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Gudi Padwa: The Real Estate Market On This Auspicious Day

pharandespaces

Gudi Padwa is one of India’s most auspicious festivals. It is the first day of the new year for Hindus and is celebrated with great enthusiasm in Maharashtra and other states. The festival brings happiness to homebuyers, coupled with some fantastic offers and discounts in the real estate market. People like to invest in different projects on this day as they feel it is an auspicious day.

As there is a trend of buying a house in this Lunar Month of the year, many real estate developers offer schemes that include ready-to-move-in apartments, booking offers, flexible payment schemes, etc. The developers also make strategies to market their properties and get maximum leads.

Before buying a house in the festive season, you should be aware of all the real estate offers. These are some of the offers and discounts home buyers may get during Gudi Padwa.

  • Flexible payment option

During the festive season, many real estate developers offer flexible payment options to homebuyers. Here, the homebuyer can pay some percentage of the amount at booking and the rest after possession.

  • No GST

The no GST or free GST scheme is another great offer for homebuyers that developers provide in the festive season. While buying a real estate property, everyone tries to save money, even if it’s 1% of the amount. The no GST scheme can save around 1-5% of the total amount of property that makes it a pretty good deal.

  • Benefits on Registration and Stamp Duty Charges

The registration and stamp duty of the real estate property is mandatory and can affect your overall budget. Builders come up with offers on Stamp duty and registration charges during the festival, which saves up to 10% of the amount.

Before buying a real estate property on Gudi Padwa or other festivals, here are some of the dos and don’ts you should know.

DOs

Budget Before planning to buy the property, you should decide your budget and EMI you can afford to pay every month.

LocationLook for a peaceful area with good connectivity. All the necessary facilities such as school, college, hospitals, bank-ATMs, etc., should be available near the property.

The reputation of builderAlways deal with reputed and trusted real estate developers.

DON’Ts

Avoid a hurried decisionTake your time for a decision before investing in any project.

Deal without checking paperwork Do not deal in the property without checking the RERA number and other important property documents like Occupancy Certificate, Completion Certificate, etc.

Pharande Spaces is one of the most reputed and trustworthy real estate developers in Pune with many exciting projects. In the latest Pharande spaces projects, you get excellent apartments in a good locality and at affordable rates. Schedule your site visit for Pharande spaces projects to know all the fantastic offers and discounts for Gudi Padwa. We follow all the COVID guidelines to provide you with a safe site visit.

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