Most people prefer moving to Whitefield as it is an important IT hub. As a result, there is a great demand for residential accommodation. Many factors about Whitefield state that it is the best locality for buying properties. It will be an investment as it will be worth the buy.
Buying a pre-launch property allows you to book before the rates go high. It is a wise investment as you can get the property at reduced rates. But once the neighborhood starts developing, you can sell the property. As a result, you can enjoy high returns.
Development in Whitefield is accelerating at an unbelievable pace. Property prices are on an upward trend. The real estate sector is shaping up well. It makes the perfect time to invest in real estate. Whitefield is becoming the top locality to own a property.
Another factor about Whitefield is the connectivity of the area. Whitefield connects to different parts of Bangalore. Whitefield gets connected by road, rail, and air. It has easy access to the rest of Bangalore through the Whitefield main road. It links to the old airport road and Varthur road.
Whitefield and Hoodi are the nearby railway stations. It connects to the Kempegowda International Airport through SH 104. The ongoing metro extension to Whitefield will support the connectivity. The everyday commute is more accessible. Buses connect the areas of Whitefield and nearby regions.
The extensive connectivity has boosted the value of property in the area. This seamless connectivity has made this area a favorite place among investors.
Whitefield road and Varthur Road make commuting easier for the residents. These two roads meet with State Highway 35. The suburb facilitates bus services. The area will enjoy the benefits of the Namma Metro Project service soon. Smooth connectivity here creates an impact on the housing sector.
Whitefield offers luxuries needed for a classy lifestyle. The locality has big malls. There are lots of restaurants and pubs in Whitefield. This area has several reputed schools and colleges. A large number of hospitals are also present. It makes it a very convenient place to live.
Many best properties are available with all amenities. Many pre-launch properties are available at a reasonable price.
Sometimes, builders have a plan. But no approvals are obtained from regulatory authorities. They announce the project at this stage. Some buyers may be willing to invest at that time. It is a “pre-launch project.” It is a proposal against a plot.
In a pre-launch project, the sales process happens early. But the builder still waits for the necessary approvals for the project. The builder has some funds when buyers start booking and paying the amounts. They can begin the project construction as soon as they get approval. So, the builder may not depend on loans.
Many homebuyers in Whitefield are choosing pre-launch projects. There are many Advantages of Investing Pre-Launch Projects on Whitefield Road.
Some of these are
During the early phase, developers offer attractive price discounts on pre-launched projects. It is to attract homebuyers and investors. If you plan to invest in a home, it is the best time to book at the lowest prices. So, if you want to invest in a budget property, try for a pre-launch project.
Buyers can choose between plots, apartments, or villas. The property is available at low prices. Builders have plenty of pre-launch offers with early-bird discounts. Pre-launch properties to suit buyers’ needs before construction. They can customize the homes. The prices of assets in Whitefield are increasing. Savvy buyers invest in a pre-launch property at a low price. They can then sell it for profit.
Buying a pre-launch property allows you to book before the rates go high. It is a wise investment as you can get the property at reduced rates. After the neighborhood starts developing, you can sell the property.
Pre-launch rates are lower than post-launch rates. The rate is 10 to 30% down than post-launch rates. They can get better discounts too. If you invest in a pre-launch project, you can get it at reduced rates. After the project completes, you can sell it at the current market rate. It will give better profits.
The pre-launch buyer can select the better unit in the project. They will have a lot of options too. If you opt for a pre-launch project, you can customize your house. While purchasing a property at an initial stage, you can make any changes. It is because the project is under construction. You can select the unit of your choice with the best view, location, and accessibility.
Prestige Group new prelaunch villa Prestige Sanctuary.