FESTIVE SEASON: Developers offering offers to woo buyers

Festival season begins from Navratras and lasts till Diwali in India. It brings happiness and optimism with it. It is the time when developers offer many offerings and freebies to attract buyers and push their selling. On the other hand buyers consider festival season as an auspicious time to own a property. Like every year, this year also developers are offering many gifts or offers to woo buyers across Delhi- NCR.

“We are seeing developers in the National Capital Region offer their buyers free wardrobes in each bedroom, modular kitchen with RO, free 32 inch LED television set an even fully furnished homes among other things. A few developers are offering free gold coins, international vacations etc. Direct discount on the basic selling price is also on offer apart from offers of free maintenance for a year, free car parking etc. Clearly, developers are prepared for the festive season rush and we will have to see if buyers take the bait,” says Sachin Sandhir, global MD- emerging business, RICS.

This festive season, many factors like status of affordable housing, implementation of policies like RERA, GST, REITs and FDI are going to work in favour of the real estate sector.

Mapsko Group is offering a line- up of advantages at reasonable rates in the form of its ready –to- move-in apartments with free club membership, parking and one year maintenance along with 5KVA power backup. “We are also offering assured gifts via scratch cards for on –spot booking during this festive season.” said Rahul Singla, Director, Mapsko.

Eros Group is offering a flat five percent discount on the BSP on booking of each unit it’s in Greater Noida West Project, Eros Sampooranam . Experion Developers is offering a Mahindra KUV 100 with its every 3-BHK AC apartment (sizes start with 1758 sq.ft.) booking for its premium luxury project.

Elan Group has also planned many offerings for its buyers. “The festival season is associated with human emotions. People like to invest in this season and want to buy their dream house too. That's why we have brought many attractive prizes for all the buyers who want to own a house. These offers include gold coins, luxury cruise, i-Phone and mid- segment cars to every buyers,” asserted Ravish Kapoor, Director, Elan Group

Existing physical and social infrastructure along with favouring policies this festive season is going woo more buyers and the real estate fraternity is to make a strong comeback bringing cheers to the faces of both the developers and buyers.