Second Chance!

May 2025

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For decades, investing in real estate in the beginning of the financial year has been an effective way of building wealth and securing a financial future. It is a unique investment option that offers the potential for long-term capital appreciation, passive income through rent, and tax benefits.

It is also a great hedge against inflation. With the new financial year having just kicked off, it is time to set your financial goals for the upcoming year, reassess your risk tolerance, understand any changes to the tax regime, look at the diversification aspect of your investment portfolio, and invest accordingly.

So, if you have missed the opportunity of Gudi Padwa then there is a second chance in the form of Akshay Tritya which is just around the corner. For many families, buying a home on Akshaya Tritiya is a tradition that has been passed on through generations. It can provide a sense of continuity and connection with one’s cultural and familial roots.

In the new financial year, many lending institutions have renewed their annual budgets and are looking for borrowers to offer loans to. Hence, it can be a good time to get a home loan at favourable rates and terms.

Same goes with real estate groups, at the turn of the financial year, markets are favourable for real estate investments. Traditionally, this is a time when the prices are not peaking and buyers have options to choose from. But make sure that you research the market and talk to a professional to assess market conditions before making the purchase.

Also every real estate group will look to have a good start to their yearly targets so they tend to offer good discounts or gifts to attract buyers. Offers like low or no stamp duty, gold coin on booking, or upfront discounts are quite common during Akshay Tritiya. Also many developers offer flexible payment plans, such as no-interest EMIs or low down payment schemes. This reduces the loan on home buyers and helps them plan their finances better.

One more lucrative reason for buying a home on Akshay Tritya is this time is at the beginning of the financial year so we can avail plenty of tax benefits such as deductions on home loan interest, deductions on principal repayment, deductions on registration fee and stamp duty, and deductions on property tax. This helps to save and invest better.

~ Mr.Nikhil Ballal

Source: Thane Realty News

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