Compare developer's price with resale rate to ensure authenticity
Business Standard|October 30, 2024
During the festive season, which lasts from October to December, the feel-good atmosphere often encourages potential homebuyers to take the plunge. Developers make attractive offers during this period to nudge the fence-sitters.
SANJAY KUMAR SINGH & KARTHIK JEROME

What's being offered?

A variety of incentives are being offered this year. The simplest is the direct discount on property prices. "When one visits a site, developers are ready to offer nominal discounts of ₹100-200 per sq. ft. on the base price," says Santhosh Kumar, vice chairman, ANAROCK Group.

Some developers are offering flexible payment plans, subvention schemes, Goods and Services Tax (GST) waiver, stamp duty and registration fee waiver (full or partial), floor rise charge waiver, free car parking, and so on. Some are offering home automation systems, modular kitchens, white goods (like air conditioners), and home furnishings for free. Freebies like gold coins, iPhones, and overseas vacations are other enticements.

Better than last year

Diese Geschichte stammt aus der October 30, 2024-Ausgabe von Business Standard.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

Diese Geschichte stammt aus der October 30, 2024-Ausgabe von Business Standard.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

WEITERE ARTIKEL AUS BUSINESS STANDARDAlle anzeigen
Centre readies plan to sell up to 20% in 5 PSBs
Business Standard

Centre readies plan to sell up to 20% in 5 PSBs

Govt may consider both OFS and QIP routes for diluting its stake

time-read
2 Minuten  |
February 26, 2025
RBI Frees Up Bank Capital With NBFC Risk Weight Rollback
Business Standard

RBI Frees Up Bank Capital With NBFC Risk Weight Rollback

With bank loan growth slowing over the past year, the Reserve Bank of India (RBI) has decided to reverse its decision to increase the risk weight of bank loans to non-banking financial companies (NBFCs), which will result in a substantial release of capital for banks.

time-read
2 Minuten  |
February 26, 2025
Delhi lost ₹2K cr due to liquor policy: CAG
Business Standard

Delhi lost ₹2K cr due to liquor policy: CAG

A Comptroller and Auditor General (CAG) report, tabled in the Delhi Assembly on Tuesday, has faulted the excise policy introduced by the previous Aam Aadmi Party (AAP) government in 2021 to have caused cumulative losses worth over ₹2,000 crore to the Delhi government.

time-read
1 min  |
February 26, 2025
Capex slows in FY25 but key infra, power players set to benefit
Business Standard

Capex slows in FY25 but key infra, power players set to benefit

Post-election capital expenditure (capex) has been weak at 2 per cent year-on-year (Y-o-Y) in M9FY25.

time-read
3 Minuten  |
February 26, 2025
Business Standard

Nifty nears 2nd-worst losing streak in 30 yrs

Amid the fall, one in every five Nifty stock is more than 28% down over the past five months

time-read
2 Minuten  |
February 26, 2025
Business Standard

Ericsson to help Airtel shift to 5G standalone

Ericsson will be supplying key 5G equipment to telecom operator Bharti Airtel for seamless transition to a commercially live, full-scale 5G Standalone (SA) network over time, the Swedish telecom gear maker said on Tuesday.

time-read
1 min  |
February 26, 2025
Business Standard

Road to Decentralisation

Rural local bodies need to be strengthened

time-read
2 Minuten  |
February 26, 2025
Business Standard

Bitcoin slides below $90K as crypto selloff gathers steam

The Fall

time-read
1 min  |
February 26, 2025
Business Standard

Sebi slaps ₹5 cr fine on ICCL for audit, cybersecurity lapses

The Securities and Exchange Board of India (Sebi) on Tuesday imposed a ₹5.05 crore penalty on Indian Clearing Corporation Ltd (ICCL), a wholly owned BSE subsidiary, for failing to comply with cybersecurity and system audit norms.

time-read
1 min  |
February 26, 2025
Business Standard

Microfinance loan book shrinks 3.5% to ₹3.85 trillion in Dec qtr

The gross loan portfolio in the microfinance segment shrunk by 3.5 percent year-on-year (Y-o-Y) to ₹3.85 trillion during the third quarter of financial year 2025 (Q3FY25) as the period was marked by curtailed funding and strict credit underwriting.

time-read
1 min  |
February 26, 2025