It’s time to celebrate festival season. Generally Diwali is the time when lots of real estate projects get launched. Builders and developers launch their new projects on Diwali because it is considered as auspicious and peoples are keener to more real estate investment during this festival. During festive season developer offers discount or attractive gift to attract property investors. Now a days peoples are more enthusiast to invest in buying properties during Diwali.There are several advantage and disadvantages in investing in properties during Diwali.
Property investors should be aware about discount offers and gifts offer by builder and developer because sometimes builders may take advantage of ignorant and unaware home buyers. Even tiny offers can cost heavy price. Gift offers like free foreign trip on buying residential flats are nothing but getting tricked. In such types of gifts you are paying more during the time of property booking. A discount offers is a discount only when there is a cut in the price per sq ft.
Following are some suggestion that may help you to get best property deals in Diwali –
• Purchasing property in lifetime investment so proper planning of property and budget is must. A well planned budget will help you in determining further factors.
• After deciding your budget approach minimum 2-3 banks for home loans so that you can choose best option.
• Make a list of a few builders and their projects. You may contact customers and their clients to know more about services offered by particular builder.
• Find out information about the exact property rates.
• Find out the details about the area of the property that you are willing to buy facilities such schools, hospitals and efficient transportation.
• Check out property documents in case of resale properties.
• Do not fall for attractive discount and gift offers because this may cause problem.
Be more careful while buying right property during this season of Diwali.Celebrate safe and Happy Diwali !!!
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