‘Gudi Padwa 2023 expected to boost home buying in Thane’

Thane is a culturally rich city, and among the traditional beliefs Thanekars hold true is the one about Gudi Padwa being ideal for new beginnings – especially as it is the day we celebrate the New Year in Maharashtra. Gudi Padwa is celebrated with great enthusiasm in Thane, the auspicious day brings multiple opportunities for Thanekars to select their dream home – and make it a reality.

What can the home seeker Thaneite expect from Gudi Padwa this year?
To begin with, enhanced home buying sentiment should be reflected in the quantum of sales and new launches. CREDAI MCHI Thane President Jitendra Mehta points out that the real estate expo, PROPERTY 2023-Thane, has resulted in data of 27,000 families who, having visited the Expo, showed interest in buying a home in Thane. “A majority of these have completed site visits, so we expect around 1,500 homes to be booked during the sentiment accompanying Gudi Padwa,” he says.

Thane Real Estate Agents Association President Lawrence Shetty echoes the sentiment. “Over the years, we have seen the trend of buying a house in the festive fervour seen during Gudi Padwa. Real estate developers offer schemes that include ready-to-move-in apartments, booking offers, flexible payment schemes, etc. The developers also offer sweeteners to market their properties and get maximum leads, which get converted into actual home buying in the coming weeks,” he adds.

Property is a solid asset class on various parameters. For the home buyer, the safety factor of buying one’s own home is beyond compare. For the investor, it reflects a safe and secure option that provides rental income and capital appreciation. It is a win-win for both the buyer and the investor. “Thaneites should take advantage of the positive sentiment this Gudi Padwa and buy property – it will be the best decision to have made,” says real estate developer Bharat Malik.

Gudi Padwa is a festival that offers homebuyers happiness, along with fantastic offers and discounts. I hope Thaneites will buy property on this day, as it is an auspicious day,” concludes Bharat Malik.