Diwali and its impact on Real Estate – Real Estate Diwali

October 20, 2022

Diwali has always impacted the real estate market in a positive way. This year around too, several new launches, new bookings and home possessions are underway. In comparison to the last three quarters of 2022, the real estate market in the Q3 of this year has seen an upward surge owing to Diwali and its impact on the real estate market.

3 BHK & 4BHK luxury apartments in Ahmedabad are high in demand this season. To boost sales this time of the year, real estate companies in Ahmedabad and across the nation are offering several lucrative benefits such as gold coins, cars, iPhones, club memberships, etc, to attract investment in real estate at this time.

Driven by their experiences during the pandemic lockdown where people were homebound, people are looking to upgrade from affordable homes to 3 BHK & 4 BHK luxury homes. Covid has shifted the focus of people towards owning homes that are self-contained, spacious, have several luxuries to offer and also lean towards asset appreciation.

NK Anantaya’s luxury town homes in Vasna, Ahmedabad are homes that leave you in awe. With 3 & 4 MBHK apartments, these homes come complete with 40+ amenities. With self-contained homes such as these in the heart of Ahmedabad city, the local populace has a wonderful option for living the luxury life within the centre of the city!

So what is it about this festival that makes Diwali impact real estate in a positive manner?

Auspicious Time!

With Diwali marking an auspicious time for new beginnings, people consider it the most pious time to book a home. With the Indian sentiments being high around this time, several real estate projects have witnessed a boost too as investors see this as the time of diving blessings.

More Offers By Realtors

Real estate developers bring out their best offers at this time too. Gifts like accessories, furnishings, modular kitchens, gadgets and additional booking benefits are offered at this time. With several great offers like these, people are drawn towards booking homes. Thus demand real estate rises.

Banker’s Favourite Time

Not only real estate developers but bankers and financiers too are there to offer support to homeowners during this period. With great offers, flexible EMI and even reduced rates of interest; this time is a great cash-in period for bankers too! It is no wonder that Diwali impacts real estate in an optimistic way! From reduced down payments to unbelievable cashback, you can reap the complete benefits of buying a home during Diwali.

More options for buyers

That said, from the customer standpoint, this is just the time when several new projects begin and bookings are initiated. This way, it’s a buyer’s market and one can consider booking a home from several options available in the market.
At NK Anantaya, we invite you to come and witness 3 BHK & 4 BHK luxury homes in the midst of Ahmedabad’s Vasna area. With several benefits on offer, don’t miss the opportunity to book the home of your dreams within the city!