As the term suggests, a new launch simply means a property that’s newly launched in the real estate market. Such properties could either be the ones just completed or the ones still under construction. So what’s the whole point of buying a property that’s still under construction? This is where the perks of buying a new launch property come in!
1. The early bird price benefits
This is one of the most obvious reasons as to why you should purchase property on its new launch. Almost all the builders in the real estate market will launch their new properties with attractive price offers. You can take advantage of the early bird deals and book your dream property for the best price. So if you are planning to buy a home, it’s best to look for the new launch properties in your desired area and book your dream property as soon as possible!
2. The future price hike
The price of a property usually tends to increase after its new launch phase due to various reasons including new developments in that area, revised laws, economic situations, fiscal inflation, etc. Rates can go high for reasons like growth of population also. The rise of population in a location obviously results in increasing demand for housing there. And this will directly translate into faster hikes in property prices. So book your property before the rates go up and if you want, you can sell the property later on and for a higher price!
3. Customize your home
Customization is all about making a house feel like your own. It will help you save time, make your home more efficient, and also will help you save your money in the long run. Home is where you spend the majority of your time, so it should be constructed to provide both comfort and convenience to you. Once you buy a completed project, there isn’t much room for a lot of customizations. But when it comes to a property that is still under construction, you have the option of customizing it according to your preferences.
Looking for a new launch property in the most vibrant locations in Calicut city? Head on to our website or give us a call right away!
