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Q: Is it the right time to buy a property during the festive season?

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Replies (3)
1
I agree that buy property during festive season can be fruitful but there are thing you should check before buying such as: -These offers are usually applicable for projects in which units are not easily selling. -Read the terms and conditions thoroughly. -Check the clauses pertaining to cancelling the booking or changing it. -Do a double check on the project that is on discount.
Lokesh Patwa


2
One more good news is that is that RBI Governor reduced the repo rate by 50 basis points bringing it to 6.75 per cent, the lowest in the last four years.

Following this, several banks slashed their interest rates. SBI took the lead by reducing 0.40 per cent, making the current lending rates 9.70 per cent. Other banks that followed the suit includes Allahabad Bank, Dena Bank, Punjab & Sind Bank, to name a few.
Balaji


1) Ajnara is providing a 7-7-7 scheme for certain projects where the customer needs to pay only 7 percent of the property cost at the time of booking; will get Rs 7 lakh discount and the unit will be offered for possession in the next 7 months.

2) Supertech Limited has launched an exclusive ‘9 Days of Navratras – 9 EMIs free’ scheme for its customers during the auspicious 9 days of Navratras. This offer is applicable from the first to the last Navratra on all the projects of Supertech across Noida, Greater Noida, Ghaziabad, Gurgaon, Meerut, Muradabad, Rudrapur, Haridwar and Bangalore.

3) M Housing is offering 30:70 payment plan for JM Aroma, where 30 percent of the amount is to be paid at the time of booking and rest on possession. Also, 5:95 payment plan with No EMI till offer of possession for JM Florence where 5 percent of the amount is to be paid at the time of booking.

4) Rudra Buildwell Pvt. Ltd. has come out with a scheme for buyers who are interested in buying units that are 1,450 sq. ft. in size or above. As per the scheme, the company will provide the unit with a complete modular kitchen. This scheme will only be available at the time of 9 days of Navratris.
vin,  Bangalore
14th October 2015


Guys, Any idea which all projects are giving offers this festive season?
Chiraj Malik,  Bangalore
15th October 2015


1) Ajnara is providing a 7-7-7 scheme for certain projects where the customer needs to pay only 7 percent of the property cost at the time of booking; will get Rs 7 lakh discount and the unit will be offered for possession in the next 7 months.

2) Supertech Limited has launched an exclusive ‘9 Days of Navratras – 9 EMIs free’ scheme for its customers during the auspicious 9 days of Navratras. This offer is applicable from the first to the last Navratra on all the projects of Supertech across Noida, Greater Noida, Ghaziabad, Gurgaon, Meerut, Muradabad, Rudrapur, Haridwar and Bangalore.

3) M Housing is offering 30:70 payment plan for JM Aroma, where 30 percent of the amount is to be paid at the time of booking and rest on possession. Also, 5:95 payment plan with No EMI till offer of possession for JM Florence where 5 percent of the amount is to be paid at the time of booking.

4) Rudra Buildwell Pvt. Ltd. has come out with a scheme for buyers who are interested in buying units that are 1,450 sq. ft. in size or above. As per the scheme, the company will provide the unit with a complete modular kitchen. This scheme will only be available at the time of 9 days of Navratris.
vin,  Bangalore
15th October 2015


3
The festive season brings auspiciousness in life and hence, there has always been a surge in demand for real estate during this time.. You can also get good offers, discounts and even builders will be giving freebies.
vin


With sky reaching property prices, developers are stuck with lot of unsold inventory. Coupled with this is the liquidity crunch they are facing with investors reluctant to invest due to low returns and buyers refusing to buy property. Thus, with pressure mounting, it is good time for buyers to go for smart bargains.
14th October 2015


4

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