New Delhi, Oct. 4 -- Festive season is traditionally considered to be an auspicious time for buying properties. It is a time when most of the developers launch especial offers including discounts on properties, gold coins on every purchase to organising lucky draws, developers adopt every trick to attract buyers. Naturally, people come out in large numbers to hunt for their dream homes.

With interest rates falling sharply over the last six months and most banks linking their home loan to RBI's repo rate, there are chances of further reduction in interest rate, the time is near perfect for buyers. Moreover, with property prices remaining almost stagnant in the last couple of years also augurs well for the buyers. Amid the favourable conditi...