The players of real estate industry in the commercial capital of India, eyes on auspicious opportunities to garner the interest of existing clients as well as enhance the prospective consumer base. With Gudi Padwa just around the corner, developers and builders across Mumbai have already laid down the groundwork for their respective offers and discount deals. Generally, to book a residential property in Mumbai, imminent buyers look forward to such auspicious occasions. Buying a property during this time or festivities is a common practice followed by every traditional individual in India. And, it is this time when usually every seller introduces varied types of offers and discounts. Developers are anticipating that the realty market will skyrocket in terms of sales and the focus has now shifted towards capitalizing on this prospect.
Gudi Padwa is the onset of a new beginning. It marks the New Year for Maharashtrian community that makes it an auspicious day for prospective home buyers to buy or book a residential and commercial property. Just like any other individual belonging to a specific community, buyers always look forward to purchase a property mostly during festive season in India. It is a common practice in the country, where people are more religiously inclined. Therefore, Gudi Padwa put special discounts and offers to garner as many consumers as possible.
Offers & Discounts by Real Estate Companies in Mumbai
Commonly, real estate companies in Mumbai come up with attractive deals for buyers by offering discounts based on per square feet of the area of the property. For instance, builder offering 1 BHK apartments in Thane having an area between 600 sq ft to 735 sq ft priced at Rs. 40 lakhs* to Rs. 80 lakhs* and 2 BHK apartments having an area between 865 sq ft to 1200 sq ft priced at Rs. 90 lakhs* to Rs. 5 crores*.
Similarly, different builders come up with varied attractive deals for home seekers. Even if they do not get an immediate possession, the practice of booking an apartment on such festive occasions is considered as a positive omen among the entire Indian community. Advance booking of a flat on its base price can also be carried out in the initial stages of its acquisition.
Expectations from New Residential Projects in Mumbai
With an aim to advertise their properties to attract more buyers, top builders in Mumbai seek such occasions to introduce their new projects. Special discounts by such builders having their projects in different parts of Mumbai can help you save a huge amount of your hard-earned money on the total value of the flat. However, the offer can be valid up to a specific number of apartments. Developers can offer apartments ranging from 1 RK to 1 BHK to 2 BHK with a certain starting price.
One of the prime real estate developers in Mumbai ‘The Wadhwa Group’ are back with Home Carnival prices.The carnival presents luxury projects of the group such as Atmosphere at Mulund (W), Elite at Thane (W), The Address at Ghatkopar and Anmol Fortune at Goregaon (W) ranging from 2 to 4 BHK for a limited period, starting from 25th March to 28th March, 2017. These projects range between the price range of Rs 1 Cr* to Rs 1.77* Cr. Also, payment schemes like 5% booking amount with zero interest until possession and a 10:30:30:30* payment scheme on these projects are also available for home-buyer’s convenience.
Thus, festivals like this are the best time to invest in properties. It is only wise for an individual home-seeker to keep a close eye on offers of new residential projects in Mumbai on occasions like Gudi Padwa, to bank on the opportunity. Even the widely-acclaimed property analysts believe that traditions still perpetuate in our society and directly influence the major decisions like home-buying.