Buy luxurious apartments in Kharar, Chandigarh at affordable prices –
Kharar is a town, close to Chandigarh, in the state of Punjab. Because of its proximity to Mohali, the city is also known as Greater Mohali. The city’s excellent connectivity to Chandigarh and Mohali makes it a suitable place for real estate investment. Many housing projects have been given a green signal in recent times, which has resulted in the construction of high-grade residential units in the city.
Homebuyers can get many options, including 1 BHK, 2 BHK, and 3 BHK property in Kharar Chandigarh. The average price for such properties in Kharar ranges between Rs 20-55 lacs. However, you may find cheaper deals during festivals along with additional offers.
Why Real Estate Market Booms During Festivals In India?
Festivals always arrive as a blessing for the real estate industry. With joy and happiness, festivals also create an opportunity for investors as property prices slid down during this period. Though shopping during festivals mainly includes buying household things, jewelry, clothes, and vehicles, people living on the rent often wonder if festivals are the correct time to invest in real estate. Certainly, it is! Experts suggest that there is no perfect time to invest in real estate. However, investors benefit from various offers attached to real estate investments.
Festivals like Dussehra and Diwali see a massive rise in the number of homebuyers, and builders lure them with exciting offers. Just like any other business, the real estate market also booms during this time of the year. Buying a home during festivals is considered auspicious in our country. Here are of the reasons why you should buy a home during festivals –
- Launch of new projects.
Independent builders and companies see festivals as an opportunity to sell out the maximum number of residential as well as commercial units. That’s why the majority of new housing projects are launched during festivals. Indian home buyers are more interested in affordable housing schemes. The sale of properties increase during this period as the buyers are too excited to get hold of their own home.
- Discounts and Exciting Offers
To increase the sale, builders target people’s willingness to own a property. Either they offer direct cash discounts on the property or give concessions on registration and the stamp duty. The added offers usually include gold coins, gym or club membership, shopping vouchers, and free amenities.
- Flexible payment options
To pull in more buyers, builders are open to any form of transaction during this time. For example, a lot of people don’t want to pay the amount upfront. To deal with this, developers suggest various payment options to clients, such as paying in EMIs, bonds, etc. Such offers excite buyers as it makes their dreams of owning a home look achievable.
- Additional features for the same price
Besides cash discounts and exciting offers, builders also offer free amenities and furnishings in the apartment as added features. It could be a modular kitchen, geyser, AC, and free parking spaces. These resources play an essential role in luring buyers.
- Bonus and bank offers
Festivals are known for bonuses. Whether you work for a company or own one yourself, you are likely to make some extra income. The banks also run various housing loan schemes, which make buying a property more comfortable. With more money in hand and finance options from banks, buying a house doesn’t seem to be an expensive affair.
Real Estate Daily 