moneycontrol.com-Diwali set to light up real estate sales; inquiries up by 15-20%: Developers
Real estate companies expect a surge in sales this Diwali, as developers and experts note a 15-20 percent rise in property inquiries and transactions during the ongoing festive season.
Experts said attractive interest rates on home loans and the cultural inclination to make significant investments such as buying real estate during Diwali are adding to the sales glitter.
G Hari Babu, national president of the National Real Estate Developers Council (NAREDCO) said that stabilising interest rates and favourable conditions are encouraging homebuyers to make their long-awaited decisions about property purchases.
