Here we will see how buying a property in a pre-launch sale is beneficial to home buyers:
- The developers Pre-launch their projects at an early stage to raise capital. This capital is then invested back to develop the amenities & Infrastructure etc.
- With a growing number of real estate companies & increasing competition, having a pre-launch gives the developers an insight into the market.
- When we invest in a Pre-Launch property, buyers have the upper hand over those who buy their apartment with respect to the floor & the view of the property.
- We also have investors, Buying a property at Pre-launch has merits & demerits. The merit of getting at a low price sounds attractive & sweet but there are many things you should consider before taking your first step.
Things to look for before investing in a Pre-Launch property!
- Taking a decision to buy a home is no walk in the park. The first step is to do complete thorough research about the developer.
- Do the research about the projects they have delivered, We need to offer amenities & specifications of the apartments before taking any decision.
- As a potential buyer, you must know the RERA documentation.
- Then you must get your investment is safe
- Also, if you are looking to buy a second home, investing in a pre-launch is a rather profitable opportunity with the security of having a first home as you can wait for the development of your newly invested project.
Invest in VGK property for a higher investment factor & best-in-class amenities.
What is a pre-launch stage?
A project is said to be in a pre-launch stage when a builder announces his project with initiating any process for getting regulatory approvals. This is a mere plan which is being sold by the builder.
Pre-launching is ideally the time a project is in initial construction stages. At this initial phase builders make an announcement about the project launch & amenities for sale for the same.
These Pre-launch properties are like golden opportunities for buyers. Here, you could exponentially gain benefits on the economic aspect of the property as in Pre-launch projects, the buyers can save by investing in the Pre-launch period.
