Positive impactSector
Planning to buy your dream home this Diwali? Experts explain why festive season can be good time for first-time buyers
Mint 1 hr ago·4 Nov 2026, 8:00 am
The festive season, particularly around Diwali, is traditionally a peak time for real estate activity in India. Many developers and financial institutions offer attractive schemes, such as lower interest rates on home loans or special discounts on property prices, to boost sales during this period. This increased market activity can create more options for buyers and potentially better negotiation power.
For first-time buyers, this period offers a chance to secure a property at a potentially lower cost. However, experts advise that while festive offers are beneficial, they should not be the sole deciding factor. The primary focus must remain on long-term affordability, ensuring that the monthly EMIs do not strain finances. It is crucial to thoroughly evaluate the property's location, the quality of construction, and its suitability for future needs before making a commitment.
Investors and prospective homeowners should exercise caution and avoid making impulsive decisions. Conducting a thorough background check on the developer's reputation and verifying legal documents are essential steps. Ultimately, the goal is to find a home that fits within the budget and serves the buyer's requirements, rather than simply chasing a festive discount.
Excerpt from Mint
While Diwali festive offers may help reduce upfront costs, you should prioritise affordability, location, construction quality and long-term needs. Here's what experts advise for first-time homebuyers… Dhanteras and Diwali are considered auspicious occasions for big ticket purchases and with Diwali set to be…Read the original at Mint
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