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Why to Buy a New Home this Festive Season?

Posted by John Rayan on November 14, 2023
Diwali Real Estate Blog
Diwali Real Estate

Festivals in India bring an aura of energy, excitement, and positivity. It’s not just about celebration; it’s also considered an auspicious time for significant purchases. If you’ve been postponing your real estate investment, the period from Diwali to New Year offers an ideal window. Sellers entice potential buyers with various discounts and offers during this festive season. Let’s explore why this festive season is the perfect time to invest in property with some compelling examples.

Why Invest in Real Estate During the Festive Season?

The festive season is when people embrace a spirit of celebration and are more inclined to make purchases due to the numerous benefits available. Here are some key advantages of investing during this festive season:

  • Auspicious Time: Our country’s rich culture associates festivals with hope, prosperity, and happiness. Diwali, in particular, is considered an extremely auspicious time to make significant purchases. Symbolizing wealth and prosperity, investing in property during this festival aligns with people’s dreams of entering a new home during this auspicious time.
  • Availing Real Estate Festive Offers: Just as homebuyers see Diwali as a promising time for fresh starts, developers feel the same way. Many new projects are presented and initiated during this time. Developers offer attractive discounts on residential properties during this season, making it an opportune time for buyers.
  • Low Interest Rates: Different financial institutions and banks offer home loans at very low interest rates during the festive season to attract home purchasers. If you can secure home loans at low-interest rates, it’s an opportunity to maximize your real estate investments.
  • Diwali Bonus: Many working professionals receive substantial hikes or Diwali bonuses. Investing these savings into building a home becomes a mindful decision. Purchasing real estate during Diwali is believed to bring fortune, and many regular homebuyers are increasingly buying properties from real estate investors during this time.

To learn more about the benefits of investing in real estate during Diwali or what type of project to invest in, Property Plateau can help you with that.

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