Why the Festive Season is the Ideal Time to Invest in Your Dream Home

The festive season in Mumbai has sparked a remarkable surge in property registrations, making it an ideal time for homebuyers to invest. With attractive discounts, favorable home loan schemes, and a plethora of new project launches, this period offers unique opportunities to secure a dream home. Ms. Manju Yagnik discusses the various benefits of investing during this vibrant season, emphasizing the potential for long-term appreciation and the advantages of government policies aimed at promoting homeownership.

Noida and Ahmedabad Lead Inventory Surge as Indian Real Estate Market Heats Up

As the festive season approaches, the Indian real estate market is witnessing a surge in residential supply, with Noida leading the way with a remarkable 50% increase. A recent report from Magicbricks indicates that overall residential inventory across 13 primary markets has risen by 12% in just one month, reflecting strong investor sentiment and heightened demand.

Festive Real Estate Market Sees Rs 350 Crore in Sales Over Dussehra Weekend

The Guardians Real Estate Advisory has achieved a significant milestone by recording Rs 350 crore in sales during the Dussehra weekend. This success underscores the positive buyer sentiment during the festive season, as families embrace the auspicious occasion to invest in real estate.

Mumbai’s Property Market Registers Growth During Navratri 2024, Signals Festive Optimism

During the Navratri festival, Mumbai’s property market recorded a 13.2% increase in property registrations, totaling 5,199 transactions from October 3 to 11, 2024. The surge signals growing buyer confidence and a thriving real estate sector, supported by favorable economic conditions and strategic investments.

Repo Rate Unchanged – Housing Set for Festive Season

The Reserve Bank of India has kept the repo rate unchanged at 6.5%, a decision viewed as pivotal for the housing market during the upcoming festive season. With rising property prices and declining sales, this stability in borrowing costs is expected to encourage homebuyer activity and support the overall growth of the real estate sector.