Introduction
For all those looking out to invest in reality, this festive season you have a chance to look at over 100 new projects across various cities in India. With the changed government and positive sentiments, developers want to make the most of what they lost out in last two Diwali/Dusshera seasons this team and all those looking to buy will have lots of options, discounts and freebies coming your way.
Builders like Godrej, Purvankara, Salarpuria, Lodha, Ajnara etc have launched new projects in various micro markets. Here’s a quick look at some new launches which might be of interest:
1. Delhi/NCR
Mahindra has come up with its project Mahindra Lifestyle Luminare and Godrej with Godrej Aria in Gurgaon region. With prices between 90 L t 7 cr, these projects offer a great opportunity for people to enter at every level.
In Noida Ajnara Belvedre is coming up and with a price range of 55 L to 1 Cr, it’s a great investment project
2. Mumbai
Lodha’s new 55-storey tower, in the ongoing New Cuffe Parade project in the eastern suburbs of Wadala in Mumbai. It has reportedly been offered at a pre-launch price of close to R17,500 per sq ft, about R1,000-1,500 below the current rate. The apartments, available in 2, 2.5 and 3 BHK configurations, have been designed by celebrity British designer Kelly Hoppen.
3. Pune
Rohan group comes up with Abhilasha between 22 to 59 L for people wanting to buy property in Pune. You also have projects like Mantri Vantage and Godrej Prana which are the upcoming projects in the region.
4. Bangalore
City is buzzing with new launches with Nitesh Virgin Island, Salarpuria Cadenza, Prestige Gulmohar, Provident The Tree. All of them yet launch around festive season.
Seems like a booming equity market and steps taken by government to attract investments should have a great impact on residential sales in the festive season and both consumers and builders have nothing to complain about the same.
Read more: Impact of Consolidation in Indian Real Estate Markets
