Title: Benefits of buying ongoing residential projects in pune rather than completed ones
1Benefits of buying ongoing residential projects
in Pune rather than completed ones
- Oh, hey there, homebuyers! Are you thinking of
investing in ongoing residential projects in
Pune? Well, good news for you! Pune is the
cultural capital of Maharashtra and has been on
the rise when it comes to real estate
investments in recent years. With growth and
development happening at a rapid pace, Pune has
become a hub for IT, education, and manufacturing
industries. And as a result, there has been a
massive surge in demand for housing, leading to
an increase in the number of residential
projects in Pune. - Now, if you're a first-time investor, you might
be confused about whether to go for ongoing
residential projects in Pune or a completed one.
While both have their own set of advantages and
disadvantages, we'll tell you why investing in
ongoing residential projects in Pune can be a
wise decision in many ways. - Lower costs
- First off, let's talk about money, honey! One of
the biggest benefits of buying an ongoing
residential project in Pune is that they are
usually cheaper than completed projects.
Developers often offer lower prices during the
construction phase to attract buyers and
investors. So, you can get a better deal and
save some bucks by investing in an ongoing
project. Who doesn't love a good deal, am I
right? - Customisable
- Moving on, let's talk about customization
options. When you invest in an ongoing
residential project in Pune, you have the
opportunity to customize your home according to
your preferences. You can work with the builder
to choose the layout, fixtures, and finishes that
best suit your needs and tastes. So, you can
personalize your home and make it truly your own.
You can finally have that dream home you've
always wanted! - Property price appreciation
- Now, let's talk about appreciation potential.
Ongoing residential projects in Pune have a
higher appreciation potential than completed
ones. As the project nears completion, the prices
of the properties usually increase. This means
that you can benefit from capital appreciation by
investing in an ongoing project. Additionally,
if you buy a property in a growing neighbourhood,
you can expect higher returns in the future. Who
doesn't want some extra cash, right? - Flexible payments
- Another significant advantage of investing in
ongoing residential projects in Pune is that it
comes with better payment options than completed
projects. Developers usually offer flexible
payment plans during the construction phase.
This means that you can pay in instalments as the
project progresses. It's like buying a candy
bar, but you get to pay for it in instalments.
Isn't that amazing?
2- Higher rental yields
- If you're planning to rent out your property,
investing in an ongoing residential project in
Pune can be a smart move. Since the project is
still under construction, rental yields are
usually higher than older projects. This is
because the demand for housing is higher for
newer projects. Renters are often willing to pay
a premium for a new, modern home. So, you can
earn some extra cash without any hassle. - Modern amenities
- Let's not forget about the latest amenities and
features. Ongoing residential projects in Pune
are designed to cater to the modern lifestyle of
urban dwellers. These projects usually come with
the latest amenities and features, such as
swimming pools, gymnasiums, landscaped gardens,
and security systems. Buying a property in an
ongoing project means that you can enjoy these
amenities as soon as the project is completed.
Who doesn't love a good dip in the pool or a
stroll in a garden, right? - Easy resale
- Finally, investing in an ongoing residential
project in Pune can provide you with better
resale value than a completed project. Since the
property is brand new and comes with modern
amenities and features, you can expect to get a
higher resale value than a property that is a few
years old. This can help you make a substantial
profit if you plan to sell your property in the
future. So, you can think of it as an investment
for the future.