Realtors expect boost from Akshaya Tritiya
More or less similar sentiments were echoed by Ritwik Das, MD, Bluechip Projects.
Kolkata: Realty players across the country are optimistic that Akshaya Tritiya will improve the market sentiments and bring back much-needed positivity and vibrancy in the real estate sector. Realtors have witnessed an increase in enquires ahead of the festival. There is a growing demand among homebuyers for ready-to-move-in flats, which have also got a push from reduced availability of under construction homes due to RERA.
“Most homebuyers wait for such favourable days like Akshaya Tritiya to invest or buy their dream home. Several developers give out exclusive offers and flexible payment plans during this period that makes this occasion even better. We are pleased to join the celebrations and offer our customers a luxurious home in our properties in Chennai and Bangalore…The various attractive offers include flexible payment options, saving on GST, rent and earn option, no floor rise charges, among others,” said Prashin Jhobalia, Vice President–Marketing, House of Hiranandani.
If Jhobalia’s optimism is anything to go by, the sector is witnessing a buyer-friendly market and that could bring back fence-sitters waiting for the perfect opportunity to invest in their dream home.
More or less similar sentiments were echoed by Ritwik Das, MD, Bluechip Projects. “The day is considered as favourable, especially for initiating new ventures or even buying new properties. This festival holds equal significance for the real estate industry, as it fosters good business.”
“Another reason that makes this Ashaya Tritiya promising for the sector is the fact that it coincides with the appraisal cycle of many companies. The growth in salary, along with the luxury of choices in the property market, makes it an ideal time for home-buyers to book an apartment. Collectively, it seems Akshaya Tritiya will help continue the upward trajectory for many realtors like us,” Das added.