Real estate market gears up for Gudi Padwa 2024 Housing.com
Gudi Padwa, the first day of the New Year, is one of the most important and widely celebrated festivals in Maharashtra. This festival, which falls on April 9, 2024, is celebrated as Ugadi, Yugadi, Cheti Chand, Samvatsar Padvo, etc., in Karnataka, Andhra Pradesh, Telangana and Goa. Why is Gudi Padwa important for the real estate segment? As it is an auspicious day that symbolises new beginnings, experts traditionally see a positive upswing in India’s real estate market. According to Anshuman Magazine, chairman & CEO – India, South-East Asia, Middle East & Africa, CBRE, “This phenomenon reflects a confluence of cultural beliefs and auspicious timing.