The festive season gives home enthusiasts a wonderful opportunity to buy a home they can call their own. Read on to find out 5 compelling reasons that make the festive season the best time of the year for a home purchase.
Options Galore
In India, it is considered auspicious to buy a property during the festive season and people wait diligently for the occasion. Developers are also aware of this phenomenon and they come up with attractive discounts and tax rebates to woo the customers. So, buyers can expect numerous offers like discounts, cash rebates, benefits on registration and stamp duty payments, home appliances, etc. if they buy the property during this period.
Multiple Launches
As the festive season witnesses high interest in home buying, developers also look forward to these auspicious days to launch new projects. As a result, the number of projects that get launched during the festive season is comparatively higher than any other time of the year and buyers get multiple options.
Discounted Rates
In their bid to woo the customers, developers often reduce the prices during the festive season. Property prices are the lowest during the period and therefore the time is just perfect to make the move.
Offers & Schemes
As people show enormous interest in investing in property during the festive season developers come up with many schemes and offers during the festive season which can be anything from discounted rates to freebies to gifts which can also include cars. The schemes can include financial rebates like no EMI until possession.
Low Home Loan Interest Rates
More and more people want to buy homes during the festive season as purchase done during this time is believed to be auspicious. Banks also understand this and they offer home loans at reduced rates during the festive season which encourages people to buy their dream home during the festive season.
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