{"id":26162,"date":"2013-10-21T16:46:31","date_gmt":"2013-10-21T11:16:31","guid":{"rendered":"http:\/\/www.bharatestates.com\/blog\/?p=26162"},"modified":"2020-06-15T03:34:20","modified_gmt":"2020-06-14T22:04:20","slug":"why-and-how-to-invest-in-property-this-diwali","status":"publish","type":"post","link":"https:\/\/www.bharatestates.com\/blog\/why-and-how-to-invest-in-property-this-diwali\/","title":{"rendered":"Why and How to Invest in Property This Diwali?"},"content":{"rendered":"

\"diwali-property\"<\/a>Diwali, the most celebrated festival in India is a mark of new beginning. As the festival is believed to be auspicious, people buy or invest in new things especially in gold and properties. Dhanteras holds a great significance for property investment, during this 5 day festival. Dhan which means wealth, it is said if you make huge investments during this occasion, then you are likely to make ten folds profit. Therefore most of the homebuyers prefer to buy a new home during Diwali. Not only homebuyers but even the builders understand the significance of this festival for the realty sector and offer some very good deals on properties. Most of the developers launch new residential projects during Diwali and some of them offer discounts, rewards, gifts or add-ons like gold coins to the homebuyers. Some of the realtors also drop the property prices considerably to attract the customers. Last year the real estate, market witnessed a slowdown, still a good business was observed during this festival season.Why to seal a property deal this Diwali<\/a>?<\/strong>Diwali is a profitable season for homebuyers as well as for the property dealers but this year the buyers will be more on the beneficial side. The correction in the property prices will motivate more of the people to invest in properties. According to source, property prices are expected to dip by 10 to 15% in metro cities. Real estate developers to clear the huge stocks are offering big discounts on residential projects. Some of the builders are offering freebies and add-ons to get rid of the inventory. Builders are also providing free floor rise charges and stamp duty registrations. New launches by developers will come with huge discounts to fund their construction. Many affordable and mid-segment housing projects are also getting launched. Most of the home buyers prefer investing in properties that offer discounts rather than freebies or gifts. Pay 20% amount at the time of booking and no EMI for next to 8 to 10 months is hottest scheme this Diwali. Prime locations like Mumbai, Delhi-NCR, Pune, Bangalore an many others are providing residences at discounted rates.How to invest in property?<\/strong>Even if there are so many positive points that would tempt you to invest in properties, there is always a word of caution before making such huge investments. It is very important to make a proper research before investing in festive offered properties. Don\u2019t make a rush to buy a home without investigation as you may fall into trap.<\/em>Here are some points to consider before buying a property<\/a> during festival season:<\/em><\/p>\n