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Why Is Festive Season The Best Time To Invest In The Real Estate Sector?

Oct 15, 2022
Why Is Festive Season The Best Time To Invest In The Real Estate Sector?

In India, festive seasons are celebrated with much joy and glory. From making arrangements for festivals to figuring out the finances, this might be the best time to invest in the real estate sector.

Investment is an aspect that everyone looks forward to during the festive season. Along with investing in silver, gold, and platinum, investment in a home is another zone that people look forward to getting into. The real estate sector has been gaining much traction and is primarily considered the best festive season investment.

51% of the Indians think the festival season is the best time for investment, i.e., around October to November. This is mostly due to the auspiciousness associated with these days and the good luck that investments bring with them.

Real Estate Investment - Are Festivals the Right Time to Invest?

Buying and selling real estate property involves a lump sum of money to be invested. Therefore, it is crucial to understand the dynamics involved before making a purchase. Due to the pandemic, people were skeptical before they spent their money on various assets. Now that the rough times have passed and digital solutions are back to normal, it is time to make the best use of the available benefits.

Ideally, the festive season is the peak time for people to take up an interest in the real estate sector and look into beneficial investment options. Real estate developers and lending institutions are also providing the best possible discounts and deals. Moreover, the government sides with them to offer several tax waivers. Festivals are all about new beginnings, and investing in real estate is one of the most important decisions you can make.

Top Reasons Why Festival Is The Right Time To Invest!

Many people believe that the festive season is the ideal time for making an investment, be it in real estate or gold. An investment in home during the auspicious days is one of the wisest decisions to make. Here are the top reasons why festive season investment is worth it:

1. Cost Benefit

The festive season is right around the corner, and it is just the time of the year when the real estate sector is gaining traction. The sales volume has seen a recovery and the price rise is yet to be witnessed as real estate manages to stay relatively stable.

2. More Projects

It is not just the buyers who believe the festive season to be an auspicious time; the builders and developers think so too. It is an auspicious time to showcase innovations through new projects.

It is not just the buyers who believe the festive season to be an auspicious time; the builders and developers think so too. It is an auspicious time to showcase innovations through new projects.

3. Attractive Sales

Schemes and discounts during the festive season are standard. Planning to be a part of a real estate invest scheme? Now is the time. Real estate builders and marketers have a bunch of options to offer which are often considerable choices for buyers. Furthermore, through these schemes, one can derive more options like no EMI and lower interest rates.

Now that you are aware of the right time to become a prospective buyer, you must start applying for a home loan if you wish to invest well in time for the returns to reap. The festive season is the appropriate time for dealers to throw discounts and cash deals. There is no bigger reason required to make a festive season investment at home.

Conclusion

Everywhere around the globe, people eagerly wait for festivals to spend a chunk of their savings on real estate. Let this Diwali be a real estate Diwali!

At Grihashakti, we offer real estate loans that will help you to make a sound investment during this festive season. A home loan from us takes you one step closer to building your dream castle. What are you waiting for? Visit us now to check your eligibility and get your loan approved quickly.

Must Read: Tips to Reduce Your Home loan Interest Rate

Disclaimer: *Please note that this article is for your knowledge only. Loans are disbursed at the sole discretion of SMFG Grihashakti. Final approval, loan terms, disbursal process, foreclosure charges and foreclosure process will be subject to SMFG Grihashakti’s policy at the time of loan application. If you wish to know more about our products and services, please contact us.

SMFG India Home Finance Co. Ltd. (Formerly Fullerton India Home Finance Co. Ltd.)
CIN number: U65922TN2010PLC076972
IRDAI COR No: CA0492

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