The current moving trend in the real estate industry points out at the importance of ready-possession properties for home buyers to put in less effort and quickly start their new lives. This is mainly because there are a lot of activities that a family does that need to keep happening without having a long pause to move into a new home.
However, there are benefits of investing in under-construction projects in Pune, some of which are mentioned below:
1. Price Convenience:
When you investigate a real estate company in Pune that has an under-construction project, you can understand the difference in the prices for the under-construction property and the ready-possession property. The investment required to own an under-construction property is much less and brings more value to your investment ahead in the future. However, this may vary from location to location. This makes it better easier for you to decide to make your investment and get the returns faster.
2. Higher Appreciation Rate:
The price of the property is directly proportional to the progress of the construction. This determines that investing in the property at the initial time of the construction brings you more profit. Builders in Pune begin their property selling as soon as the construction begins, however, it is not marketed a lot. This means to avail of the benefits; you must have a keen eye on the ongoing projects in your preferred location. This can get you the best appreciation rate for the investment.
3. Payment Flexibility:
The ready-possession properties don’t have many flexible payment plans. You must pay the entire amount one way or the other. However, the upcoming projects in Pune have a higher potential to bring you more flexible payment ways that comfort you make the necessary investments. You can even get the property by paying the token amount on it.
4. Offers & Discounts:
Making viable deals is an essential part of buying an under-construction property. This is because you can negotiate a very good price for the property you are planning on buying. There are multiple schemes that are launched by developers during the time that the project is under construction. Once the project finishes, the demands on the units begin increasing which makes the options for negotiation more difficult.
In conclusion to the above-mentioned benefits, the RERA registration process has made it safer for everyone to invest in under-construction properties, bringing various forms of benefits in terms of investment. Now is a good time to opt for buying your under-construction property, to get the best returns soon.