Why Monsoon is one of the most awaited seasons in India?
The rain brings a freshness amid the scorching heat of summers, thereby making it pleasant all around. However, the pleasantness is not just for the environment. If we look at it from the point of view of real estate buyers, it’s a season of rain gains there as well. The Real Estate market is subject to a lot of fluctuations around the year. Monsoons make it all the more alluring as the market sees a lot of variations during this season.
It has often been observed that people who purchase or shift to new 4 BHK Flats or commercial spaces seem to have a changed viewpoint after a few months as the monsoon arrives. It usually happens because of the difference that they find in the property after the rain hits. It is considered that a strong building can resist all external forces & it’s during the monsoon, that the true test is done for the property. On the same note, we can say that monsoon is one of the best times to invest in Real estate property due to the following reasons.
Test for Quality
The material used during the construction, which forms the base of the property is one of the determining factors for checking the quality of the building. During monsoon, buildings or spaces tend to absorb moisture and have dampness due to the humid effect. There might also be some leakages or dripping due to the poor construction quality & parameters. If a property looks amazing to you & has your heart for making it your dream home, wait for monsoons to have a real understanding of the space. If it can withhold the monsoon effect, it surely has been supremely built & can be definitely considered for purchase.
The monsoon season brings a lot of festivity in continuation after it. With the beginning of rains, it takes us to a celebration for various festivals which are considered as an auspicious time to move to a new home. Thereby, the monsoons make it one of the best seasons to invest in Residential property or Commercial property. You might also get the time to settle down with additional requirements for creating a comfortable space and then can finally move in at the auspicious time.
Most of the banks, home loan companies, and NBFCs follow a monsoon offer strategy during this time. The rate of interest usually is lowered during this time. This gives an advantage to the property buyers to invest during this time & make the best use of cheaper loans.
Since monsoon gives a lot of uncertainty due to changing weather to sellers, it makes room for easy negotiations. In some cases, the sellers might want to just move on to the next projects starting immediately after monsoons. Since they are already working on newer projects, they might want to close on the existing ones. Monsoon is followed by festivity & hence, making the sellers more focused on fresh projects. All this can add up to easy negotiations & add to the advantage of buying the property.
If you are planning to purchase a residential or commercial property in Ahmedabad, start your research a bit early. This monsoon season, make the best use of the pleasant weather & discover your dream space with us. Exclusive offers, best deals along with premium quality construction will help you choose a future home that awaits you! The spaces have the best combination of modern luxury & ethnicity to match your tastes. This monsoon, makes space for relaxing tea with snacks on your balcony!
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