This Diwali make some Cost-effective Investment in Home Buying

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diwali This Diwali make some Cost-effective
Investment in Home Buying October 13, 2017 aReal
Estate This Diwali make some Cost-effective
Investment in Home Buying 1 Srishti Chandola
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The liquidity flow in the real estate market
during the festive season like Diwali will
definitely provide positive opportunities for
home buyers who are searching for a new home.
During this festive season, numerous builders
begin giving deals and offers to home buyers in
order to increase the sales as well as push the
demand in real estate market. Similarly, this
year as well, the builders have begun offering
best deals to home buyers which is pretty
interesting. One can easily search for festive
highlights about the real estate market in real
estate websites during these specific days.
Property websites are flaring up and the home
buyers have a lot of options and choices to
choose from. This certainly is a great time to
invest in the property market in India. all the
offers are valid until next month with prime
attractions in regions such as Gurgaon, Noida,
Mumbai, Thane, Bangalore, Pune and Chennai. Why
should home buyers invest in the real estate
market now? Generally, the rates at which the
properties are available in the market during the
offseason are fiercely high but during the
festival season, home buyers get not only
properties at discount price but also get some
freebies which certainly become an attractive
offer or deal for the potential home buyers. What
type of offers generally the developers provide
during the festive season? Here is a
glimpse Discount of some 300 sq. ft A discount of
these type definitely leads to the drop or
decrease in the complete price of the unit or an
apartment. There are numerous configurations like
2, 3, 4 and 5 BHK, a bit of difference in the
rates makes a drastic change in the complete
price of the property. Good coins and free car
parking Most of the developers are offering gold
coins as the freebies to home buyers in order to
push the demand in the property market. Free car
parking facilities provided by the builders is
said to be one of the best deals that one can
have at this point in time. Everyone knows that
car parking is very costlier for developers in
comparison to other prices. It is generally in
the range of 1-5 lakhs. If home buyers do not
have to spend money on this then it is a great
sign of relief for them as they get to save some
money.
1 KVA power backup
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Such advantages will certainly help the home
buyers to get the power backup facility at ease
as this is a huge problem that home buyers face
after buying a home. The power crisis is the
prime issue that India is currently facing. Thus,
power backup is an important requisite for the
households. Free modular kitchen Generally,
modular kitchen facility provided by the
developers is pretty higher on cost. It certainly
is an expensive feature of properties but as
developers are offering this for free, it will
help to save money. Banks also provide festive
delights Every year, the banking sector provides
festive offers which make the home loans cheaper.
Numerous banks have already begun providing over
50 off on the processing fees, flexible
repayment tenure, no prepayment, attractive
interest rates and foreclosure charges, etc. When
the money is flowing easily and the necessary
capital is provided by banks, it becomes easy to
own a house. Also, with little disturbance and a
clean paperwork banks, disburse loan easily. If
the CIBIL score is good, then there will not be
any issue in getting home loans. The CIBIL score
plays an important role in loan approval process.
You should check your CIBIL score if you plan to
apply for a home loan during the festive
season. Also, RBI (Reserve Bank of India) has
reduced the key lending rates currently by 25
basis points after which numerous banks have cut
down their lending rates. Such moves will be like
icing on the cake for home buyers along with
festive season which is almost here. It seems
that it definitely will be a good idea for home
buyers to invest in real estate market as these
are cost-saving opportunities which are
worthwhile.
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