In Pune, the demand for pre-launch projects continues to rise. Investors are looking forward to purchasing pre launch projects in Pune considering the high return potential from these properties. For property investors and owners, Pune has been a popular avenue over the years. People love the elevated standard of living in the city. New pre launch projects in Pune are those residential complexes which that developer announces, but they need to wait till they get the approval from the government. Investing in pre-launch projects makes the property prices cheaper for the homeowner by 20% to 30%. Therefore, the ROI tends to be higher when you invest in these properties.
What are the benefits of investing in pre launch projects in Pune?
The prime benefit of investing in pre launch projects in Pune is the potential to earn a decent return. In case of ready-to-move properties, the prices are higher by at least 20%. By investing early, you can make significant savings. At the same time, you can customize the interiors as per your preferences. This also leads to significant appreciation in property value. It’s wise to invest in pre-launch projects in localities that are likely to witness development in infrastructure. This implies that the property prices would be increasing in the long run.
Where can you purchase pre launch apartments in Pune?
If you are planning to purchase pre launch apartments in Pune, check out the top projects developed by reputed builders across the city. Among the popular projects, you have Vascon Forest Edge in Kharadi, Gera Misty Water in Keshav Nagar, Godrej Hillside and Godrej Green Cove in Mahalunge, Purva Aspire at Bavdhan, and Brahma Townhouse at Balewadi. Besides, the Kohinoor Group has come up with Kohinoor Emerald at Sus, while Yash Promoters and Builders have launched Yash Grecia at Dhanori.
Most of the other projects have been launched in prominent localities such as Ravet, Hinjewadi, Bavdhan, NIBM, Koregaon Park, and Dhanori. Residing in these localities, you can seamlessly get across to prominent business zones across the city. The commercial areas are located close to your home, which makes it easier to get across to these places through the dense connection of roads. Besides, the residents can enjoy access to the social establishments around the city. A number of schools, colleges, and hospitals are located close to these homes.
What are the risks and rewards of investing in pre launch projects Pune?
Investing in pre launch projects Pune comes with both risks and rewards. At the pre-launch level, the property may not have all the necessary regulatory approvals from the government or civic authorities. In general, developers need to obtain anything between 40 and 50 approvals. They need to reach out to different bodies such as the National Monuments Authority, city development authority, and the Defence Ministry. It may take considerable time to obtain these permits. At times, this can lead to delays in completing the project.
As a benefit, you can get the apartments at a significantly lower price and a higher ROI on selling them off.
How to find the best pre launch projects in Pune?
Finding the best pre launch projects in Pune becomes easy once you reach out to one of the reputed brokers. These professionals can help you screen all the necessary aspects like regulations and permits that the developer needs to obtain. Moreover, reputed brokers have their industry network. Accordingly, they can help you with relevant recommendations on reputed developers. It pays to invest in projects being developed by builders with an established track record.
