Friday, March 22, 2019

The three-in-one festive day of Cheti Chand, Gudi Padwa and Ugadi signifies a new beginning: Dr Niranjan Hiranandani
Wednesday, March 14, 2018 - 12:30:55 PM - By News Bureau
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Dr Niranjan Hiranandani
MUMBAI: In Mumbai and the Mumbai Metropolitan Region (MMR) as across the nation, home buying in India is important not just because of the monetary transaction value, but also because it is attached to happiness and sentiment – it is after all, one’s dream home. In India, we have special terms that emphasize the importance of certain festivals and the auspicious actions associated with the same. ‘Gruh Pravesh’, or the act of first entry into one’s new home, is something best associated with the one festive day with three festivals – the auspicious festive day of GudiPadwa, Cheti Chand and Ugadi.

In Hiranandani Gardens, Powai and Hiranandani Estate, Thane; a select few lucky home seekers will get possession of their dream homes on this auspicious day. For discerning home seekers, the festive day will be the one on which they will book their dream home. "The three-in-one festive day of Cheti Chand, Gudi Padwa and Ugadi is very important. It signifies a new beginning, and for many a family looking at buying their own home, might just be the right time to make their dream, come true,” said Dr Niranjan Hiranandani, Founder and MD, Hiranandani Group.

Traditional belief suggests that the home buying experience on this ‘three-in-one auspicious festive day’ is considered to be lucky, and is looked upon as an extremely important and favourable festive occasion to buy or move into one’s dream home. This ‘three in one’ festive day, which also ushers in the New Year, would definitely appear to be the right time for home buyers to fructify their decision of buying or entering into their new home – as tradition would term it, ‘Gruh Pravesh’.

Going beyond just tradition and sentiment, we have the new regulatory regime, which has brought in a paradigm change in how the real estate Industry operates, and has enhanced buyer confidence with the requisite transparency and compliance model. The real estate market witnessed a slow-down as a result of these transformational regulatory norms, but it has gradually been moving back to normalcy. Besides the aspects of availability of one’s choice of home and the market conditions, sentiments also play a vital role in closing the deal. Residential real estate is on the revival mode, and market conditions are favourable with home loan interest still at all-time low rates, choice of apartments available in the market, negotiable deals, and government’s interest subsidy to boost the ‘housing for all’ objective.

Present day home buyers give significant importance to infrastructure aspects like connectivity, socio-civic infrastructure development and proximity to their work place as the main reason to zero in their choices. At both these premium mixed-use townships, Hiranandani Gardens, Powai and Hiranandani Estate, Thane, home seekers will be bestowed with a holistic living experience, with all prerequisites at what is essentially a ‘one stop destination’. The plethora of residential real estate products on offer ranges right from the Minimalistic Studio Apartment to the luxurious and spacious apartments with ready to move-in options available, with the added advantage of ‘no GST and RERA’.

For a smart home seeker, being a discerning home seeker is all about selecting the right home, as also the right day to book it or move into the dream home. Gudi Padwa this year premises to more than just ‘good’, it will be ‘special’ - an auspicious day to make one’s dream home into reality, at Hiranandani Gardens, Powai and Hiranandani Estate, Thane. “With Chet Chand and Ugadi also being celebrated on the same day, it is truly an ideal day to move into or book one’s own home,” concludes Dr Niranjan Hiranandani.

Dr Niranjan Hiranandani is Founder & MD, Hiranandani Group. He is President (Nation), National Real Estate Development Council (NAREDCO), which works under the aegis of Ministry of Housing & Urban Poverty Alleviation, Government of India.
Cheti Chand
Gudi Padwa
new beginning
Dr Niranjan Hiranandani