Property Investment: Why do people take interest in buying property during the festive season, know the reason from experts

In the festive season of 2023, property investments in India are on the rise, driven by increased demand for real estate. The population growth and shifting lifestyles contribute to the surge in demand for homes, with people prioritizing larger houses and better facilities. Experts suggest that the festive season is an opportune time for real estate investments, as developers announce new projects and offer attractive deals. Tax incentives, such as interest on home loans and deductions, make real estate investment financially advantageous. Additionally, regulatory changes like the Real Estate Regulation and Development Act (RERA) and GST have increased transparency, making real estate a safer investment. Developers also provide incentives such as gold, fully furnished kitchens, and cars to attract buyers during this period.

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