STOCKWATCH

Festive season boosts home buying sentiment in Bengaluru's real estate market

The festive season in Bengaluru has seen a significant increase in home buying, driven by positive buyer sentiment and auspicious beliefs. The residential real estate market witnessed a spike in home buying during the festive season, with housing demand rising by nearly 6% between October and November 2021. This period is considered auspicious for making important life choices, particularly in real estate. Flexible payment plans, upfront discounts, and modern amenities are some of the incentives driving this trend. Ready-to-move-in flats in new and well-connected micro-markets are particularly in demand.

• Home buying sentiment sees a boost during Bengaluru's festive season
• Housing demand rises by nearly 6% between October and November 2021
• Flexible payment plans and upfront discounts drive conversions
• Ready-to-move-in flats in new micro-markets are in high demand
• Modern amenities and robust community living ecosystems attract buyers