Why Are Festivals The Best Time To Buy A Home?

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 – 

1. 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.

2. 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.

3. 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. 

4. 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.

5. 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.

Know How Estate Agents Worth residential property in Chandigarh For Sale

Every house owner wishes to sell his/her residential property in Chandigarh for its maximum worth. And, frequently they wind up picking an estate agent merely on the basis of whoever offers them with the greatest preliminary evaluation. This will be an expensive error.

What your home is valued at matters. If you get the price quote wrong, it may sell for a cost, less than what the real worth of the property is. On the other side, even pricey homes will postpone potential buyers from viewing your home. Large selling rates can even result in a long wait before any great deal comes in or may not sell at all. Getting the evaluation done best agent is therefore advised.

Here are a couple of elements estate representatives think about throughout property evaluation!

Couple Of Elements Estate Agents Bear In Mind While Valuing A Property

1. Local Features

Throughout property assessment, among the significant elements which can increase the asking price is the real area where your house is positioned in. Elements such as how close your house is to restaurants, banks, shopping malls, schools,  and parks definitely affect the last market price. A property which has great transportation links will get a better cost than your home that lies in remote locations.

2. Size

When it concerns getting your property valued, the size of your home is another important element which estate representatives remember. The number of bed rooms that the property has impacts the marketing of the property. Even the size of every individual room mostly identifies buyer demographics.

3. Visual appeals

Besides the apparent factors to consider like keeping your home properly maintained, neat and clean, there are couple of other aesthetic elements which can assist you in appreciating your property. Properties which use fantastic views or are close to water bodies will always attain a much better asking price. Simply the way hotel rooms with panoramas cost more, so do homes near a river or sea.

4. Kerb Appeal

After looking all around your property, the agent will figure out if your front garden looks cool and well kept and whether your property stands apart from the rest. A home with fantastic outsides will definitely bring a much better rate than the ones which do not have.

5. Prospective

The size of the properties for sale in Chandigarh plays an essential function in property evaluation, so is the versatility of the property which is being valued. Representatives even examine if a specific property can be extended. A home which has the potentiality to be enhanced can assist a lot with the market price. Properties with the scope of enhancements and remodelling can drive up selling rates considerably.