There are certain times in a year when property buying picks up. Diwali is one such festival when people make big-ticket purchases. It is no secret that the festival of Diwali has an enormous significance in our culture. Not only is it an opportunity to meet and exchange gifts with our loved ones but it is also the best time to buy property. If you have been protracting your decision of buying a home then this Diwali festive season is the best time to buy real estate properties in Pune.
Typically, real estate developers come out with a host of tempting deals and offer around this season, making purchase decisions harder to resist. With reigning offers from developers, this is the best time to buy property in Pune. Several buyers wait for this auspicious period all year to purchase new beginnings in the face of a new home. Apart from nourishing a religious sentiment, there are various other reasons behind buying property during the festive season.
Let’s explore why you must invest in Pune this Diwali.
Why Diwali Festive Season is the best time for real estate investment?
- Auspicious Time
It is a classic middle-class convention to go for big purchases on auspicious days. It is believed that buying things on auspicious days will not only bring luck, but the new purchase will serve for a long period. Diwali is considered one of the most auspicious Indian festivals. It is a symbol of hope and happiness. Given the auspicious nature of the festival associated with several Gods and deities also symbolizing the triumph of good over evil, socio-culturally speaking, it makes perfect sense to invest in something so important during the festival.
People also see this as a time for a fresh start, new developments, and initiating more important events in their personal or professional lives. Therefore this is the opportune time for buying a home.
- Attractive deals from builders/ discounts & offers
Developers launch attractive deals & discounts during Diwali every year. This helps and motivates home buyers to buy their homes at the right prices. Real estate developers roll out several offers and schemes to entice their customers like zero stamp duty, home appliances, cashback, no EMIs, or lesser interest rates, among many others.
This makes a great case for aspiring first-home buyers to negotiate with developers and crack the best deals & offers. Developers in Pune and all over India look forward to taking the optimum advantage of the Diwali festive season. They are more than willing to shell out offers, discounts, and freebies to induce the buyer.
- Abundant availability of new properties/ New Launches
One big reason Diwali is the best time to buy property is that builders launch new projects during this time across the country. As most people in the real estate sector consider it an auspicious time, sellers put new properties up for sale. All of this offers ample opportunities for prospective homebuyers.
- Real estate is the best investment bet
With a volatile stock market, exorbitant Gold rates, and low rates in FDs, real estate seems to be the only haven for individuals. Not only are the lending rates low, but developers are also offering attractive payment options, various schemes, and freebies to promote their projects in this festive season.
Traditionally, the festival of Diwali is perfect for beginning new life journeys. So, real estate investment can be a perfect idea this year. If you are planning to buy your dream home, Diwali is just the right time!