Expecting an increase in demand for luxury honed, following the government’s notification to reduce the circle rate, India Sotheby’s International Realty (India SIR) and HDFC Home Loans have come together to exhibit a curated collection of the luxury properties including ready-to-move-in homes and new developments across Delhi NCR.
The selection of properties on showcase will comprise of properties from Delhi’s most sought after markets, Jor Bagh, Vasant Vihar, New Friends Colony and also apartments from select luxury projects of Gurgaon and Noida.
“The success of our previous association with India’s largest mortgage lender HDFC Home Loans in November 2020, has prompted us to partner with them again, to bring exclusive benefits for home buyers, including for NRIs. We also enable services such as tax and wealth advisory, property evaluation and re-development, to support quick closure of transactions and time efficiency led savings for HNI buyers,” said Amit Goyal, CEO, India Sotheby’s International Realty.
According to Renu Sud Karnad, Managing Director, HDFC Ltd, a circle rate reduction of 20% in Delhi and home loan rates at a historic low, home buyers are actively looking at buying good quality property.
“Further the property prices over the past couple of years have seen price and time correction making the luxury houses in the capital even more attractive and with sentiments and confidence returning back, it’s possibly the best time to buy a house. With people now embracing technology, even the convenience of buying a property by availing home loans online has improved the efficiency quotient,” Karnad said.
