Navratri 2025: Don’t Expect Big GST Benefits or Lavish Festive Deals on Mumbai Homes
Mumbai, September 2025 — As the nine nights of Navratri begin, many prospective homebuyers in Mumbai may hold hopes of sweet festive bargains, GST benefits, or developer freebies. But the reality is likely to be more muted this year. Experts in the Mumbai real estate sector say buyers should temper expectations — few significant deals or tax benefits are showing up on the ground, at least during the current festive window. 1. Why festive offers are subdued: constrained launches & inventory absorption Regulatory and approval bottlenecks slowing fresh launches Developers point out that new project launches in Mumbai during 2025 have been restrained, largely due to delays in obtaining environmental clearances (ECs), commencement certificates (CCs), and RERA approvals . Although the Supreme Court lifted its stay on ECs in August 2025, many projects are still awaiting final approvals. This regulatory drag means that developers have less new inventory to market aggress...