Reasons Why Investing in a Newly Launched Project is a Good Idea
Author : 1bhk ingoregaon | Published On : 23 Nov 2021
We all know that purchasing properties is not at all an easy task. It requires lot's of research and planning as you would be dealing with one of the biggest financial decisions of your life.
So now if you have been looking out for an apartment for sale in Vile Parle, you would have most likely to come across terms like pre-launch or new launch. Basically, these terms are referred to the projects that are newly launched. Mostly the kind of buyers who show interest in pre-launch projects are usually either opportunistic investors or end-users who seek to benefit from the price advantage and are ready to wait for a couple of years before getting possession of their flats.
Besides, many investors are intrigued to opt for a luxurious 2BHK apartment at Vile Parle West in a newly launched project instead of semi-constructed or ready-to-move properties because of its cost-effectiveness. As compared to semi-constructed and ready-to-move properties, these offer you almost 20-30% of price benefits.
Apart from these, there are many other benefits of buying apartments for sale in Vile Parle in its ‘New Launch’ phase. That's why here we have mentioned some of the benefits of investing in newly launched projects.
The early birds offer
As we know that real estate is a tough industry, so the builders and developers do their best to attract investors and buyers by offering them their best price. There are so many upcoming new projects and seeing the competitiveness of real estate markets, builders try to attract new buyers in this early phase by offering huge price discounts. Thus, buying apartments for sale in Vile Parle in new projects would be beneficial for you as it will help you to save up your budgets for future expenses such as interiors and furnishing the home. But before buying an apartment, just remember to opt for a reputed builder, because they will be ready with all the necessary legal permissions.
Variant options available based on your budget
The benefit of buying or investing in an apartment for sale in Vile Parle in a newly launched project is that you can get a different variant of options based on your budget. Plus you also get the advantage of choosing the specifications of the property of your choice. For example, 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 various options to choose from, and you can also choose the number of bedrooms and the floors based on your convenience and budget.
Pay at ease
Applying for a loan if you want to buy an apartment for sale in Vile Parle in newly launched projects is a simple process, as the builder dealers take care of all the processes. And with all the tax benefits available on a home loan, you can easily buy your dream home without much burden. For new launch projects, such scheme's are available where you don’t have to pay EMI till complete possession has been given to you. Besides, while buying a pre-launch project, you only have to pay 20-25% of the cost to builders. Until the property is transferred to you, builders pay the interest against the loan, pushing them to finish the project soon and making it a win-win situation for buyers and investors.
As you have read the above article, you have come to know about some of the top benefits of owning an apartment in a newly-launched project. So now if you want to invest in real estate and looking for a Multistorey apartment in Vile Parle West or luxurious 3BHK apartments at Vile Parle West then visit The Chandak Group - www.chandakgroup.com. They will offer you the best apartments in New Residential Projects in Vile Parle West in your budget.