More than 80 homebuyers in Greater Faridabad are expected to receive the keys to their flats during the festive season, with most scheduled handovers planned around Dhanteras on November 6, according to a report by Live Hindustan – NCR. Builders and buyers are completing the documentation and other formalities required before possession.
The handover is expected to allow several families to enter their new homes and conduct housewarming ceremonies during Diwali. The report said some buyers may also receive gifts from builders, including gold rings, washing machines and gift vouchers, as part of festive offers linked to the possession process.
The development comes as property activity increases across Greater Faridabad, where builders are promoting two-bedroom and three-bedroom flats as well as residential plots. Buyers visiting builder stalls are seeking information about apartment sizes, prices, amenities, parking arrangements and expected possession timelines before making decisions.
The report said several buyers are also booking homes during the festive period. Those purchasing ready-to-move-in properties may be able to take possession during the festival, while buyers booking under-construction or newly launched projects have been told to expect their homes by Diwali next year. The available report does not provide project-wise possession schedules, regulatory approval details or the names of the developments involved.
Gurmeet Singh Deol, general secretary of the Faridabad Estate Agency Welfare Association, said festive discounts offered by builders were contributing to greater interest in flats and plots. He said the festival period traditionally encourages people to book property and take possession of completed homes.
The report also said real-estate stakeholders in the district expect transactions worth about Rs 100 crore during the festive season. This figure is presented as an industry expectation and no project-wise or registration-based data was provided to substantiate it.
The activity highlights the importance of possession timelines in the local housing market. For buyers, the transition from booking to possession depends not only on the completion of construction but also on documentation, payment formalities and the handover process between developers and purchasers. In the reported cases, these procedures were still being completed ahead of the planned Dhanteras event.
Greater Faridabad has emerged as a prominent area for residential sales, with buyers comparing homes according to their budgets and expected amenities. Builder stalls set up in the area are being used to market both ready homes and future inventory, while festive discounts and possession-linked offers are being used to encourage bookings.
The immediate next step is the completion of buyer-builder formalities and the planned handover of keys to more than 80 investors, primarily on November 6. Further information on individual projects, possession certificates and the final number of completed handovers was not provided in the report.
