Kochi is the biggest and most cosmopolitan city in Kerala, with innumerable opportunities for employment and entrepreneurship. This is the answer to why is Kochi the ideal location for a family to settle down. Settling down involves buying a home.
Anyone following the real estate investment strategies in Kochi keenly will realize that investing in a pre-launch property is a smart move. While you may think that it’s risky to put money into a project that has not yet taken off, a proper analysis will prove the opposite.
These are project proposals announced by the builders, prior to starting construction. They begin to take bookings for individual flats or villas at this stage itself. Prospective investors stand to gain a number of benefits, from lower prices to greater choices. It’s also beneficial to builders, as they get funds immediately, easing their financial burden.
Investors have a distinct cost advantage when they book a flat at this stage. Developers offer big discounts, as the customer has to wait for a long time to get possession of the flat. It makes the property more attractive to the buyer, as it helps them to save a great deal.
Once complete, the homes’ value tends to shoot up. Today’s flats come with several amenities; this is one of the benefits of living in lifestyle apartments in Kochi. Also, once complete,the developed property looks impressive. This helps such flats to command a high price, making a great avenue for investors who want capital growth and high ROI.
When you buy a flat in the pre-launch stage, you can literally take your pick; which floor or plot if it's a villa, what configuration, facing which direction, and so on. Early investors are also often given the privilege of customizing their flats to an extent. This includes customizing tiles, paints, fixtures, and so on.
Developers who want early investment are likely to offer flexible payment plans, reduced down payments, longer tenures, interest-free instalments, and so on. They may also offer other incentives like free clubhouse membership, referral bonuses, discounts on future purchases or other external subscriptions or benefits. These features can make the purchase of a pre-launch flat even more attractive to investors.
Very few people actually invest in flats that are not even under construction yet. There is much less pressure on the investor to make a decision, and they can take their time. This becomes a huge advantage in those markets where ready-to-occupy flats can be easily sold.
When you invest early in the project, you may be able to give the builder feedback about the property, especially with regard to amenities, design, materials, fixtures, and so on.
Investing in pre-launch flats is not without risks, however, with a little research and planning, you can be safe.
It is essential that you correctly understand the dynamics of the real estate market. Following trends and doing some research, you can choose the right areas where property is bound to appreciate, for whatever reason. With the right strategy, you can earn excellent ROI.
Due diligence includes doing a thorough background check on the developer, making sure that all the legal formalities like zoning regulations, documents, and permits are all correct, and that the financial health of the project is good. This can help you from any pitfalls.
Strategic benefits, pricing, and potential for appreciation are the biggest reasons to buy a flat in the pre-launch stage. While there are minor risks associated with this, they can be easily overcome with a little research and strategizing.
Investing in a Varma Homes apartment at the pre-launch phase gives you all the benefits without the risk. As one of the leading builders of Kerala, Varma Homes guarantees that you will have a safe, hassle-free, and beneficial investment avenue with us. As our projects are situated in the best localities of Kochi, you can be sure of excellent value appreciation as well.
Looking for the smartest way to invest in flats in Kochi? Make the most of pre-launch offers with Varma Homes low prices, high returns, zero hassle. Don’t wait your ideal home and investment opportunity is just a booking away
Is it safe to invest in pre-launch flats in Kochi?
Yes, investing in pre-launch flats can be safe if you conduct proper due diligence. Choose reputed builders like Varma Homes, verify legal approvals, and ensure the project has necessary permits before committing.
What are the financial benefits of buying a flat during the pre-launch stage
Pre-launch flats are typically offered at lower prices with flexible payment plans. Investors often enjoy early-bird discounts, reduced down payments, and potential for high value appreciation once the project is complete.
Can I customize my flat if I book it during the pre-launch phase?
Yes, early investors often have the option to customize features like tiles, paint, fixtures, and layouts. This level of personalization is usually not available once construction progresses or is completed.