Winter is coming: Should you really buy a house now in Noida?
The winter is marked
by a foggy environment, a freezing atmosphere, and the temperature drops below
0 degrees Celsius. With the fall in the temperature, the market follows the
same trajectory too. Every sector experiences the same fate and the real estate
market is not an exception. However, does it make sense to follow the trend of
the market?
The simple answer
is, no. In fact, winter is the best time to invest in real estate. In this
article, we will go through the benefits of purchasing a house now in Noida’s
cold winter –
- Affordable pricing
It is the basic economic principle that if the demand and supply are low the prices are guaranteed to rise. And this truly gives the example that during the summer and spring seasons, there is a hoard of buyers, the competition rises and so do the prices. The party with the highest purchasing power will buy the property by offering more money.
Therefore, it is a smart move to buy during the off seasons when the
competition is at the lower end so you can buy your favorite property at the
price you like. You can buy from the best builders in Noida at the best
price.
- Buyers can negotiate the prices of the
property
In places like Noida, the prices can be rigid given the rising demand
for real estate. However, during winter the demand is at its low. Sellers in
order to maintain regular cash flow will agree to sell the properties at a
lower price. Hence, the buyer can play on the front foot and have an edge over
the deal
- Financial boost
If you a part of the white-collar workforce, then you know that you will
soon be receiving y
bonuses at the end of the year. With the additional money in your pocket, it allows you to purchase real estate without assistance from the banks. You can upgrade to 2 BHK flats in Noida extension, which is considered a posh location.
- Faster closing procedure
The legal process can take a substantial amount of time. This is largely due to the high burden on the agent given the large amount of work they do. During winter, the weight of the work is elevated and therefore they can fast-track the process, and deliver your dream home in a shorter amount of time.
- Better deals with lucrative offers
during holiday seasons
Winter is the time of major holidays like Diwali, Christmas, and the New Year. The best builders in Noida often bundle several packages and provide lucrative deals and offers to attract buyers. All you need to do is wait for the opportunity and grab the best deals.
Key takeaway points
If you are seeking a great property deal in the Noida region, then now
is the perfect time. The price is at its lowest during these months. Top builders
like Paramount groups offer additional financial assistance and schemes so that
you can close the deal before the high tide. Paramount Groups are into
the construction of a variety of properties including 3 BHK and 2 BHK flats
in Noida extension
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