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When do people buy the properties in India? by kamal bhatt





Article Author Biography
When do people buy the properties in India? by
Article Posted: 10/07/2012
Article Views: 119
Articles Written: 145
Word Count: 490
Article Votes: 2
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When do people buy the properties in India?


 
Business,Investment,Real Estate
It might sound interesting but it is a fact that almost all the countries and cultures have their own set of auspicious and inauspicious days, their own set of beliefs about when the good things shall be done and when these shall be avoided. There may or may not be any sound rationale behind these notions but these are followed by the people, notwithstanding the deviations from these which also happen. Whether you go for buying a car or a home or for doing any other work which is good, you just have a look at the day and the time in order to determine when the assets shall be bought.

If there are some noticeable trends in the purchase behavior of the people, then there is a tendency for the prices of the commodities to vary accordingly. The seasons which are likely to see more buying make the commodities dearer and vice versa. In the case of properties, the prices do not fluctuate in matters of days and, due to its very nature, the real estate prices are largely undeterred from these seasonal influences. It is the other factors which have gereater impact on the prices of the real estate.

So, what are the times when the people are expected to buy more? There are many such auspicious occasions, which are governed largely by the religious beliefs and mythologies of the people. So, these days would be different for people for different religions. Festivals, birthdays, dates associated with something auspicious happening in the past, time of marriages and other such occasions see high demand of assets. Festival of Diwali, Navratras, Holi, Id, Guruparv, etc and the winter season of marriage are some examples of these times when the demand is expected to be higher for the assets such as cars, gold, homes, etc.

However, the high demand in property can also be due to altogether different reasons such as the developments at the stock markets or other economic reasons which affect the demand-supply parameters. Stock-market behaviour which releases more money out of the system due to a gloomy outlook of the markets, might see increased investments in the real-estate, which will increase the demand of projects such as BPTP Resort. Similarly, if the markets are presenting a good opportunity to make the investments, then the real-estate investments might see early liquidation and the prices might fall. The later scenario happens rarely since the investments in properties are held for a longer time.

So, though there are some times which are perceived to be more auspicious than the others, there is no demand reduction in the lean times provided there is money for investment and good deals on offer to take in an area which holds promise of rate appreciation in future.

Kamal bhatt is a writer who frequently writes about neharpaar property like :- Bptp resort, Bptp resort faridabad & Bptp resort price list .

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