As India enters the festive season of 2025, real estate sentiment is showing renewed strength across luxury, mid-range, and affordable housing. Industry experts say enquiries have already jumped, developers are launching new projects with offers, and homebuyers are taking advantage of stable interest rates and GST reliefs. While luxury buyers continue to view property as a long-term wealth asset, mid-segment buyers are benefitting from discounts, festive deals, and easier financing.
Expert Views on Festive Real Estate
| Expert | Key Takeaways | Segment Focus |
|---|---|---|
| Ashwin Chadha, CEO, India Sotheby’s International Realty | Luxury enquiries up 15–20%; HNIs and UHNIs continue to buy despite price spikes; global liquidity boost from expected US rate cuts. | Luxury Housing |
| Ganesh Devadiga, Principal Partner & Sales Director, Square Yards | Festive season drives new launches & bookings; repo cuts and GST relief support affordability; developers using festive offers to attract buyers. | Mid-to-Premium Housing |
| Ravi Shankar Singh, MD, Residential Services, Colliers India | Best time to buy due to GST cuts on construction materials, developer offers, and stable loan rates; urges buyers to check developer credibility and base prices before booking. | Affordable & Mid-Range Housing |
Luxury Housing Outlook
According to Ashwin Chadha of Sotheby’s, luxury real estate demand is steady with a 15–20% jump in enquiries this festive season. While HNIs remain relatively unaffected by small price movements, they are cautious in overheated micro-markets. Globally, expected US rate cuts are boosting liquidity, reinforcing luxury property’s appeal as an inflation hedge, source of rental yields, and capital appreciation. HNIs are also diversifying into REITs, AIFs, and structured products, which complement physical property investments.
Mid-Range & Premium Housing Trends
Ganesh Devadiga of Square Yards noted that festive seasons typically drive strong new launches and booking momentum, with many conversions expected in the coming quarters. Developers are rolling out offers aligned with auspicious buying sentiment, while repo rate cuts and GST relief are cushioning rising property prices. He expects the year to close on a positive note, with sustained buyer confidence driving activity.
Affordable & End-User Demand
Ravi Shankar Singh of Colliers India believes this is an ideal time for end-users to purchase homes, given a combination of GST cuts on construction materials, attractive developer schemes, and stable loan interest rates. Beyond the financial incentives, cultural belief in the auspiciousness of the festive season also drives decisions. Singh, however, advises buyers to prioritize developer credibility, construction quality, and base pricing over just festive discounts.
Bigger Picture
From luxury villas in prime micro-markets to affordable housing projects on city outskirts, the festive season of 2025 is expected to act as a strong catalyst for India’s housing market. Developers are using this window to push sales, buyers are locking in deals, and investors continue to diversify their strategies. With a combination of policy support, festive optimism, and stable financing, experts forecast a robust close to the year for Indian residential real estate.
Also Read: The Role of Policy in Driving Sustainable Real Estate Development
