It is always a tricky decision to take to invest your hard
earned on the real estate project. When you opt to buy an apartment, you will
find many options with different price range. From location to EMI, you
consider every other detail before the investment. However, investing on the
project at what stage is also important to consider. There are different stages
at which you must consider investing the project. Whether you are investing on
projects built by Nirmal or any
other developer, considering these stages is important for long term positive
return.
·
Pre-Launch
Stage:
Many consider this is a risky stage because there are
chances where the construction may halt due to approval issues and other
investment problem. So the best way to invest during pre-launch stage is by
checking the credibility of the developer. Do some background check of the
developer to know if there earlier project are completed and the quality of the
construction.
· Launch
Stage:
This is certainly the best stage to invest on the project.
Since everything from land approval, investment to permission is approved,
investor can invest on the apartment at the lowest possible price.
Additionally, home buyer doesn’t have to worry about the project getting
stalled. Moreover, the pricing during this stage is minimum and as every slab
is put in place, there is higher chance of increase in the capital values.
· Completion
Stage:
At this stage the price of the apartment increases, but also
reduces the risk. Moreover, there is less risk of project incompletion and the
developer hands over the property soon. Since the price of the completed
project is quite, it can burn your hole, but will be a promising investment for
long term. It is up to you how you manage to invest in the project on this
stage.
As a buyer, it is important to educate self before you
invest on real estate project. Do some research and connect with property
expert to know more about the investment.
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