The 9 days of Navratris in the Hindu calendar year are much awaited as the sentiments are riding high in the market and people, due to their spiritual and positive beliefs are eager to invest in the real estate sector. Even the developers in the sector try out their best to offer most lucrative deals to the public so as to generate highest sales in these 9 days. The realty sector’s objective for this time period is not only to gather sales, but to offer possession of their units as well, as customers find this time of the calendar as the most auspicious time for not only buying a property, but settling into the purchased units. Thus, this season every year in Indian realty sector is full of joy and enthusiasm as not only great numbers are recorded in sales but equally good for possession of units.
Feeling over-joyed with their performance during the 9 Navratri days, Mr. Mukesh Khurana, MD, Rudra Buildwell said “Few important decisions by the government this year just prior to the festive season has created a great wave of positive sentiments floating in the market due to which the response has been far better. The clearance to land dispute in Greater Noida West and NGT verdict in Noida, added with recent RBI repo rate cut has allowed this sector to gain from what was otherwise lost. This Navratris, we managed to book over 300 percent extra than usual numbers in 9 day period which is pretty good considering the gradual revival in the sector”.