| Indian real estate industry that was hit
| |
| | "the main attraction for most of the
|
| during Shraadh awaits Diwali, to gear up
| |
| | people is the easy home loans on offer
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| the demand. Banks, at the other end, have
| |
| | and plus the fact that builders are
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| also cut down their interest rates on
| |
| | willing to bargain prices, and offer
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| home loans and real estate developers in
| |
| | relief in other fees, and charges,
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| India are hoping for a good time.
| |
| | property sales can pick up in the Diwali
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| With a view to cash on the festive
| |
| | period."
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| spirit, developers have also been coming
| |
| | Another Delhi broker, Deepak Jain,
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| up with attractive schemes to let people
| |
| | commented on the profile of the enquiries
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| buy their properties. Besides, some have
| |
| | and said, "We have been receiving a
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| planned to launch their projects around
| |
| | number of enquiries from the segment of
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| Diwali days, to time their entry in the
| |
| | 'working-class' intending to reap the
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| markets during this favorable part of the
| |
| | benefits of Diwali schemes".
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| year.
| |
| | However, RK Aggarwal, a Real Estate
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| Take Amarpali developers for instance.
| |
| | agent, brought another side of the coin
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| The company will be launching their
| |
| | and informed, "Many people are
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| township 'Hi-Tech City' in Jaipur and
| |
| | apprehensive about the genuineness of
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| 'Modern Township' in Indore, this Diwali.
| |
| | some of these schemes. As investing in a
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| Delhi-based construction group BPTP has
| |
| | flat is a big thing, the buyer wants to
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| come up with a special offer for the
| |
| | be very sure of the investment, and the
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| potential buyers in Parkland Faridabad,
| |
| | credibility of the developer really
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| in which one has to book during the
| |
| | matters."
|
| festival period and their EMI's will
| |
| | A rate cut of 0.50-1 per cent in home
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| start after 2-years.
| |
| | loans in India probably would drive
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| Triveni infrastructure Development
| |
| | people to consider property buying, he
|
| Company Ltd has tied up with leading
| |
| | added.
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| financial institutions, offering easy
| |
| | Moreover, the Dussehra-Diwali season is
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| loans and flexible payment plans to the
| |
| | considered an auspicious time to invest
|
| buyers. In fact, a real estate company in
| |
| | in a new house. The Indian property
|
| New Delhi has reportedly been offering
| |
| | markets, meanwhile, are set to take on
|
| Maruti SX4 to the clients who would
| |
| | Diwali season, and only the time would
|
| purchase an apartment unit from them in a
| |
| | tell who would benefit the most?developer
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| particular time period.
| |
| | or buyer.
|
| Anuj Shah, a Delhi based broker said,
| |
| |
|