Hit hard by the slowdown in the property market as well as the introduction of various policy reforms by the Modi government, the real estate sector is betting big on this year’s festive season for the revival of fortunes. And not without reasons.
Real estate experts and many analysts say that traditionally, the festive season, or the last four months calendar year in India, has been the highest point on the sales chart of almost every industry, and real estate is no exception. This festive time has always been an amazing timeframe for the real estate sector as many homebuyers consider Navratri and Diwali as auspicious occasions to buy the property. Besides, many other reasons also which give a boost to the sales of property during this festive season.
Like other industries, the real estate and construction sector was also severely impacted after the nationwide lockdown was imposed in late March. The unavailability of workers (a majority being migrants) coupled with the rising cost of materials were additional blows. Projects were stalled, delivery dates pushed, and several buyers postponed their decision to buy a property.
But now because of this festive season’s real estate is showing a boom in demand, Navratri season in Hindu mythology considered to the best time to buy property and investment also the market conditions show some positive demand. According to Hindu accreditations, the finish of any acquisition of a property ought to be done at a favorable time otherwise called “Shubh Muhurat“. One, exceptionally favorable time which is very predominant among the Hindus is Navratri. Any Puja or New Venture performed especially during this period is viewed as fortunate and carries success with the conviction that it would acknowledge in esteem. The time of Navratri is considered exceptionally favorable, that is the reason all the nine days of Navratri are holy and fit for purchasing a property.
Knowing the positivity of purchasing new things during celebrations or during the festive season, it is productive for property searchers to purchase prepared to belong homes and with fresh starts this Navratri. One of the prime favorable circumstances of able to move in flats and flats is that there’s no holding up amount. Also, the purchasers have the position of obtaining input from the inhabitants, analyze the world, and verify concerning the arrangement.
With all the advantages, either contribute to easy revenue and future arranging or purchase another home and blessing another space to your family. This Navratri, unlock the door of your new dream home, including luxury living & satisfaction in your life and another motivation to commend it with your friends and family!
Written By – Mukund Kumar Pandey
About Agrawal Builders: It is a premium real estate developing firm in Bhopal with a wide range of residential properties and beautiful amenities like a modern clubhouse, gymnasium, swimming pools, parks, and garden, etc.