Pre Launch Projects Bangalore

Pre-launch that is also called soft launch is a condition where developer notifies an inner circle of agents and investors for the availability of properties in a project that has not been officially announced or put up in market. Generally, Pre launch spreads by mouth and by emails but it is not displayed on the developer’s website or any other social market or media.

Pre-launches are for those who are very keen to invest money in property in cheap rate. The price advantage as the mostly the properties are given at 10 to 15 % discount and can wait for few years before getting possession of the flats , here some of the major factors to consider while booking a pre launch or a under construction flat.

Pre–launch offers are high risk undertaking and are recommended for investors with high risk appetite. Before investing it is advised to go with the builder’s brand and track record. Several developers are coming out with pre-launch offers through advertisements and special invitations. However, according to experts this is completely illegal as developers are selling apartments even before the grant of the licence to develop the property.

 

Approval of bank is necessary-

 

If the home buyer is preparation to opt for a housing loan to buy a pre-launch property, then he or she should make sure that the project is being permitted by leading banks or finance companies. Instances where the project is not approved for home loans or developer have not obtained all the required approvals for the project, then the home buyer may be get in trouble.

Necessity of document approval-

The homebuyers and investors should make sure and cross check the agreement between the builder and the original main property owner of the land on which the project being constructed. Apart from this, the project should also have an intimation of disapproval (IoD), plan approvals from some of the local authority, legal title of the land and a joint development agreement (in case the project is in a partnership venture).

Pre-launch offers are high-risk undertaking and it is recommended for investors with high risk hunger. Before investing it is advised to go with the builder’s brand and their track records. So if you are going to invest in property then Bangalore prelaunch property is the best option among tha all. Here you can find all the developers very easily with some excellent connectivity and the connectivity would also make it attractable in the terms of reaching office , airport ,hospitals , schools and many more.

There are some good options of the property in Bangalore given below-

1-Brigade Group

2-Goyal & company.

 

Pre launch Projects Bangalore

Call- 9555666555

Or for more info

Visit- http://www.newprojectsbangalore.com