Realtors attract buyers with goodies, as loans get expensive
Amid rising home loan interest rates, housing developers are offering a multitude of gifts, from gold coins, diamonds, iPhones to flexible payment terms to attract homebuyers. Companies are trying to woo their prospective homebuyers with various sops, as many people consider buying a home auspicious during the period of festivity.
Experts say three factors primarily influence people to buy properties during the festival seasons -- festivals are considered auspicious time to invest in something, new construction projects launched during this time, and real estate developers come up with interesting offers and schemes to attract buyers to their projects.
