Businessmen, as well as professionals working in good positions, always have an inclination to invest in real estate, as it has been observed that real estate investments give the highest returns. In fact, such investments pay off really well when you invest before the property gets launched as then you get higher discounts on the purchasing price as well as make the most of the price hike that happens once the property is launched and construction is underway.
If you are interested to know more about getting a good property deal, then you can go through the list given below:
- Most of the investors who invest in the real estate are well aware of the fact that investing early can help you to get a lot of discounts. Most of the builders start marketing their projects even before the basic approval is received. In the industry parlance, this is called soft launch. In order to attract buyers, most of these developers tend to offer discounts of about 10-15%. At times, this discount goes up to 20% for smaller projects. The soft launches are mainly done in order to generate the cash flow. The builders mostly start this soft launch by inviting the bookings from the local property agents and the old customers. However, this soft launch discount is available for a very short period of time. These discount offers also help the property developers to understand the market response to a particular property before, it is actually launched. The property developers also realize the fact that the buyers who are buying the property before it is launched are taking a risk and therefore try to compensate them with these discounts. The discounts available during the soft launches help the brokers and the investors to get a property at a discounted rate and thereby they have the option of selling the property after it is formally launched. This helps them to earn a good profit in a very short period of time.
- Investing during the soft launch period is quite risky and it is not recommended for people who do not have the capacity to take risks unless it is a property developed by a reputed builder who has all the necessary approvals. It is also important to ensure that the project is approved by the reputed banks. When it is formally launched then the risk is reduced and as a result, the discounts are also no longer available. If you are planning to take the benefits of these early discounts, then it is important that you are aware of the developments in the real estate market.
The property rate in Ghaziabad at NH 24 is quite affordable and it also has a number of projects which are in the soft launch stage, and if you want, you can invest in one of these properties and enjoy very good discounts. Moreover, this city is also well connected to the urban centers due to which the demand for properties here will always be on the rise, giving you the benefits of price appreciation.
So, if you have a budget and want to invest in property, and then invest in Ghaziabad, as it will be the best investment decision for you.