Akshay Tritiya holds deep cultural significance in India, serving as a momentous occasion for families to usher in new beginnings. Preparation begins well ahead as consumers eagerly anticipate this auspicious day for making significant purchases, which are believed to bring blessings and prosperity. Traditionally, gold was favoured, but today, real estate has emerged as a cornerstone investment due to its enduring value and stability. Real estate, for many, is a once-in-a-lifetime purchase, and they choose Akshaya Tritiya to finalise property transactions.

The real estate market has experienced a remarkable surge in recent years, and the upcoming Akshay Tritiya festival is anticipated to fuel this growth further. The first quarter of 2024 has already witnessed a staggering number of property registrations, with January, February, and March recording nearly 11,000, 12,000, and 14,150 registrations, respectively. The auspicious occasion of Gudi Padwa earlier this year spurred an increase in property registrations, and the forthcoming Akshay Tritiya is expected to have a similar stimulating effect on real estate transactions.

Also Read: Akshay Kumar sells his property to Daboo Malik

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Celebrate Akshaya Tritiya with Siddha-Sejal Group and Unlock the Door to Your Dream Home!

This Akshaya Tritiya, Siddha-Sejal Group is thrilled to offer a unique festive offer at our properties. We are introducing an exciting “Wheel of Fortune” game at our site locations, promising every booking a guaranteed prize worth up to ₹5 lakhs. Moreover, understanding the importance of financial comfort and planning and to make the home buying journey smoother, they have introduced a Fixed EMI option. With this, financial planning will be easier as the EMIs will remain fixed until possession, providing not just a home, but peace of mind.

Samyak Jain, Director of Siddha Group, expresses his enthusiasm about the campaign: “We are excited to celebrate this auspicious occasion with our prospective homeowners. Our festive campaign is designed to provide not only financial benefits but also a fun and rewarding experience. This Akshaya Tritiya, let’s spin the wheel of fortune together and step closer to your dream home.”

CCI Projects Festive Launch

CCI Projects is set to mark the auspicious occasion of Akshaya Tritiya with the launch of Tower 3 at their landmark project Rivali Park at Borivali on May 10th.  Coinciding with this major festival, 

Rohan Khatau, Director, CCI Projects said, “It is during such moments that individuals are inclined towards making significant life decisions, and buying a home is undoubtedly one of them. By unveiling our new tower Moonrise at Rivali Park, we aim to tap into the festive spirit, resonating with individuals who are contemplating making such important investments. This Akshaya Tritiya will undoubtedly catalyze this demand, further reinforcing the appeal of our new tower.”

Group Satellite ‘ Spin a Wheel’ offer

In observance of the auspicious occasion of Akshaya Tritiya, Group Satellite is delighted to introduce its ‘Spin the Wheel’ offer for customers interested in their esteemed project, Aarambh Avyaan at Malad. This special promotion presents an exciting opportunity for participants to win a variety of coveted prizes including 10GM and 5GM Gold Coins, air conditioners, a modular kitchen with chimney, the latest iPhone 15, Amazon vouchers worth ₹25,000, IKEA furniture vouchers also valued at ₹25,000, a flat cash discount of ₹25,000, essential home appliances such as a washing machine and fridge, an Alexa Home Device, a 32-inch TV, an oven, and even a laptop.

Himanshu Jain, Vice President – Sales, Marketing, and CRM at Satellite Developers Pvt. Ltd. (SDPL), remarked, “Akshaya Tritiya holds profound significance in our culture symbolizing prosperity and auspicious beginnings. On this auspicious occasion, Group Satellite is pleased to present innovative offers, tapping into the festive spirit and to provide our discerning customers with an enriching experience. Amidst evolving market dynamics and increasing aspirations for homeownership, we believe such initiatives resonate deeply with individuals seeking to make informed decisions. The limited-time offer, valid from May 1st to May 12th, 2024, aims to further elevate the festive fervor of Akshaya Tritiya while offering tangible benefits to our valued customers.”

Tridhaatu’s Akshay Tritiya offer

This Akshaya Tritiya, Tridhaatu Realty is introducing unparalleled opportunities for prospective homebuyers. Elevating the standard of luxury living, Tridhaatu presents an exclusive chance to own a 2BHK residence featuring state-of-the-art smart home automation at their esteemed Tridhaatu Morya project in Chembur. These meticulously crafted homes, ready for immediate occupancy, are available at an unbeatable starting price of just 2.09Cr. Additionally, to add a touch of personalization, the developer is offering IKEA vouchers worth 5Lacs, empowering homeowners to tailor their living spaces to their unique tastes and preferences. Furthermore, Tridhaatu is extending the generosity by waiving off GST and stamp duty, ensuring that this opportunity remains irresistible for those in pursuit of a contemporary and sophisticated lifestyle.

Govind Krishnan Muthukumar, Co-founder & Director of Tridhaatu Realty, underscores the exceptional nature of this offer: “This Akshaya Tritiya, we extend a cordial invitation to discerning homebuyers to seize this extraordinary opportunity. Our offerings are not only financially advantageous but are also curated to elevate the living experience of our valued customers, making it an opportune moment to invest in their dream abode, amidst the current upward trend in property prices.”

Also Read: Developers woo homebuyers with attractive festive offers this Akshaya Tritiya 

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Given below are a few exciting offers from leading developers in Mumbai which are for a limited period only.

Pushpam Group

This Navratri, Pushpam Group, a leading real estate player which is into resort homes is offering home buyers some fabulous offers. Home buyers purchasing a property at Balibaug resort homes in Alibaug can enjoy a free 6 nights and 7 days tour package to Bali. This includes Airfare, Visa, stay and breakfast. In addition, buying a property in Balibaug resort style homes with 20+ amenities will help you earn attractive rental income every month, throughout the year.

Dr. Sachin Chopda – Managing Director, Pushpam Group said, “The festive season is the best time for home buyers to invest in a home as developers come up with attractive offers that home buyers find hard to resist. The entire MMR is upgrading with major ongoing infrastructure projects underway that promise to connect the island city with the mainland; reducing travel time and providing better ease of travel to commuters. Areas like Karjat and Alibaug are seeing renewed interest among home buyers. These areas are also attracting people looking at investing in holiday homes, as it provides excellent rental earnings and offers them an asset that will appreciate over a period of time.”

Labdhi Lifestyle

Labdhi Lifestyle, a major player in the Mumbai real estate space is coming up with some exciting offers for home buyers this Navratri. They have put together a special offer ‘Ek Sikka Ghar Pakka’ wherein the buyer just has to pay Re. 1/- and is entitled to own a Labdhi home (conditions apply).

Also, if a customer registers an expression of interest (EOI) he can pay Rs. 10,000/- and avail benefits like car pick up and drop from his residence for his entire family. In addition, he can avail of a total site tour with meals (Lunch) and above all he’s entitled to get a Rs. 50,000 benefit coupon that he can redeem while booking the apartment. Home buyers can avail of this offer for their project Labdhi Gardens at Neral where a 1BHK is priced at Rs. 20.49 lacs, all inclusive.

Kairav Shah, Chief Sales Officer, Labdhi Lifestyle said,“We are in the midst of the festive season fervour and most home buyers wait in anticipation for some exciting home buying offers from developers. Due to property prices on the rise, many home buyers are looking at buying a home in not too distant suburban areas, where property prices are still affordable and yet provide better quality of life. Large ongoing and completed infrastructure projects have improved connectivity, cutting down travel time considerably. Keeping these aspects in mind, many home buyers are flocking to areas like Neral and Karjat in search of their most desired home.”

Also Read: Gudi Padwa is here & builders are back with festive offers

The post <strong>Navratri offers from Developers to sustain housing demand</strong> appeared first on Square Feat India.

By Varun Singh

It’s festive season, and banking on the belief that homebuyer prefer to by during festivals, builders have many offers,

All these festive offers to lure homebuyers, so that at least one festival in this year can help them make sales.

Festive offers are for Navratri, Dusshera and in some cases extended up to Diwali too.

For example, Runwal in its select projects are offering Zero GST, and even Zero Stamp duty.

“Festivals play an important role for both buyers and developers. While buyers look for festive offers and schemes, developers try to maximize their sales during these auspicious times.”

Rajat Rastogi, Executive Director, Runwal Group

Why builder give offers during festivals?

“Previous year trends suggest that housing sales across top cities in festive quarter (Oct.-Dec.) mostly saw an uptick – anywhere between 5-10% – over the preceding quarter. This is largely because the festive season is considered most auspicious for property buying in India and developers also roll out various schemes and offers to fuel the fervour,” said Santhosh Kumar, Vice Chairman – ANAROCK Property Consultants.

D Rathod, who is looking for a home for her paternal aunt, claimed that a builder in Tilak Nagar has offered them one year maintenance free.

“Apart from one year free maintenance the builder has even offered us a scheme where he will pay for the pipe gas for a year. This building already has received an OC too.”

D Rathod, Homebuyer.

Another builder the Wadhwa Group is also has festive offers in the line up for its homebuyers.

In select projects of Wadhwa one can move in by paying just 10% on getting the home registered in the OC received project. The EMI of balance payment will be served by the developer for 1 year thereafter. 

“This festive season we are providing an array of propositions on our under-construction as well as ready-to-move-in inventory with flexi-payment options; which also solves customer’s current liquidity woes of paying everything upfront”

Navin Makhija, Managing Director, The Wadhwa Group

Why home sales may go up and buyers might come in the market again during festival season.

There are two main reasons behind this, firstly lower home loan interest rates and secondly the reduction in stamp duty.

The state government has reduced stamp duty by 3% till end of this year, and many developers are now offering a discount on this too.

Offers where stamp duty is waived by developer, no floor rise, and even no GST is charged would mean a homebuyer saves a lot of money.

Also Read: MMR Sold 4% More Homes in Jan-Sep 2020 Than It Did In Same Period OF 2018

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