
Festivals and Finances |
Benefits of Investing in Real Estate during Festivals
Table of Content
Benefits of buying property during festivals include exclusive festive offers on real estate such as cashback, discounts and flexible payment schedules, festive season is also considered an auspicious time to buy property.
Real Estate Investments during Festivals
Indian festivals are frequently associated with success and new beginnings, making real estate investment during festivals an extremely advantageous option. Ganesh Chaturthi to Diwali and Navratri are regarded as the best festivals to invest in real estate.
The best deals and competitive property rates are typically found during these festive seasons, whether you are looking for residential property or commercial property for sale.
Check out the list given below of festivals along with their significance in real estate investments:
Festivals |
Date (varies annually) |
Significance |
Ganesh Chaturthi |
August-September |
A festival to honour Lord Ganesh, the remover of obstacles, making it a great festival to invest in real estate. |
Navratri |
September-October |
A nine-night celebration honouring Goddess Durga, who stands for strength and wealth, making it a great festival to invest in real estate. |
Dussehra |
September-October |
Victory of good over evil Inspiring people to invest in real estate for a wealthy future. |
Diwali |
October-November |
Festival of lights, represents prosperity, happiness and wealth. Many view it as a great time to make large investments |
Dhanteras |
October-November |
"Dhan" is a symbol signifying riches. The purpose of the celebration is to honour the goddesses of health and riches, Maa Laxmi and Dhanvantari. Purchasing property during Dhanteras is believed to bring greater luck and prosperity to the residents. |
Why are Festivals Considered Auspicious for Real Estate Investment?
No matter where you live in the globe, festivals are regarded as unique occasions that offer happiness and are considered an auspicious time to buy property for sale. In India, a country known for its unity in diversity, celebrations have a big influence on people’s choices, especially when it comes to real estate purchases during festivals.
Below are a few points explaining why festivals are considered an auspicious time to buy property for sale:
- Deities linked to wealth and success including Goddess Laxmi on Diwali and Lord Ganesh on Ganesh Chaturthi, are honoured with several celebrations. Making a real estate purchase during festivals is seen as an attempt to ask God for blessings.
- Festivals like Navratri which honours Goddess Durga and Dussehra, which honours Vijaya Dashami are considered auspicious for real estate investment. These festivals celebrate the victory of good over evil and start of new ventures.
- Families carry out rituals and prayers to ask for blessings for health, wealth and happiness during festivals during Navratri and Diwali. Real estate purchases during festivals are auspicious because they are favoured by supernatural divine forces.
- Festivals like Navratri, Dussehra and Diwali place a strong emphasis on respecting family customs and ancestors. Buying properties during this period is considered as a method to continue family legacies, guaranteeing that future generations profit from the investment therefore making it an auspicious time to buy property.
- Hindu astrology is essential for figuring out the best times ( Muhurats) for a variety of tasks including real estate purchases. To increase their chance of success many people consult astrologers to select an auspicious time to buy property. They frequently arrange their purchases to coincide with festivals.
Overall, festivals are considered auspicious for real estate investment as they are associated with the concept of beginning over.
Top 5 Benefits of Buying Real Estate
There are plenty of advantages throughout the festive season if you're thinking about purchasing real estate. Benefits of buying property during festivals include exclusive festive offers on real estate such as cashback, discounts and flexible payment schedules, festive season is also considered an auspicious time to buy property.
Real estate investment during festivals has long-term benefits as properties usually appreciate in value over time, which helps in wealth building through real estate.
During these festive seasons there are a number of reasons why purchasers choose to invest in real estate. What are the benefits of buying property during festivals? Come with me while we explore!
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Festive offers on real estate:
Since festivals are seen as a time of wealth and fresh start, real estate companies like MoneyTree Realty attract clients with a variety of tempting offers. These festive offers on real estate provide exclusive discounts, cashback and gifts like gold coins as well as flexible payment plans like no cost EMI.
In order to maximise sales, real estate developers in India usually introduce new projects or exclusive price plans during festivals, resulting in a competitive market that benefits consumers. Festive real estate offers give buyers the chance to buy commercial and residential properties at discounted prices, which can support long-term financial growth.
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Long term benefits of real estate investment:
Securing long term benefits of real estate investment is the main goal of purchasing real estate during festivals, rather than just taking advantage of short term savings and festive offers on real estate. The power of real estate to increase in value consistently over time is one of its main benefits.
Those who purchase real estate during festivals, whether it be for residential or commercial purposes, not only gain immediately from festive offers but also lay the foundation for future financial stability.
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Rental income opportunities:
Purchasing real estate during festivals is a fantastic way to increase the rental income from your homes. There is always a spike in the number of people wanting to upgrade or move into new houses around the festive season, which raises the demand for rentals.
For investors, this increased demand may be advantageous as it will make it simpler to find renters and begin collecting rental money straight away. Real estate purchases during festivals guarantee a consistent stream of income as rentals are in high demand during this period. Want to invest in real estate during this festive season? MoneyTree Realty can assist you in finding the best options available.
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New Project Launches
Homebuyers in India generally consider the festive season to be the best time to make new investments, as festivals and finances go side by side. To take advantage, real estate developers start new projects and give discounts to purchasers. Investing in real estate is made even more advantageous by these festival incentives, which include discounts, flexible payment plans, and free add-ons.
Real estate investments during this period are difficult to refuse because of the unique opportunity presented by the festival’s cultural significance and financial rewards.
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Better Home Loan Deals
Aspiring homeowners should think carefully about their alternatives during the festivals because many banks and housing finance providers offer competitive interest rates on home loans. Finding the greatest offer requires comparing all of the benefits and terms that each lender has to offer. In order to ensure that you maximise your savings while investing in your dream house, securing a favourable interest rate can have a major impact on the total cost of your home loan.
Home Loan Comparison
Here’s a list of banks providing home loans with special festival discount:
Banks |
Interest rate |
2024 Festive Offer |
SBI Bank |
8.55% p.a onwards |
may provide festive offer on real estate |
HDFC Bank Limited |
8.75% p.a onwards |
may provide festive offer on real estate |
ICICI Bank |
9.00% p.a onwards |
may provide festive offer on real estate |
Bank Of Baroda |
8.40% p.a onwards |
may provide festive offer on real estate |
Axis Bank |
8.75% p.a onwards |
may provide festive offer on real estate |
PNB Housing Finance |
8.40% p.a onwards |
may provide festive offer on real estate |
IDFC First Bank |
8.85% p.a onwards |
may provide festive offer on real estate |
Tata Capital Housing Finance |
8.75% p.a onwards |
may provide festive offer on real estate |
How to calculate housing loan interest rate?
Homeowners can use the following calculation to determine their EMIs:
EMI = [P x R x (1+R)^N]/[(1+R)^N-1]
Where,
P = Principal loan amount.
R = Monthly interest rate.
N = Loan tenure in months.
However, using an EMI calculator is a more effective method since it is easy to use and yields results that are precise and fast.
Steps to consider before investing in real estate during festivals
Professionals real estate consultants at MoneyTree Realty may be quite helpful when thinking about real estate investments, particularly during festivals. The importance of location for long-term value, having specific goals, and conducting in-depth market research are all key property buying tips.
Some of the steps to consider before investing in real estate during festivals are:
- Make sure you thoroughly investigate the developer and the property at least one month beforehand. This includes looking up the developer's identity, confirming if the project is registered with the RERA, monitoring the project's progress, learning about the property's past, establishing connections with financial advisors for house loans, and more.
- Make sure the project is located in an area with potential for future growth and improvements, including in terms of recreation, infrastructure, and accessibility to flyovers, airports, metro stations, and train stations.
- Consider thoroughly the terms and conditions of each offer as you assess the various festival packages.
Best festivals to Invest in Real Estate in India
India, a country known for its unity in variety, observes a number of festivals all year long, many of which are directly related to financial decisions and personal achievements. This cultural idea that festivities bring wealth and good fortune supports this sentiment, linking festivals and finances. However, what are the best festivals to invest in real estate in India? Let’s find out!
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Diwali: Diwali is associated with prosperity and a fresh start. It is considered one of the best times to buy property in India. Many people think that real estate investment during Diwali brings prosperity and financial development, thus, now is the perfect time to buy a house.
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Dussehra: In India Dussehra is seen as an auspicious time to buy property since it represents victory and fresh start. The real estate market is very active during this time and developers provide a variety of festive offers such as discounts and special deals, making it an ideal time for individuals wishing to invest, similar to real estate investment during Diwali.
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Dhanteras: This festival honours Maa Lakshmi, the goddess of riches, and Dhanvantari, the goddess of health. The word "Dhan" means wealth. Purchasing real estate at Dhanteras is thought to bring wealth and safeguard against bad luck. Buying property during this time is regarded as one of the best times to buy property in India, similar to real estate investment during Diwali. It is believed that the homeowners would experience good fortune and long-lasting advantages.
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Navratri: A nine-day celebration honouring Goddess Durga, Navratri is regarded as one of the best periods for fresh starts, including real estate investment. Navratri is also considered the best time to buy property in India, with developers giving exciting discounts, offers, and payment choices. This is similar to real estate investment during Diwali. Navratri is a financially and spiritually advantageous time to buy real estate since it is believed to bring good fortune to the homeowners.
Tired of looking to buy property for sale?
MoneyTree Realty is one of the best property dealers in Delhi, NCR which provides a large section of commercial and residential properties in Noida. MoneyTree Realty guarantees reliability and transparency in each transaction by following the rules of the RERA Act 2016. In-depth insights into market trends are provided by their team of knowledgeable real estate consultants, who also provide real estate consultancy services supported by data-driven analysis. Their knowledgeable property advisors assist you in making judgements whether you're looking to buy or invest in real estate. Securing the best real estate investments in Noida is made possible by MoneyTree Realty's strategic partnership with leading builders in India.
Services offered by MoneyTree Realty
MoneyTree Realty stands out as a leading channel partner in real estate, thanks to our exceptional services and expert property consultations.
Property related services at MoneyTree Realty include:
Best-in-class property consultations and guidance. |
Real estate related updates on property trends, announcements of new projects, RERA related queries etc. |
Data-backed analytics and insights for comprehensive property analysis. |
Advanced consultation with the optimal use of technology and tools for a seamless experience. |
Strong professionalism and ethical standards while helping you buy property for sale. |
Best property prices and valuations along with other exciting deals and offers. |
Contact us and make a promising and strategic real estate investment in India, Call us on +91 9732300007.
Frequently asked questions
Why is Diwali the best time to invest in real estate?
Real estate investment during Diwali is considered the best time, as no new projects arrive in the market.
Which day is considered an auspicious time to buy property?
Real estate purchases during festivals, such as Dhanteras and Diwali, are considered an auspicious time to buy property.
Is it safe to invest during the festive season?
Yes, it is safe to invest during the festive season. Buyers are advised to do market research and consult with real estate consultants.