Buying a house? Don't let offers sway your decision

Dharmvir Singh, an IT professional, is planning to upgrade to a bigger house at a better location. With most developers already out with their annual festive offers, he can easily settle for one of the most suitable deals. "I have been getting calls from them now offering discounts and schemes so that I make a decision soon," said Singh. Though some of the offers sound good, Singh wants to take his time to find a house that is just right for him. Singh booked a two-bedroom apartment in Greater Noida West (earlier known as Noida Extension) in 2013 while it was under construction and got its possession recently. However, the 34-year-old, who works in Vasant Vihar and lives with his wife and child in Vaishali, Ghaziabad, can't think of moving into the house as it's far from his workplace, is too small for his needs and has poor connectivity. "I want to sell this apartment and buy a bigger house, which should also be closer to my office," said Singh, who expects his mother to shift with him in a year or two. Every year, around Diwali, developers come up with offers and schemes to attract buyers, in the hope of giving a leg up to the slow sales that the real estate industry is reeling under over the past few years. "We are optimistic that this season will improve the sentiment and bring back fence sitters in the market," said Surendra Hiranandani, CMD, House of Hiranandani. Deals on projects under construction Discounts and tax waivers: As per Magicbricks.com, a real estate portal, Dimple's Group, a Mumbai-based develo

This article was originally published on October 09, 2018.