Invest Early and Save Big with Under-Construction Properties!
Have you considered investing in a property during its early construction stage? Purchasing an under-construction property was a risky decision in the past, but that’s no longer the case. In fact, investing in an under-construction property can be highly profitable, whether for personal use, renting, or investment purposes.
If you’re still concerned about risks, read on to discover why investing in an under-construction property is a smart choice.
Save Big on Costs:
Purchasing a property when it’s still under construction can be more cost-effective than buying a ready-to-move-in house. An under-construction property can save you anywhere between 10% to 30% compared to a possession-ready property. This, along with a home loan, can make your purchase more affordable.
Score Big with Higher Returns:
Investing in a property that is under construction can be a wise financial decision. This is because it often leads to a higher return on investment. If you sell the property when it’s closer to possession, you may be able to make a substantial profit on your initial investment.
RERA for Safety and Big Savings:
Implementing the Real Estate Regulatory Act (RERA) has turned the tables in favour of homebuyers. RERA mandates that if a construction company fails to deliver the completed property within the agreed timeframe, they must refund the entire investment along with interest. RERA mandates that 70% of the funds be deposited in a bank account via cheques, safeguarding your hard-earned savings.
Customize Your Dream Home in a Big Way:
During the under-construction stage, modifications to the design can be made in a timely and efficient manner, allowing you to tailor your home to a certain extent.
Don’t wait any longer to explore under-construction projects. With the opportunity to customize your home, cost-effectiveness, and security provided by RERA, buying an under-construction property is the perfect way to turn your dream home into a reality. Start exploring today and take the first step towards owning the home of your dreams!