Purchasing a property can be a tricky process as it involves a lot of research and planning since it deals with bigger financial decisions in a common person's life. The two major factors that influence this situation is the type of property you want to invest and the duration of the construction involved. Pre-launch projects are the best investment option as it takes an abundance of benefits they offer. In this article, we have listed the top 5 benefits of investing in newly launched projects.
Variant options based on your budget
The benefit of investing in a newly launched project is that you can get a different variant of options based on your budget. You also get the advantage to choose the specifications of the property. For say, in a closed gated community, you can select your apartment between the penthouse with a striking view or near the lift area or towards the lobby. So, you have varied options to choose, and you can choose the number of bedrooms and the floors based on your convenience and budget.
Early Bird Offers
Another one big advantage of new launches is the wide range of discounts and early bird offers. Before commencing into building construction, the property developers start with promoting the project with captivating discounts to drive customers. The initial launch discount would be a minimum of 10 to 15 per cent. In some cases, it can go up to 20 per cent. So, this is the right opportunity to flat discounted apartments within your budget.
Get customised at the initial stage
Booking flats at an early stage of construction helps you to customise the interiors designs of the room as per your comfort and requirements. You can make minor changes at the basic level of the construction. Making changes after the construction is difficult so you can plan it in the initial stage like wall painting, furniture provisions, interior designs and other decor ideas accordingly.
Opting for a loan is the simple process as the builder dealers take care of all the process. The dealers have come up with innovative schemes to reduce the burden of EMI for the customers. As per this scheme, the buyer needs to pay only 20% of the money at the initial stage. Until the property is transferred to the owner's name, the interest is paid by the builders. This is the best way to save your EMI money at the time of construction.
Make smart investment
The property rate in urban areas increases every day, so opting for an urbanization rate at a discounted price is possible at the pre-launch properties. With this, we can say that investing in the outskirts of the city is a smart decision.
Thus if you are planning to invest in real estate property, then hunting for a new launch will be the best choice. Are you planning to invest in pre-launch projects? Head out for MyPropertyBoutique for premium properties. Click here to check out the fast developing localities in Chennai and get your dream house at a cost-effective price.