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The Advantages Of Buying New Property During Its “New-Launch” Phase!

Posted by dhadmin on January 5, 2023

One of life’s most exciting and challenging experiences is purchasing a house. You finally get a place you can call your own after a drawn-out process of choosing that dream property, legal verification, and setting up the finances to buy it. Terms like new-launch, pre-launch, early bird offer, etc. would appear on newspaper & online adverts, billboards, and websites as you started your property search. The offers do appear to be extremely tempting to potential purchasers.

The project’s price is, of course, the main benefit. If you are one of the early investors, you may be eligible for appealing perks. The developer might give the first 100 customers cash discounts and other goodies if the complex has a thousand apartments.

  • Best pricing for Pre-Launch Investors
    The builder just annouced the project, and construction is about to be started. The project may not be widely known. The builder offers alluring discounts at this pre-construction stage to encourage customers to make a decision right away. You will see that you are getting a great deal if you compare the pricing with those of a comparable project that is either under development or is already ready to be occupied nearby. In fact, the prices might be 20–25 percent cheaper, which would mean significant savings for first-time homebuyers. The pre-launch period is the only time you can get this discount, so once construction begins, you won’t be able to. You no longer have to be concerned about the safety element with the passage of the RERA law.
  • Pricing factor
    More people express interest in the project as soon as construction begins and word spreads. The likelihood of price increases by the developer increases as demand rises. The price would be much higher in the later stages as the project copmes to an end and early buyers begin living in the apartment units. Other projects starting up in the area, infrastructure improvements, connectivity, and general inflation also help to drive higher prices over time.
    In order to make up for the early discounts, builders also raise their pricing in the future. Therefore, if you can secure the early bird discount provided during the new launch phase, you can benefit significantly from lower costs.
  • Choose the Best & Design Your Nest
    When you are one of the first purchasers, you have the exceptional opportunity of selecting the apartment unit that best meets your needs and financial situation.
    You can choose whether you want a flat with a garden view or one with a sea view, a 2-BHK or a luxurious penthouse, a unit on the second floor or one on the twentieth. When you arrive early, you actually have an abundance of options, and the price reduction is the cherry on top.
    The ability to build and personalise the housing unit to fit your own needs and preferences is another advantage. The cooking area, flooring, and bathroom fixtures can all be customised to the family’s desires.
  • Easy & Light on your Pocket
    Every property buyer receives benefits in addition to those related to taxes and interest rate subsidies. The builders save their greatest offers for their initial group of clients. If you reserve a home during the new-launch phase, you may also take advantage of various exclusive programmes that can drastically lessen the cost.
    The developers might be provide early buyers with extra bonuses like car, a free parking place, or a paid family vacation. Typically, a small fee is required to reserve an apartment during the pre-launch stage.

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