Advantages of Investing in Under Construction Apartments in Chennai, Tamil Nadu
by Diksha Dsouza Latest FashionInvesting in real estate is considered one
of the most profitable and secure ways of investing money. Chennai is a
fast-growing metropolitan city, and the real estate market is booming with
several options to invest in under-construction flats, villas, and apartments.
One of the reputed names in the real estate market of Chennai is Casagrand. Let
us explore the benefits of investing in under-construction flats in Chennai.
- Affordable pricing:
Under-construction flats are usually available at lower prices than
ready-to-move-in properties. Developers offer attractive discounts and
schemes to attract buyers. Casagrand has new houses for sale in Chennai at
competitive prices, making it an attractive option for investors.
- Customization: Under-construction
properties offer the benefit of customization. Buyers can discuss and
negotiate with the developer for any changes or upgrades they want in
their flats or villas. This customization option is not available in
ready-to-move-in properties.
- Higher returns: Investing in
under-construction properties can yield higher returns in the long run. As
the project nears completion, the value of the property increases, and the
investor can make a substantial profit by selling it. Casagrand has
several flats
for sale in Chennai that have shown appreciation in value over the
years.
- Amenities: Developers usually offer
several amenities in under-construction properties to attract buyers.
These amenities include swimming pools, gymnasiums, children's play area,
and landscaped gardens. Casagrand has villas in Chennai that offer several
amenities that cater to the needs of families.
- Location: Chennai is a vast city,
and there are several areas that are developing rapidly. Investors can buy
flats for sale in Perungalathur, houses for sale in Pallikaranai, apartments
in Kelambakkam, flats in Tambaram, or apartments in Manapakkam, depending
on their budget and preferences. Casagrand has new apartments in
Sholinganallur, house for sale in medavakkam, house for sale in mogappair,
and flats for sale in Perungalathur, catering to a diverse range of
buyers.
- Tax benefits: Investors can avail
of tax benefits on home loans taken to purchase under-construction
properties. This benefit is not available for ready-to-move-in properties.
- 1 BHK flats: Chennai has a
considerable demand for 1 BHK flats, mainly due to the influx of young
professionals and students. Casagrand has several 1 BHK flats for sale in
Chennai, making it an attractive option for investors looking to invest in
affordable properties.
- Individual houses: Some buyers
prefer individual houses to flats and apartments. Casagrand has individual
houses for sale in East Tambaram, villas in OMR, and individual
house for sale in perungalathur, villas for sale in Navalur,
individual house for sale in pallikaranai catering to the specific needs
of buyers.
Investing in under-construction properties
can be a smart investment decision, provided investors do their due diligence and
research the developer and the project thoroughly. Casagrand is a trusted name
in the real estate market of Chennai and has several projects across the city.
Investors can choose from a range of options, including flats, villas, and
individual houses, depending on their preferences and budget.
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Created on Mar 28th 2023 10:17. Viewed 205 times.
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