Builders Expect Sales To Grow By Three To Four Times This Festive Season businessworld.in
Real Estate developers are avoiding festival offers this season because of high demand and quick sale of projects. During COVID and the slowdown in the real estate period when there was an oversupply of inventories, builders used to give various incentives like free registration, TVs, ACs, cars and even foreign trips for booking/buying flats. The situation has changed now, recently Godrej properties sold its Gurugram project "Gold Zenith" having 1050 flats worth Rs 3000 crore in just 3 days. Similarly, In January 2014, DLF sold its 1,113 luxury apartments in Gurugram worth Rs 7200 crore within 3 days of its pre-launch offer.
