decision. You should research the property both online and offline.
Image Credit: India-Tv.