Showing posts with label effect of diwali on real estate. Show all posts
Showing posts with label effect of diwali on real estate. Show all posts

Real Estate Sector receives a boost during Diwali

Festive season are always the best to shop, sell and do any kind of deals that you want because everybody is in a jolly mood and everybody wishes to spread happiness and peace in the society. Moreover according to some people that believe in the stars and moon positions, the time during Diwali is very auspicious and the star, sun and moon positions are appropriate for making any kind of deal. In Diwali there is one day dedicated wholly to any and every kind of monetary and financial deal called as the dhanatrayodashi meaning the day to worship goddess Lakshmi who is the goddess of money.

On this day people consider it very auspicious and lucky to have done any kind of monetary or financial deal and hence people are more willing to buy properties or give their properties to someone on these days. there are various offers that the property sellers, the real estate agents and the developers of the property put up on their project in regards to the festive season and so that their sales are doubled. It is said that in the festive season there is a decrease in the prices of houses and hence people browse for properties to buy at this time. There are various people who wait till this time to purchase their own home because they know that the prices will decrease. This has been happening for the past two to three years and hence people are anticipating a price fall in this year too.



As the prices of the properties are going down and there is no substantial development in the prices of new projects and properties that the builders have decided to launch, they are planning on various new offers and plans that can give the best to their customers. The sellers have realized that there is no more the age of manipulating people but you have to keep a very nice and clean record with them and always keep a good image of yours in front of them. This will help them to choose you when your properties are out and also some well-known builder’s properties are out. The builders and the buyers actually wait for this festive season anticipating that the prices will rise and the prices will decrease respectively.

Everyone has a different take on this as the builders sees the industry and this season differently while the buyer and the customer sees this season differently. The best way to be correct about the rise of the fall is to research for you, read few things, watch few interviews and informative stories and then anticipate the rise of the fall. You have to have knowledge in the field to know if you are right or wrong and what better ways to gain knowledge than to see the news and read up comments and views of the professional real estate industrialist.


The reason for this is that if tomorrow you decide to look for flats  in Bangalore to buy and you are actually anticipating a price fall in the city during the Diwali time, but if that doesn’t happen then all your pain and efforts will be washed away in vain. Hence it is always better to be sure by searching and researching and doing a lot of ground work before you take any decision. One simply cannot go and buy a property. Wait for some time, see if there is going to be a rise or fall and then decide where do you want to buy a property and when.


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