As India enters its peak festive season, the real estate sector is bracing for a surge in demand, with developers and experts anticipating stronger sales driven by buyer sentiment, stable interest rates, and festive promotions.

Traditionally viewed as an auspicious period for major financial decisions, festivals often encourage families to conclude property purchases, and this year mid-tier housing, premium projects, and lifestyle-oriented developments are expected to see heightened traction.

Goa, in particular, is emerging as a hotspot, with increasing enquiries from NRIs, HNIs, and urban professionals eyeing luxury villas, holiday homes, and boutique lifestyle projects.

Mohit Kamboj, Group CEO of Aspect Global Ventures, said families often link festivals with good fortune, making them more inclined to conclude property transactions.

“The festive season historically generates optimistic feelings among homebuyers, and we anticipate a strong upsurge in real estate sales this year. Families look at this as a lucky time to invest in property, accompanied by enticing festive promotions from developers,” he noted.

Kamboj added that mid-tier and premium housing, along with plotted developments and second homes, are likely to see strong traction.

“Buyers want homes with lifestyle amenities, sustainability features and connectivity,” he said, highlighting how lifestyle-oriented preferences are reshaping investment choices.

Goa’s real estate market, in particular, is expected to benefit from festive sentiment.

Oscar De Lima Pereira, Founder & Managing Director of Equiknox India, said the state continues to attract non-resident Indians (NRIs), high-net-worth individuals (HNIs), and professionals from metropolitan cities.

“The festive season traditionally sparks big-ticket purchases, and in Goa we’re seeing this translate into a surge in both enquiries and site visits. With Ganesh Chaturthi in and Diwali ahead, we expect increased bookings across premium apartments, luxury villas, and curated lifestyle projects,” he said.

According to Pereira, holiday homes and boutique developments catering to hybrid work lifestyles are in demand, while investors remain drawn to the rental potential in North Goa markets such as Nerul, Candolim, and Assagao.

He added that manageable home loan rates, stable inflation, and festive offers like waived stamp duty and flexible payment plans are encouraging buyers to close deals this quarter.