PRE LAUNCH
Delhi NCR investors and end users must be quite familiar with this word. But what does this word actually means in context of Real Estate?
It simply means, from the builders side, that "we are going to develop this land into a group housing but we are still in the phase of getting all the approvals and clearances from the concerned authorities."
It is a tool which builder uses to check the demand for the project which it is going to develop.
Is it fair ..?
Now this question has a complex answer. For an end user, it is really difficult to decide without the total details of the group housing which will come up. Maximum end users keep themselves aloof from such phase.
Now ,if we talk about an investor, this is the golden period for him. He knows the importance and benefit of pre launch.The simple benefit he gets, is of the price and the short term return on his investment.
Is it wise to invest in a pre launch.....?
People who have made huge money out of real estate are either, one who had huge land bank or the one who invested in a pre launch. The Pre launch is not that risky if one is investing with a reputed builder.
Benefit of a pre launch revolves around only one Parameter :- THE PRICE.
So if you are new to Real estate Investment and you hear the word PRE LAUNCH ,just give it a try .
It might give you handsome returns. The only thing you need to check is the background of the developer.
ITS BETTER TO INVEST AND WAIT..... THAN WAIT AND INVEST !!!
Share if you understand the meaning.
Happy investing !!!!!!
Thank you so much Gaurson's for your hard work as a property developer and the outstanding apartments you provided to us and I’m sure that other will purchase that residential Gaur Yamuna City Expressway as I did too, just because of you provide all the facilities that people seek for. Thanks you for your effort in real estate.
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ReplyDeleteThere are number of real estate developers which are providing their services but most of them are not trustworthy or may b they are providing fake services. So when you are going to invest, you need to conduct proper research on that developer or builder and ofcourse their projects which they have launched. I agree with your line that 'It is better to invest and wait than wait and invest'. Thank you for sharing a nice & informative blog with us. I appreciate your blog.
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