The pre-launch projects in Gurgaon are those real estate offerings where the properties are marketed and sold even before the actual constructions begin. These projects provide a great opportunity for the home buyers and investors as this allows them to buy properties at a much lower price in comparison to the properties that are fully constructed. The purchasers are able to get significant discounts and this can help them make substantial savings. These are properties where the developers have already applied but are yet to get the RERA Certificate to start the construction. This is one of the ways that the developers use to raise funds to complete the project.

It is quite obvious that these properties are a great investment options, however, it is important to do a thorough research before you invest in them. The best way to do a research is to check the credentials of the developer, their past projects, their future plans and many others.

Here’s why the Developers offer Pre-Launch Projects in Gurgaon

The developers often use the pre-launch projects in order to generate funds thereby generating a cash flow and also gauging the market interest. This way, they also create a buzz around these projects. This strategy helps them securing the necessary funds that are needed for construction. Therefore this helps them reducing their reliance on the external financing. The builders offer very attractive prices during the pre-launch phase and therefore, they are able to attract a large number of home buyers quite quickly. This ensures a steady inflow of the capital. They are able to use the capital to cover the construction costs and other expenses

If you decide to invest in the pre-launch projects in Gurgaon, it is important that you keep the following things in mind

• You should conduct comprehensive research on the project that you are planning to invest in.
• You should also refer to the Real Estate Regulation and Development Act, 2016 along with the state guidelines before making any decision. You should also ensure that the real estate developers follow these directives.
• When you decide to buy pre-launch properties, it is also advisable that you choose the project of a reputed builder brand. Avoid investing in projects of builders who make unrealistic promises.
• The best thing to do, is to visit the other completed properties of the developers before you invest.
• Do not hurry up with the decision. Take your time, even if the developer creates an urgency.

Benefits on Investing in Pre-Launch premium apartments in Gurgaon

There are several benefits of investing in the premium apartments in Gurgaon and some of these are listed below:

Helps You Save Cost

If you are investing in the pre-launch properties, that can help you in cost savings. Often, the properties are sold at a lower price during the pre-launch phase in comparison to the piece in the post-launch phase. Therefore, you get the opportunity to buy most luxurious apartments in Gurgaon at a lesser price at this time.

High Returns on Investments

When you invest in the pre-launch properties, it helps you get higher returns on investments. As the project continues to progress and is on the verge of completion, the value of the property tends to increase thereby offering you with a substantial appreciation. Therefore, the people who invest early on are able to sell their properties at a much higher price than they actually pay for it.

Get to Customize the properties

By investing in the pre-launch projects in Gurgaon, the buyers get the opportunity to select specific layouts, finishes and other details tailoring to their property requirements. This level of customization options are not available in the fully-constructed properties where the buyers will have to accept the choice of the developers regarding the materials and the designs.

Conclusion

Investing in the premium apartments in Gurgaon during the pre-launch phase though might be a risky proposition, however, it has several advantages. You should consult a reputed real estate company like Grrow Property Management, who will help you taking the right decision. It is important for the buyers to weigh the pros and the cons carefully before they make a decision. It is also essential to do a thorough research on the developer, their investment location, their project before investing. The investors should also consult a real estate lawyer to ensure that they are making informed decisions and protecting their investment. We can therefore, conclude by saying that investing in the pre-launch properties can be quite a profitable option for the investors who are ready to take any kind of risks involved. Before investing, however it is important to conduct due diligence and also consider every factor before making a final decision.