Real Estate Investors:
This category of buyer purchases property primarily as a means to grow money. Here too, there are
multiple options:
property that is 24-36 months away from possession but you get the best rates for this. Going by the track record of the past few years, the risk is that your project may be delayed and possession comes after another year or two. This makes a difference to those who wish to remain invested to the end and exit the project only once possession is taken and property values have correspondingly risen. There are some investors who purchase by paying a 10 per cent value and then pay a subsequent second and
third instalment and then encash the differential. This money can then be invested in another project that has
been launched and so on. This type of investor books short-term profits. This is a high-risk-high-return game and the buyer needs to be very aware of the progress of the project and the market values. Currently, there are no formal sources of monitoring the value of property on a weekly basis. Local brokers are the best source.
but the flip side is that you will be sure when you get possession.
values are at least 25 per cent higher than while it is under construction but there is no risk as the property is
ready-to-move-into or for fit-outs.
This category of buyer purchases property primarily as a means to grow money. Here too, there are
multiple options:
At launch:
You get the best values and even an inaugural discount in many cases. You are investing in aproperty that is 24-36 months away from possession but you get the best rates for this. Going by the track record of the past few years, the risk is that your project may be delayed and possession comes after another year or two. This makes a difference to those who wish to remain invested to the end and exit the project only once possession is taken and property values have correspondingly risen. There are some investors who purchase by paying a 10 per cent value and then pay a subsequent second and
third instalment and then encash the differential. This money can then be invested in another project that has
been launched and so on. This type of investor books short-term profits. This is a high-risk-high-return game and the buyer needs to be very aware of the progress of the project and the market values. Currently, there are no formal sources of monitoring the value of property on a weekly basis. Local brokers are the best source.
Semi-Constructed:
Buy a semi-constructed property in a locality that you want to stay in. This will shorten the lifecycle of twin payments (rental and EMI). You have to pay a slightly higher value than if you pick up at launchbut the flip side is that you will be sure when you get possession.
At Possession:
Alternatively, you may want to opt for one that has already reached the possession stage. Here, thevalues are at least 25 per cent higher than while it is under construction but there is no risk as the property is
ready-to-move-into or for fit-outs.
