Gudi Padwa in times of Coronavirus

Gudi Padwa is a festival that is considered a very auspicious day that brings new hopes to every body’s life. Crucial decisions and investments have been made on this day traditionally. From starting a business, purchasing a car or a house to jewelry because most people believe in luck and prosperity.

In these hard times, where a pandemic has hit the world, we should stand firm as a nation and fight the deadly virus. Staying home, self-quarantine, and celebrate with the festival with your family.

Gudi Padwa is a period of festivals across all communities. It coincides with Punjab’s Baisakhi, Andhra Pradesh’s Yugadi, Sindhi Cheti Chand, Tamil Nadu’s Puthandu, and Kerala’s Vishu. Property buying, in particular, involves a considerable investment.

Sentiments play a vital role in one’s home buying decision, besides affordability and market conditions. The developers have always had a lot of confidence in the Gudi Padwa period, and they go all out to attract buyers with special discounts and offers. They have been having a lot of inquiries and sales from prospective home buyers during this period. Therefore, developers launch new projects during Gudi Padwa. The Pune property market has always looked forward to brighter days around this auspicious festival.

The year 2020 did not start on a good note with the onset of coronavirus. The virus will bring a slow and steep curve for real estate. The government has proposed various reforms and tax benefits to the ultimate buyer. Property prices have not fluctuated over the last few quarters with home loan interest at an all-time is low. The market conditions may not be favorable at this time due to the pandemic, however, the choice of apartments available in the market is great.

The developers are looking at catering to more potential buyers, along with building inexpensive and reasonable homes for all. It also indicates that the market is drifting towards a positive change. Though most of the customers today are into wait and watch mode, the sentiment on such auspicious occasions like Gudi Padwa is always high.

The property analysts maintain that traditions still prevail in our society, and buyers, both young and old, are influenced by a traditional festival like Gudi Padwa. Those who had made up their minds will look forward to buying their dream home on Gudi Padwa. Analysts are pinning their hopes on affordable housing, which is seeing growth within the residential real estate category.

During Gudi Padwa, developers will give remunerative offers and easy payment plans, especially with banks and financial institutions offering lower interest to drive in sales.

Therefore, buyers should take advantage of the current market sentiments and buy their home now.

Keeping this auspicious occasion in mind and the positive indicators Supreme Group is also launching two prestigious projects ‘Supreme Estia’ and ‘Supreme Amadore. ‘ They are located in picturesque settings of Baner, the magnificent and lavish expanses offering immensity in everything- abundant nature with views, and luxury lifestyle, ultra-modern amenities, and excellent connectivity.

While Supreme Amadore will have lavish 3 and 4 BHK apartments, Supreme Estia will have well planned 2 and 3 BHK apartments. They are thoughtfully conceived, elegant, spacious, and offer the luxury of convenience and practical functionality. So this Gudi Padwa takes your pick from the best in Baner – Supreme Estia’ and ‘Supreme Amadore.