Reasons Why Gudi Padwa Is A Great Day For Investing In Real Estate

In India, our cultural heritage plays a huge role in our everyday decision making. We’re steered by the intangible presence of auspicious timings that bring us huge comfort, especially when we’re considering a new start. A moment that has the potential to change our lives.

Most cultures have a similar tradition, one where timing influences the decision made, as nobody wants to attract unnecessary shifts in luck or energy, therefore, why tempt fate? So we wait for the glow of auspicious days that bringing with them the promise of prosperity, and new beginnings. A sentiment wholeheartedly supported by Gudi Padwa.

What is Gudi Padwa? It is considered to be one of the most auspicious festivals in Maharashtra. The day marks the beginning of spring, and subsequently the harvest season. It is also celebrated as New Year’s Day. The metaphorical significance of the harvest is tied into the new beginnings, the promise of hope and prosperity, and a fresh start; making it an auspicious day for people to invest in gold, vehicles, or real estate.

If we look at the benefits developers offer their customers, we can better understand why home buyers choose to invest in real estate on Gudi Padwa.

• New Projects

There is no dearth of housing projects in Mumbai for the homebuyer to choose from. However, Gudi Padwa is about a new beginning. Both, buyers and sellers put stock in the sentiment of the festival with developers across Maharashtra launching new projects on the day, benefitting from the increase in enquiries from prospective homebuyers, who are also looking to book in a newly launched project.

We must remember, with newness comes the first-movers advantage, the opportunity to gain from the being the first on the scene, and so developers often have an offer or two up their sleeve for these launches.

• Exclusive or Special Booking Offers

During Gudi Padwa, developers want to make their product the most exciting offer on your table. Knowing that you have the world of options in front of you, developers will often provide additional incentives to consider their projects. They can offer you a luxurious 2 bed residence in Thane or a look at their 2 bhk flats in Goregaon, with a little bit more; some of the great offers you can expect from a developer include a range of freebies such as free registration, no stamp duty, free car park, or fully fitted white goods. So when you calculate the value of what you are being offered (remember to do your due diligence and understand what the net value of the flat is after considering the offers/freebies) it can very well make investing on Gudi Padwa a great option for you!

• Relaxed or Customisable Payment Plans

A number of developers choose to offer flexible payment plans as an incentive for booking which is a wonderful offer for the client who then has the liberty of planning their financials as per their comfort and convenience. Offers like these are commonplace on Gudi Padwa, especially when looking at the suburbs. Oftentimes subvention schemes and flexi payment schemes are popular amongst larger area developments such as a property in Dahisar, or Thane, making them wonderful investment opportunities, specifically on the occasion of Gudi Padwa.

We hope you learnt some interesting tips on what you can look out for this festive season to make your homeowning dreams a reality, and from all of us at Dynamix Group, we wish you and your loved ones a very healthy, prosperous and joyous Gudi Padwa!