Friday 5 October 2012

Pre-Launch offers in a project

Well! What is a pre-launch offer for a project to be launched in a particular location? It actually means that one who is ready to take risk in life and wants to get a good rate than the current market rate is correct person to qualify to buy. Developers also are very pro-active in this period as their product is not yet tested in the market and they want to give the benefit of doubt to the initial risk takers. Say a Developer is offering that product at Rs. X/- per sqft for few bookings ( when the market rate is X + 200-300/-) and is waiting to launch the project at X +300-400/- per sqft in few months later. So one gets a straight benefit of Rs. 400/- the day it is launched in market. And one gets a wide choice of flats to choose from. And additionally you pay only the 15-20% of the cost and wait for the project to be launched and you do not pay till the work commences. *This is the case when you are booking with a good developer of good repute and the project is launched in 6 months time.

People generally wait for the project to be launched and then go ahead for booking a flat and end up paying high rate and also get less choice of availability to choose from. This means less risk but high rate when the launch takes place. So it is highly recommended to book in pre-launch offers.
Of course the risk of project launch getting indefinitely delayed because of xyz reasons. But it is the rule of the financial market High risk-High returns and Low risk-Low returns..

So I highly recommend buyers (Risk takers) to look for pre-launch offers.

If you do not have any, please connect with me for such option in Pune.

Good night....


9 comments:

  1. Hi Hitesh,

    Can you also please more about the upcoming pre-launch projects in Pune and the details about it including pictures and rates?

    Most of the people online will be interested to read your views on different deals/projects as your experience in this field is vast.

    Also a topic which would focus on trusted names in the residential project which people should think of while buying the project

    And how builders these days cheats by giving a poor quality product affecting the buyer who has worked hard to pay money to the builder

    Thanks,
    Nitin R

    ReplyDelete
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