Planning to buy a Home this festival Season?

Bangalore: During the festival season most families’ plans to buy new things such as clothes, Home, jewelry, vehicle, and many others, real-estate investment tops the list.  With the host of number of options these days; buying a right home in a right place from a right builder is the biggest triumph, for every buyer as many apple polishing offers pushes back from making the right option, mainly in festival season. While planning to buy a home in this festival season, here are few factors to consider being prudent from festive marketing tricks.

Contemplate the offers and freebies:

To lure the home buyers’ attention, many real estate developers offer freebies and discounts such as free gold coins, family vacation flight tickets and iPhone on booking. The individuals who plan to buy a home will be overwhelmed by such offers and freebies which are offered by builders to beat other builder.

If buyers have clear ideas about those freebies and offer what developers offering then there will be no annihilation with it. In order to keep hold of potential buyers, some developers also offer discounts equivalent to freebie and some others proffer direct discount offers ranging 5-10 percent on the actual price of home and free registration.

If the offer includes in buyers agenda, then it could save money. Consider the budget plan and proprieties before picking the best suitable offer.

Compare Prices Festival Vs Non festival period:

The individuals who plan to buy a home should select the right property in terms of locality and type, and then would prefer not to make such a decisive investment at the quirk of an offer. Be aware that some builders raise property prices during festival season to shower multiple offers and discounts.

While buying a home all should compare the prices during the festival season and non festival season to know the beneficiary part. If the beneficiary part is too less, explore yourself and choose the ideal choice.

Check out the Pre-EMI offer:

During the festival period, many builders introduce Pre-EMI schemes where home buyers don’t have to pay EMIs until completion of the project. After the completion of a project, the loan repayment comes into the play.

Under the scheme the buyer should have to pay some rate of the actual home price as a down payment at the time of registration where the rest of the payment will be paid during possession.

This is an advantageous scheme for every individual who plan to buy a home in festival season and it is also an encouragement for the developer to complete the project within the time frame.

Keep all the mandatory documents and credit payments clear, to make sure to obtain a home loan. Due to the rising competition, the interest rates of few banks have already come down and expected to reduce a notch during festival season. While buying every home buyer should consider all the priorities in terms of area, type and budget without any confusion and make a safe investment.