Real-estate market on steady ground

For Rohit Gera,managing director of Gera Developments,buyers fixing appointments on Gudi Padwa to hand over the booking amount was no surprise. However,what did come as a surprise was the number of fresh enquiries.

“Typically,people plan before hand and come to hand over cheques for bookings on Gudi Padwa. But this time around,there were a lot of enquiries and many checked out sites,” he said.

Om Developers that has just launched a project in Ambe Gaon also saw a steady flow of possible investors.

“We have already booked 15 per cent of flats in a 11-storey building. And on Thursday,as many as 100 customers visited the site,” said Atul Mahashabde,director,Om Developers.

Some realtors,however,spotted a change in trend. Anuj Bhandari,director of B U Bhandari Landmarks,said there is a shift in sentiments of people. “Gudi Padwa is definitely an auspicious day for any new buy but many people now don’t see the logic in waiting for a specific day. Compared to last year,the market is slightly slow and there is a slight drop in the number of inquiries. Yet,those seriously considering to buy property are still visiting us,” he added.