It’s the Festive time again, the time of rising hopes! With government policy initiatives improving ideas and RBI providing a rate cut impetus, the period can aptly be called the ‘season of hope’ for the developer community across the country.
Home buyers really wait for the festive season and offers to decide a deal, real estate developers has been more freebies and attractive discounts like free furnishings, gold coins, subvention scheme and even an Apple-i-phone 7 during festivals. This festival season will bring in cheer in terms of best prices, better payment terms and above all a delivery promise.
Summing up the unfolding realty scenario during the current festival season, Mr. Pawan Jasuja, Director, Finlace consulting said that “Although it is too early to predict but yes, we are expecting a quick jump in sales since many projects are ready or nearing possession and only few formalities are awaited”. Mostly homebuyers are preferring ready to move in properties and avoiding under construction properties. Greater Noida West part of Central Noida from sector 74-79 and 117-122 and Noida expressway location have many ready to move property and nearing possession options available under heavy options. Ghaziabad and Gurgaon are also in the league. “So homebuyers of all categories will find a solution this festive season”.
However, the buying decision should be based on factors such as price of property, location and return of investment. Discount on property rates are the most desirable for end users and investors, buyers must establish the difference in prices before and after the announcement of the discount.