‘My hus­band in­vests in prop­erty dur­ing Navra­tra’

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Navra­tras have al­ways been a very spe­cial oc­ca­sion for my fam­ily. My hus­band, who works with a pri­vate com­pany and in­vests in real es­tate projects, waits for this pe­riod of the year for fes­tive of­fers. Our first house pur­chase was in Ghazi­abad in 2005 dur­ing Durga Puja when my hus­band got a de­cent dis­count from the seller.

We shifted to Delhi from our home­town Ja­land­har af­ter a ter­ri­ble ex­pe­ri­ence when ter­ror­ism was rife in Pun­jab. There was a tragedy in the fam­ily when ter­ror­ists killed two of our close rel­a­tives dur­ing that time.

Luck­ily my hus­band got a job in a pri­vate com­pany in 1990. At that time we were liv­ing in a rented ac­com­mo­da­tion in Model Town, Delhi. Later, we started a fac­tory in Ghazi­abad.

We would have bought a house in Delhi but prices grew be­yond our reach.

To­day, Delhi’s sec­ondary mar­ket is un­af­ford­able for a mid­dle-class fam­ily. A spa­cious flat in any good colony will cost more than R1.5 crore to R2 crore. As com­pared to Delhi, the sec­ondary mar­ket in NCR is still af­ford­able. A well-ven­ti­lated and spa­cious ready-to-move-in flat will cost about R60 lakh in Ghazi­abad.

I still re­mem­ber it was the be­gin­ning of Navra­tra in 2007 when we moved into this flat in Gul­mo­hur En­clave, Ghazi­abad. It’s one of the big­gest group hous­ing so­ci­eties in Ghazi­abad city, which is spread over six acres. About 625 fam­i­lies live here.

This house turned out to be very lucky for us. It made a very pos­i­tive im­pact on our life and work. My hus­band’s busi­ness prospects im­proved a lot and we have a very con­tented life since then.

To­day, buy­ing real es­tate projects is our pri­mary in­vest­ment op­tion. When­ever we get some ad­di­tional fi­nances, we wait for fes­tive of­fers and in­vest in good deals.

How­ever, buy­ing prop­erty dur­ing Navra­tra has more to do with this be­ing an aus­pi­cious oc­ca­sion. Dis­counts and free­bies don’t mat­ter. To­day we have some prop­er­ties be­ing built which should get us good prof­its.

—As told to Jee­van Prakash Sharma

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