Selling Property in India: When is the Best Time?
To sell a property in India is a back-breaking task. It needs a lot of research, time, and energy. But with sound guidance and help, the process can be simplified. But still, whenever we think of selling our home in India. Thousands of questions arise spontaneously, such as:
• How do you evaluate the real estate market before selling?
• Where will we get the genuine buyer?
• How to get the best price for the property?
• What is the right time to sell the property?
• Who can help us with the process of selling the house?
These questions are genuine and, if answered appropriately, can help in the home-selling process. Today, we will help you in your home selling process and assess the most appropriate time to sell your home.
Sell When The Market Goes Up
The best thumb rule for selling is to sell when the market goes up and earn the desired return. You should always sell if you are getting your desired returns. If you think you will sell when your property appreciates 20 percent, then sell it if the market gives you that much appreciation.
Because there is an Indian mentality, if the market goes up, people holds for more, and when it goes down, they sell in fear. So, always sell your property if you are getting your desired returns. And watch your money in your account, not on paper.
Sell Around Religious Festivals
Try to sell a property when festivals are around. In India, people are concerned about auspicious times to initiate their most essential tasks, including purchasing a property. Thousands look for properties at festivals like Dusherra, Diwali, Holi, Ram Navami, Janmashtami, etc.
These are auspicious times, and those concerned about auspicious times will buy even if the price is a bit high. So festivals are the best time to sell and find suitable buyers. October to March is the best time to sell a property for a better price.
Sell If You Are Getting A Good Deal
Some sellers tend to hold the deal when they see that their property is getting good value. They think that there will be more buyers who will bid more price for their property. In this search, they end up losing even the best deal they had. After some time, their property values decline because of various market factors. Take my advice: Sell if you get your desired deal and don't hold it; otherwise, regret will be bigger than your property's cost.
Sell When The Marriage Season Is around
Marriage season is the best season to sell a property. Thousands of buyers are looking to purchase the property. This is the season when lakhs of people step into a new life and are looking for sellers to buy their dream homes.
How do you evaluate the real estate market before selling a property?
Evaluation of the real estate market is critical before selling your home. The review will give you an exact idea to mark the best price for your property.
Before selling your home:
1. Assess the prices in your neighbourhood.
2. Look for the latest deal in your area and their prices.
3. Look for what aspects a buyer wants in a property before buying and what value he puts in.
4. Analyse the market through an excellent RERA-authorised real estate consultancy such as Realty Dart.
The assessment of the prices can include things such as:
• How easy is it to travel from the locality?
• What is the appreciation rate?
• Distance of railway station, airport, and metro station
• Famous landmarks
• Schools, Hospitals, security and all
How To Sell A Property Quickly?
Only try to be a warrior if you are trained. The same applies here: Don't put yourself there if you need to learn how real estate and how the market works. Take help from market experts with years of real estate expertise. For example, Realty Dart is a RERA-authorised real estate firm in Noida that has helped thousands of buyers and sellers to get their dream deals.
RERA authorization makes them exceptionally trusted and legally eligible consultants under government regulations. Market experts ensure you get the best deals and will also help you sell your home seamlessly with proper documentation.
Conclusion
Selling a home in India requires careful consideration of market conditions and timing. Evaluating the real estate market, aiming for festivals or the marriage season, and securing a good deal are crucial factors to maximise returns. It's wise to seek guidance from experienced professionals like RERA-authorised consultants to navigate the complexities of property transactions.
Sellers can optimise their chances of achieving a successful and profitable sale by leveraging expert advice and strategic timing. Remember, each decision should align with personal goals and market dynamics to ensure a smooth and rewarding home-selling experience.
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