Dhanteras brings back glitter, traders witness brisk business

JAIPUR: People thronged markets and purchased gold and silver jewellery on Dhanteras on Tuesday.
The melee in the markets and long traffic queues hardly gave any hints of any pandemic, if one were to overlook masks on faces. Kailash Mittal, president of Jaipur Sarafa Traders Committee, said people were willing to spend a little more on things which were not necessary.
“This shows that people are feeling good about the situation and the impact of pandemic on human psyche is almost non-existent now.” Mittal said Dhanteras buying will be 10% more than what was witnessed in 2019, before Covid hit the world.
After the government offered a slew of reliefs for conversion land obtaining patas, the real estate market has also seen an increase in deals. Rajendra Singh Pachar, secretary of Credai-Rajasthan, said, “The recent policies of the government have contributed to the positive outlook in the real estate sector. There is an increase in the demand for plots and houses. Secondly, people were a little apprehensive about a third wave. Since the chances of the resurgence of the virus are receding, people are taking investment decisions and real estate has benefitted majorly.”
Automobile dealers said that the demand has outstripped supply. Aditya Kasliwal, a leading automobile dealer in the city said, “The waiting period for various brands has increased from six weeks to three months. It has been a good Diwali for the auto sector except for the fact that the supply constraints have dragged down the growth.”