If you are contemplating buying your dream home, this is the right time to make the deal. Come Friday, developers will start offering a discount of 2-20% (which varies from builder to builder) for the festive period that will stretch upto Diwali. This will be over and above the freebies that are already being offered owing to the slowdown. Apart from discounts, customers can also expected surprise gifts and even gold coins.
While the SVP group is offering a 2% discount starting from navratras to continue until Diwali, the Eros group is giving a 21% discount if customers book in their projects on down payment. Raheja Developers has slashed the prices of its rates for its project in Manesar by Rs 100, bringing down the price from Rs 2,375 to Rs 2,275 per sq ft for the festive period.
Mapsko is not far behind. It is giving a 10% discount plus surprise gifts to all customers who book space in their residential and commercial projects in Sonepat. ?The surprise gifts range from consumer durables to upholstery and are a special offer only for the festive period that starts from navratras and goes uptil Diwali. Our policy is that nobody goes from our place empty-handed,? says Arindam Kumar Bardhan, general manager (sales and marketing) of Mapsko.
Apart from discounts, realty majors like TDI and Omaxe are giving gold coins to customers on booking space in some specific projects. Apart from this, TDI is also giving a 10% discount on the balance down payment of customers who might even have booked plots in TDI City, Kundli sometime back. ?Most builders feel that discounts help in increasing the sales figures of many projects by as much as 75-80%. ?In fact, we are hoping to close all our sales by December, hoping that most of the business will come in during the festive period,? said Bardhan.