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5 Reasons to Invest in Real Estate During Navratri

5 Reasons to Invest in Real Estate During Navratri

The celebration of good over evil. The Navratri festival is one of India’s most beloved festivals, representing the victory of positivity, prosperity, and a new dawn. For this reason, many people believe that pregnant women and newborn babies are a good omen and an ideal time to make significant financial decisions, such as purchasing a new home or other property-related matters. 

Over the years, the trend of investing in real estate during Navratri has caught the fancy of families who believe it could fetch them both spiritual blessings and returns on their investments.

If you are considering buying a property, then Navratri is an auspicious time to make it happen. Here, we count down the top 5 reasons that the holiday season is among the best times to buy and invest in real estate.

  • Auspicious Time for New Beginnings

Navratri is a highly auspicious time to initiate new endeavours, as it is believed that divine energy is at its peak during this time. In families all over India, it’s seen as the perfect time to purchase a home, launch a new business, or make a long-term investment. Purchasing real estate during this holy time is perceived as more than a fiscal issue. It is also a spiritual matter.

When you buy property during Navratri, you are not merely acquiring a piece of land or a house – you are beginning a life with new aspirations in the presence of positive energies. The relationship between the two is further emphasised by developers introducing new projects or promotions to mark the season.

  • Attractive Offers and Discounts from Developers

Navratri is the upcoming festive season, and it is the best time to invest in property. During such times, developers are typically more open to providing good deals. You can also have some Privileges. These are things that make it easier to lose money and other things that are in your favour. Developers and builders come up with special offers to entice prospective buyers during this period. These offers can include:

  • Reduced booking amounts
  • Exemptions on registration/ stamp duty
  • Modular kitchens or home appliances for free
  • Easy payment plans

This is good news for home buyers: less financial weight on their back pocket and a higher return on investment for them. This makes Navratri an irresistible period for haggling for the best deal in real estate.

  • Wide Range of Property Options

Many real estate companies announce fresh projects to coincide with the festive season of Navratri. This time, the spectrum of homes is wider than usual, including luxury apartments and affordable housing.

If you are planning to buy, this Navratri is the right time to look for projects that suit you best, both in terms of your budget and lifestyle. Whether you want a readymade house, an under-construction project, or buy a property to rent, Navratra is the time for real estate shopping, as you have several offers in the market.

There were also stylish model flats, festivals, and property fairs that developers used to market their projects, enabling prospective buyers to compare offers.

  • Easier Home Loan Approvals and Festive Benefits

Budget is the last thing to worry about during Navratri, as financial institutions and banks offer special home loan schemes during this time. Expectations of lower interest rates, faster approvals, and easier eligibility have been promulgated. Certain banks also offer the option of waiving processing fees or providing cash back for home loan applicants.

However, this serves as an incentive for buyers, making actual property purchase less costly and more convenient. If you are planning to invest in a home, particularly if you are taking a loan, this is again a good time to apply for the same during Navratri. If developers offer festive discounts, and if there are banking offers for the project, the value could actually drop quite sharply.

  • Symbol of Wealth Creation and Long-Term Growth

Real estate has been a long favourite investment platform in India. Buying property during these auspicious days of feasting and festivities adds not only an emotional or cultural depth, but it also gives a serious financial edge. Some of the many advantages to investing in real estate (as opposed to the stock market) are the long-term appreciation potential of most real estate and a stable source of income from rental properties, as well as the potential to provide security for your children, grandchildren, and for generations to come.

Investing in real estate during Navratri means owning an asset that appreciates with time. It’s not just a purchase. Rather, it’s a step toward financial security and building wealth. Navratri is an ideal time to align your financial goals with cultural traditions in all their colours – so you can boost prosperity and growth.

Conclusion

Navratri is a festival of positivity, expansion, and new beginnings, and is arguably the best occasion to take a significant step, such as buying a home. Here’s why people opt to invest in real estate during this season. Due to a variety of reasons, including irresistible special deals for buyers, new project launches, major bank giveaways, auspicious days, attractive investment periods, or good news.

If you’re planning to invest in property, Navratri can give you both emotional and financial rewards. Here’s your chance to fulfil your fantasy of homeownership.

The Royal Ganges is located on the Ganges in Kolkata. This project is about a luxury apartment complex designed for a modern lifestyle, offering both luxury and peaceful living. With unmatched convenience and amazing connectivity, riverside views, and world-class living, The Royal Ganges is the perfect shade of home, luxury, and rich life. The time that home buyers will invest in this project during Navratri holidays will not only fulfil their aspiration to be at their sweet home but also bring them a profitable investment and success in the future.

FAQs – 

Q1: Why is Navratri considered a good time to buy property?

A1: Navratri is considered a propitious time for fresh beginnings. Some people believe that purchasing real estate during Navratri brings success and happiness into their lives.

Q2: Is there a discount in Real Estate during Navratri?

A2: Yes, several builders come up with festive offers like a lower booking amount, no stamp duty, gifts, etc, to draw buyers during Navratri.

Q3: Is it easier to get a home loan during Navratri?

A3: During the festive season, banks and financial institutions also offer special festive deals, making it convenient for some of us to avail of a home loan, especially when every penny is expected to be used and spent.

Q4: Is it beneficial to invest in real estate during Navratri?

A4: Absolutely. Real estate provides long-term growth and stability. Stock market investors often shy away from the stock market during inauspicious occasions, but the same principle doesn’t apply to real estate. Navratri is one of the best times to look at purchasing a home.

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