If you buy a house in the festive season, you can get an electric bike of 1 lakh for free, builders have brought special offers
Builders bring offers every time in the festive season to increase the sale of houses.
With the increase in the cost of building materials, the prices of houses have increased.
Banks have also increased the interest rates of home loans, so sales have been affected.
New Delhi. There is good news for the people who are planning to buy a home in the festive season. Real estate developers have come up with many offers to increase sales during festivals. These include offers like discount on house price, free parking, electric bike on home booking. Buying a house has become a bit expensive after the recent hike in interest rates by the Reserve Bank of India (RBI) and a rise in commodity prices.
Almost all banks have increased their home loan rates in the last few months. In such a situation, to reduce the impact of this increased cost, real estate developers have come up with these offers to woo home buyers. Experts say that the demand for new homes may remain low in some markets. This is because people are more inclined to celebrate the festive season festivities well this time after 2 years of covid restrictions. Moreover, the bargaining power with the buyers has also reduced as developers are financially stronger this year than last year.
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Here are the offers
Moneycontrol According to a report, we are trying hard to increase the sales this festive season. Due to Kovid-19, it was stalled in two years. People consider shopping in India auspicious during the festive season. This is the reason why the sale of houses increases in this season. To capitalize on this opportunity, builders are giving many offers to the customers. This year too, on the festive season, many builders have announced discounts in the form of interest subsidy and cashback for a fixed period. Some real estate developers are also offering gold or some other consumer durable products free of cost to buyers on the purchase of homes.
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also offering electric bike
Many builders have announced exemption in stamp duty. The builder is giving this exemption by promising to bear the amount on stamp duty. Apart from this, some developers are also offering house bookings for just Rs 21,000 and free car parking slots. Not only this, some developers have also announced a discount of up to Rs 2 lakh on the price of the house or Ola electric two-wheeler for free.
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Tags: business news, Business news in hindi, Home, real estate
FIRST PUBLISHED : September 27, 2022, 11:54 IST