India, March 19 -- Gudi Padwa 2026, the spring festival marking the New Year for Marathi and Konkani Hindus, has traditionally been a time when real estate developers in Mumbai roll out attractive discounts to lure homebuyers. This year, however, the sentiment is more measured. Real estate experts note that while the market continues to see steady activity, it lacks the urgency typically associated with growth cycles, as the US-Israel-Iran war and stock market volatility weigh on buyer confidence. Both developers and homebuyers appear to be in a cautious 'wait-and-watch' mode.

Although developers are going ahead with planned project launches and several major players have introduced new offerings over the past two months, there is little...