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India’s festive season, particularly Navratri and Diwali, traditionally boosts home sales by up to 30%. This year, the period is further fueled by RBI rate cuts and GST reforms, lowering taxes and making home loans more accessible. Developers are adding incentives like vouchers to attract buyers. Experts see real estate as a stable, long-term investment. For Indian expats, this period presents a favorable opportunity due to lower borrowing costs and streamlined processes, encouraging them to invest in Indian property. Overall, the combined effect of policy changes and developer offers creates a strong foundation for robust demand.
News summary provided by Gemini AI.
Festivals matter for Indian property
Traditionally, home sales in India rise by as much as 30% during Navratri and Diwali.
Indian property developers roll out their most aggressive deals, while banks and the Reserve Bank of India (RBI) align policy to ease borrowing. For NRIs remitting money from the UAE, this period often becomes the moment to act.
Lower taxes, cheaper home loans
Two policy shifts are fueling demand this year:
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The RBI’s cumulative 100 bps rate cut, which has made mortgages cheaper across Indian banks.
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GST reforms implemented at the start of Navratri, streamlining processes and cutting costs for buyers.
“Developments such as the RBI’s rate cut and the GST reforms have improved accessibility and boosted buyer confidence. Together, these factors have laid a solid foundation for robust demand.”
Developers raise stakes with offers
To capture festive buyers, Indian developers are layering on benefits:
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Similarly, Noida-based real estate developer Saya is sweetening its Gold Avenue project in Indirapuram with Croma vouchers worth up to ₹500,000. Managing Director Vikas Bhasin said: “The festive season is here — and this year it brings real savings for home buyers. GST cuts are improving affordability, and we are adding value with festive incentives.”
What this means for Indian expats
As Kapur put it, buyers increasingly see real estate as “a stable, long-term investment that enhances lifestyle while ensuring wealth creation.”
Justin is a personal finance author and seasoned business journalist with over a decade of experience. He makes it his mission to break down complex financial topics and make them clear, relatable, and relevant—helping everyday readers navigate today’s economy with confidence.
Before returning to his Middle Eastern roots, where he was born and raised, Justin worked as a Business Correspondent at Reuters, reporting on equities and economic trends across both the Middle East and Asia-Pacific regions.
