Are you planning to move to your own house or buy a second one? Many homebuyers consider the festive season an auspicious time to buy a house. Real estate as an investment asset class has innumerable benefits if the right location, right developer, and therefore the design elements are chosen. The festive season of Dussehra and Diwali is considered auspicious for making investments.
Mostly driven by three reasons:
1) it's seen as an auspicious time to invest in something valuable;
2) it's also a time when new building projects are undertaken;
3) property developers are known to launch interesting offers and schemes to attract buyers for their projects during the festive season.
Buying a second home is sensible right now as developers offer discounts and other exciting offers during the festive season. Maharashtra is already witnessing a significant change in demand with the Ganpati festival in other domestic markets like Panvel, Alibaug, Lonavala, etc. Meanwhile, Goa, Sindhudurg, and other major markets like Konkan, Nainital, Dehradun, etc also are enjoying strong demand. the markets of the South like Ooty, Nandihills, Bannerghatta, Vizag, etc. also are witnessing a pick-up in demand.
“Developers and/or financial institutions work closely with irresistible deals and offers that help many fence-sitters to close the deal as well as capitalize on high demand to accelerate sales.
For this, it becomes imperative that the investment objective is obvious, like whether the investment is for recurring rental, appreciation, holiday living or retirement home,” said Ashwinder R Singh, CEO Residential, Indian Urban
real estate sector has made a tremendous comeback after the pandemic. This trend seems to continue gaining momentum during the upcoming festive season when buyers tend to invest in properties because it is considered to be an auspicious period for home buying.
“Another major factor driving people to buy homes today is their experience during the lockdown when we were restricted to staying within four walls. It made us rethink our priorities, and thus owning a home has gained importance because it spells comfort and security,
if you planning to buy a home in this festive season and you are from Navi-Mumbai then you can consider the Arihant aspire project it has 25+ amenities and seamless connectivity and it is located in the heart of Navi-Mumbai
if you are from Bangalore and looking to invest in this festive season you a consider the below options