The occasion of Diwali , the festival of light qualifies as the auspicious time of the year when people look forward to spending money on several items, especially gold and homes.
Since festive season is preferred by most people to buy homes, builders have raining offers such as GST waiver and no EMI till possession. During this festive season, those that are planning to buy a house normally try their best and take the plunge. As it happens, investments in real estate hardly go wrong, as they invariably give good returns. And, this reinforces people’s belief that Diwali is an auspicious period to make an investment in real estate.
Buying a home needs a lot of planning. . You need to consider a lot of factors such as location, type of property, price and finance scheme. So, if after due deliberation, you’ve made up your mind to buy a house, this may be a good time.
Keep in mind the following things before investing in a new property:
Plan your budget well and much in advance. This will also help you take other decisions related to buying property.
Approach banks for offers on home loans. Make sure you approach at least three different banks for better options.
While picking a builder, make sure to do thorough research and background checks before finalizing. It is also good to contact previous clients of the builder for their experience and reviews.
Also find out the property rates and compare with that of the builder’s.
The occasion of Diwali qualifies as the perfect time for homebuyers to finalise the biggest decision of their life. With numerous offers in the real estate market during this period, there is never a better time to make a value transaction.