SALES & OFFERS On Indian New Year
The month of April marks the harvest season and the advent of New Year in many states across India. The developers too, launch various schemes around this time for homebuyers.Ashok Mohanani, Chairman, EKTA World, Vice President, NAREDCO Maharashtra expressed, “Several developers sweeten deals with offers and value propositions resulting in hike in sales. Although, the due elections could lend a speculative mood, however, we are sure about good deals this season.”
The New Year offers range from - No EMIs until possession, Cash discounts, Free modular kitchen, Free car, No GST, White Goods with flat, and the list simply goes on. Amit Modi, Director ABA Corp and President (Elect) CREDAI (Western UP) offers a counter viewpoint, “We don’t
think that a big ticket purchase like real estate can really be driven via add-on worth a few thousand rupees, free gifts like laptops, mobile phones; gold coins etc. are more likeappreciation mementos for any consumer.” Also read http://realtyplusmag.com/on-akshay-tritiya-developersdoling-out-lucrative-offers/
Buying a home during festive occasions requires due diligence and proper research about the developer’s credibility. A word of advice for the homebuyers would be to make sure that there are no hidden costs and pending project approvals and licenses.
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