Buying a home is one of the most momentous experiences in one’s life. Investors look for both long time and short time benefits before purchasing a home. Investing in properties wisely in its ‘new launch’ phase is an exciting way to gain long-term financial benefits. It is an excellent choice for real estate investors looking for long-term investment options with high returns. Here, listed below are some advantages of investing in Real Estate in its ‘new launch’ phase.
- EARLY BIRDS IN REAL ESTATE INVESTING USUALLY GET THE BEST PRICE
When any property is in its ‘new launch’ or first launch phase, most builders offer tempting best prices to real estate investors and home buyers. Thus, making the most of this chance to receive the best prices for real estate whether you are just investing in a property or looking to live in it – ‘new launch’ properties are financially beneficial in the long term. Before buying any property one usually makes a market survey, through which one may find that ready-to-move-in flats and partially build properties are more costly than properties that are just launched. Therefore, to get early bird discounted rates for real estate investments one should always look to invest in properties that are in a ‘new launch’ phase.
- PERSONAL CUSTOMIZATION AND EXTRA FEATURES
The chance of getting a property with the preferred customization is much less when one is buying a property in its completion stage or near completion stage. If one books an apartment in its new launch phase, one can get a chance to have a preferred layout and make minor design alterations. Customization is therefore an essential benefit for real estate investors looking to invest in properties. With ‘new launch’ properties, a home buyer can envision and customize their flooring, woodwork, kitchen area, and sanitary fitting to the right preference and choice of the family residing in it. Therefore, home buyers can avail properties customized to their aesthetic taste when they book a ‘new launch’ property.
- BEST RETURN ON INVESTMENT
Early investors are usually intelligent when it comes to real estate, as they are looking to make the most potential gain in their capital investment. It is also a fact that real estate is one of the biggest investments that most people make in their lives. The method of wealth creation is fairly simple in the real estate market. The real estate investor has to usually choose the right property in an ideal location at a good price and then sell it after holding it for a few years or once it is completed to avail a good return on investment. Thus it is wise to pick up properties at the right price, which is possible with properties in the ‘new launch’ phase.
