Diwali is one of the most awaited and wanted festivals in India. It marks the return of Lord Rama from an exile of 14 years to Ayodhya with Goddess Sita and his brother Lakshmana. They return victorious after defeating the mighty evil incarnation of Ravana. The time is celebrated by burning extra lamps and lights all over India. This symbolizes the victory of light over darkness. It signifies that the good will always triumph over the evil no matter what. It is also the time when people would clean their houses thoroughly; buy new clothes, electronics, houses, cars, or anything big or expensive that they would want to buy. Diwali is a very good opportunity for any business to boom and make its mark in the market. It is equivalent to a springboard of success and it can be used to make sure that the customers are attracted to you and make the most of the opportunity. Real estate is one such business sector, which usually sees a boost in the sales and the bookings at the time of Diwali. One often finds that there are plenty of offers and promotions to buy a house. Let us have a look at why one should consider buying houses in construction at Diwali:-
- Pious occasion: – the occasion and the time is very pious and auspicious to buy or do anything new. Diwali symbolizes the return of the righteous king and signifies the victory of good. Buying something new or starting a new journey at this time would surely result in something very pious and good. Therefore, one should definitely consider buying an under construction flat or a fully constructed flat at this time. It would kick-start the new journey at a very positive and happy note!
- Year-end: – the Diwali festival falls in either October or November. This means that the year is coming to the end and there is hardly any time remaining for the New Year to come. Therefore, it would be a smart decision to buy a new house at this time, move in the new house in the New Year, and make sure that one starts the New Year in the new house! Buying in advance would also make sure that the house is as per their needs when one wants to move in!
- Tax benefit: – one can state the purchase of property as a major expense in the balance sheet and make sure that one gets exemption from paying income tax. Of course, the remaining income and the property tax are to be paid but one saves a hefty amount as he or she invests in the house. Additionally, the property is said to be depreciated on paper whereas in the real world it never depreciates but only appreciates.
- Festive offers: – the dealers and the estate agencies offer some great offers to the buyers. The sellers put out such lucrative and exciting offers that the wish of buying a new house seems to get true and there is no stop to their happiness. One finds the festival to be the perfect win-win situation where one can find their perfect house at the perfect price and the seller is happy with the sales. No wonder that there is a significant rise in sale of property in Bangalore at festive time!
Thus, these are the reasons as to why one must consider buying their new house or a house under construction at Diwali and make sure that the Goddess Laxmi resides in your mansion!