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"PUNE: The days leading up to Dasara have seen a slight uptick in sales of two-wheelers and cars, but the sales remained muted for gold, in-store white goods and real estate.The vehicular sale growth — 10%-15% for twowheelers and 6%-7% for four wheelers — has been realised despite the rising fuel prices and higher insurance costs.“The sales during this Dasara have definitely been better than the Ganesh festival sales, but we were expecting a lot more because,” said Nicky Sehgal, a city-based dealer of Hero two-wheelers and Maruti cars. Homegrown Bajaj Auto has also reported a decent rose in the monthly sales figures of two- and three-wheelers. Bajaj dealers say it has been a good season for them and some categories have commanded a good 30% yearon-year growth.Many two-wheeler showrooms, however, wore a more sober-look with few footfalls and parked vehicles gathering dust outside. Insurance costs on two-wheelers have more than doubled with it being mandatory for owners to buy a three/ five-year cover along with a third-party cover. Fuel prices have not relented either.Jewellers sure that gold will regain its glitterTill Wednesday evening, there was not enough to show by the way of sales in showrooms. However, the jewellers remained optimistic.“We are expecting good sales, especially during Dhanteras and Diwali. There is an expectation in the market that gold will appreciate and diamond will also see better growth,” said Saurabh Gadgil, the chairman and MD of PNG Jewellers.Small white goods sellers struggle to match e-storesSmall white goods sellers continued to face the brunt of aggressive offers by e-commerce sites and their ultraquick delivery. The large ones like Vijay Sales and Chroma, however, seemed to stand up to the competition by offering similar deals and same-day deliveries.It seems that cellphones have yet again attracted the most interest.“We extend the benefits that big stores offer and we also get cellphones, that are otherwise exclusively available online. But it is difficult to convert customers as people prefer online stores,” said Manu Sangwani, an owner of a store in Pimpri.No takers for real estate, market lukewarmDue to few flats being available in the ready-to-occupy category at comfortable price points, realtors are finding it difficult to get bookings. “The market sentiment is lukewarm, except in very few micro-markets,” said Sachin Kulkarni, MD, Vastushodh. He said for sales to be good, there should have been positive movement in enquiries over past 30-4o days, but that’s not the case.Follow and connect with us on Twitter, Facebook, Linkedin, Youtube"
<https://auto.economictimes.indiatimes.com/news/industry/vehicular-sales-soar-but-business-muted-for-others/66270987>