What Do Investors Prefer - Ready to Move in or Investing in Pre-Launch Projects?

Real estate investments are the most profitable in nature. Bangalore, as a city enjoys great weather conditions and provides attractive employment opportunities in the IT sector. Concorde Mayfair by Concorde group is a pre-launch project in Medahalli which offers impeccable investment benefits for long-lasting returns. The project comprises of buildings that are nothings short of architectural marvels so residents can enjoy stunning views of landscaped gardens scattered around the project. The question now arises, should residents invest their hard-earned money in projects that are ready-to-move-in or should they stay content with residential project that are in the pre-launch phase. This can seem tricky at times because there are different aspects that should be considered by investors before they go and meet developers at the site. 

Concorde Mayfair 

There are some pros and cons when it comes to choosing ready-to-move-in projects as opposed to residential spaces that are under construction. Investors should be careful and consult with real estate advisers before they arrive at such crucial decisions. An overall experience of the property is important. In order to complement that, residents are invited to Concorde Mayfair to experience the amenities, floor plans and have an overall tour of the property so they understand surrounding social infrastructure development that are sure to contribute to formidable returns in the future. It is also advised that residents choose locations that are emerging as opposed to localities that are already developed. There are price and rental benefits offered at such areas which can be used to gather up on alternate sources of savings for the future which is everything but certain. Medahalli, as a location has a lot to offer for potential property investors. As far as development goes, emerging localities provide profitable opportunities as the scope of improvement staggers based on the real estate property market. Investors should be smart enough to seize on to such opportunities for a secured future.

Let’s now look at some pointers that make under construction projects a safer bet.

Cost effective installments - Plan your expenses

This is the most important aspect that residents should consider when it comes to investing in pre-launch projects. When it comes to under construction residential spaces, customers have an option to think, analyze, consult with professionals and make the final decision. When it comes to availing affordable home loans, banks are more eager to provide loans to residents who are interested in under construction projects as they can plan their expenses for the down payment and repay the loan in EMI’s on a monthly basis. This becomes efficient as lenders can track and monitor financial operations.

Choice of the units that are available

When we consider ready-to-move-in projects, there is only one option. Take the unit that is available as the apartment is also constructed. Decisions can’t be made in advance as customers in this case wouldn’t be able to look at the floor plans before the apartment is ready which would force them to one particular decision. However, in the case of apartments that are in the pre-launch phase, customers have an idea of how they would want their home to look like by looking at the floor plans and visiting the site at various stages of property development. Residents can decide on which floor they want to stay and which facing would suit them based on the Vaastu requirement which is crucial.

Potential growth in property investments

The main benefit in investing in projects that are not completely constructed is that one can estimate and predict social infrastructure development in the years to come. It is often suggested that residents should consider such projects and invest at an early stage to make the most of the affordable housing variants offered. What is not offered in ready-to-move-in project is that the expert consultation. In the case of residential spaces that are under construction, residents can come visit the site, talk with architects and financial advisers so they arrive at concrete and profitable decisions. This liberty cannot be enjoyed by residents choosing homes that are already built as they are left with minimum alternatives to choose from.

Personal Customization benefits

Some property developers encourage a personal touch when it comes to in-house unit customizations. Residents in this case would have a pre-determined approach of how they would want the space and resources to be utilized. Residents who are at the site can sit with engineers at the site, state their perspective preferences and get their home designed according to their convenience. This is not always possible at projects that are in the ready-to-move-in status.

To conclude,residents at Concorde Mayfair at Medahalli can avail all of the above benefits as property investments need time and effort to decide. With amenities and floor plans to suit every residential expectation, residents who plan on partnering with Concorde Mayfair are in for a great ride towards a fulfilling future for them and their loved ones.