Developers in Maharashtra anticipate increased home sales during Gudi Padwa, providing incentives like discounts and flexible payments. Experts note rising property prices and strong buyer sentiment.
The surge in real estate advertising reflects developers' efforts to attract hesitant buyers, particularly during the festive season, with increased discounts and promotional offers.
Home sales, particularly new launches, experienced growth between January and March, spurred by developer discounts. Bangalore and Mumbai saw improved sales.
Sobha Developers offers discounts on Bangalore residential projects due to sluggish demand, adjusts launch timelines, and considers smaller, more affordable homes.
Indian property developers are offering massive discounts as the global finance crisis impacts the market. The incentives include free parking, fee exemptions, and paid stamps and registration costs.