Get the Tata Capital App to apply for Loans & manage your account. Download Now

Blogs SUPPORT
Loans For You
Loans for Business
Investment
Insurance
Apply

Quick Links for loans

Quick Links for Insurance

Investment

Offers Quick Pay
Back

Equipment Finance

Avail Digital Equipment Loans
up to Rs. 1 Crore

  • Attractive ROIs
  • Customizable Loan tenure
Know More
Back

Equipment Leasing

Avail Leasing solutions
for all asset classes

  • Up to 100% financing
  • No additional collateral required
Know More
Back

New Commercial Vehicle Financing

  • First time user
  • Retail and strategic Clients
Know More
Back

Used Commercial Vehicle finance

  • Repurchase
  • Refinance
  • Top up
  • Balance Transfer
Know More
Menu  
 
Apply Now

Tata Capital > Blog > Loan for Home > Why Is Diwali the Best Time to Buy Property?

Loan for Home

Why Is Diwali the Best Time to Buy Property?

Why Is Diwali the Best Time to Buy Property?

It is no secret that the festival of Diwali has an enormous significance in our culture. Not only is it an opportunity to meet and exchange gifts with our loved ones but it is also the best time to buy property. Believe it or not, several buyers wait for this auspicious period all year to purchase new beginnings in the face of a new home. But that’s not it! Apart from nourishing a religious sentiment, there are various other reasons behind buying property during festive season.

Additional Read: Planning to Buy New House this Festive Season? Top things you must know

Diwali 2020: Why Is It a Good Time to Buy a House?

Whether you wish to buy your dream abode or invest your savings in acquiring property to rent out, here is why you should do it during Diwali.

Abundant availability of new properties

One big reason Diwali is the best time to buy property is that builders launch new projects during this time across the country. As most people in the real estate sector consider it an auspicious time, sellers put new properties up for sale. All of this offers ample opportunities for prospective homebuyers.

Attractive offers

As Diwali is the biggest festival of the year, the housing market puts out the best bargain deals and offers at this time. While buying property, one always wishes to get the best offers and sellers choose this occasion to lure buyers with the same. Therefore, prospects looking out for good deals can wait till this auspicious time to explore their options and find the most attractive Diwali offers on property.

Low rates of interest

Prospective homeowners who are counting on housing finance can revel in joy around Diwali as various lenders slash their home loan interest rates. Many real estate and finance gurus suggest taking a home loan around this time because of the many festive offers on the market.

Flexible repayments

While taking any loan, a buyer is mostly apprehensive about the repayment. Therefore, borrowing a home loan during the festive season can take away some of your stress as lenders offer flexible repayment options. Diwali is an attractive time for most industries, and the real estate market and loan lenders make the best of it too. But, before applying for housing finance, you can use a home loan EMI calculator to calculate your EMI amount. Doing so will help you estimate the affordability of your future loan.

Additional Read: 5 Useful Tips to Get a Perfect Home Loan Deal This Diwali!

Need Help with Your Home Loan?

Tata Capital offers attractive home loan interest rates to help you become a proud homeowner. We make the process easier by providing flexible repayment tenures along with lower EMIs that increase along with your income.

At Tata Capital, we understand that every buyer has different housing needs and therefore, we offer home loan solutions that are tailored to fit customized requirements. So, if you are looking forward to the festive season to take the next step in buying your dream abode, contact us today to turn your dreams into reality.

Say Hello to Your New Home with Our Easy Home Loans!

Apply now
Popular Searches
anyror modt charges 712 utara online gujarat pre emi calculator earnest money deposit Goa Land Record earnest money khasra number meebhoomi Assam Land Record
Disclaimer

Most Viewed Blogs

Trending Blogs

Calculator

Personal Loan EMI Calculator

Personal Loan EMI Calculator
Home Loan EMI Calculator

Home Loan EMI Calculator
Business Loan EMI Calculator

Business Loan EMI Calculator
Used Car Loan EMI Calculator

Used Car Loan EMI Calculator
Two Wheeler Loan EMI Calculator

Two Wheeler Loan EMI Calculator
Loan Against Securities Calculator

Loan Against Securities Calculator
Loan Against Property Calculator

Loan Against Property Calculator
More Tools
Our Subsidiaries
Our Other Websites

Useful Links and Resources

Most Important Terms & Conditions - Home Loans

Download in your preferred language

Download

Policies, Codes & Other Documents

Most Important Terms & Conditions - Home Loans

Download in your preferred language

Download

Tata Capital Solutions & Services

Uh oh, something went wrong

Please try again later.