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Festive Season Real Estate Buying

Shitij Kaushal, Head of mymagnet.io comments on the developer’s value-driven incentives to attract buyers this festive season.

BY Realty Plus
Published - Wednesday, 25 Sep, 2024
Festive Season Real Estate Buying

This year, flexible payment plans requiring only 10% to 20% as an initial payment are prevalent, particularly in celebration of Ganesh Chaturthi. These plans enable buyers to secure their homes with minimal upfront costs, a trend that gained traction in the past and is expected to continue.

During the last festive season, property registrations increased by 30% compared to 2022, as this time is viewed as auspicious for purchasing homes and embarking on new ventures.

Developers are keenly aware of consumer sentiments and have planned new launches to coincide with the festive period.

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