Festive Season Brings Real Savings

Policy reforms, lower loan rates, and innovative developer offers are delivering real savings and added value, strengthening confidence among first-time buyers and investors across all market segments.

- By Kausar Firdausi

Festivals in India have long been synonymous with big-ticket purchases, and real estate is no exception. This year, homebuyers are not only guided by cultural auspiciousness but also buoyed by policy reforms, lower loan rates, and innovative developer schemes that translate into real savings and added value.

Policy Support Meets Festive Optimism

Recent tax reforms have come at just the right time. The GST Council's decision to rationalise slabs on key construction materials has eased input costs for developers. "This festive season is likely to witness a good sales momentum, fuelled by a combination of recent GST reforms and innovative developer offerings," says Anshuman Magazine, chairman & CEO - India, South-East Asia, Middle East & Africa, CBRE.