UNDER-CONSTRUCTION PROPERTIES

UNDER-CONSTRUCTION PROPERTY – WHY DOES IT
MAKE SENSE TO INVEST

When looking to buy a house, one dilemma often faced by the homebuyers is whether to invest in under construction project or opt for ready-to-move-in. Both of these come with their own set of advantages, and the trends in the country’s real estate market tend to switch in favor of one or the other. While increasingly the consumer preference is for ready-to-move houses, the under construction properties come with their own set of benefits. Let’s find out below.

BENEFITS OF
UNDER-CONSTRUCTION PROPERTIES

Properties under construction come with flexible pricing options like staggered payment plans thus making them easier on the wallet than ready-to-move-in houses. With all other factors like location, size, and amenities remaining the same, a property under construction is often more affordable than a completed home with the same features.

Properties under construction also make for excellent investment options, primarily because there’s a longer window of time between paying for the property and selling it. Since you will be buying the property at a lower cost, the appreciation tends to be higher. Additionally, the GST rates on under-construction houses has also been slashed down to 5% from the earlier 12% and 1% from 8% for affordable housing projects.

Overall, if you opt for under-construction property, you will end up paying lesser for the property, which will be beneficial in the long term. However, when opting for an under-construction property do ensure to evaluate the developer’s delivery history. Many builders either cause excessive delays in the project or fail to deliver the house altogether, resulting in heavy financial losses. To avoid this, it’s advisable to buy only from trusted builders with years of industry experience and a history of consumer satisfaction. Another possible problem with under-construction houses is that new regulatory policies could affect their prices and/or delivery.

FEATURED PROJECTS

Residential

Amara

Typology: 1, 2, 3 BHK

Price: ₹ 73.5 Lacs+

Location: Kolshet Road, Thane

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Residential

Upper Thane

Typology: 2 BHKs

Price: ₹ 59.9 L+(all-in)

Location: Mumbai-Nashik Highway, Thane

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Township

New Cuffe Parade

Typology: 2, 3 & 3 Bed with Garden Residences

Price: ₹ 3.34 Cr+

Location: New Cuffe Parade, Mumbai

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Residential

Lodha Eternis

Typology: 2, 3 BHK

Price: ₹ 1.95 Cr+

Location: Andheri East, Mumbai

 

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Residential

Lodha Belmondo

Typology: Studio, 2 & 3 Bhk

Price: ₹ 55 lac+

Location: Pavana River, Mumbai-Pune Expressway.,

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Residential

The Reserve

Typology: 4 Beds, Country Houses, Villas

Price: ₹ 2.42 Cr+

Location: Pavana River, Maharashtra, India

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Residential

Codename Bullseye

Typology: 1, 2 BHK

Price: ₹ 65.23 Lacs+

Location: Mira Road (E), Mumbai

 

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Commercial

One Lodha Place, Lower Parel

Typology: Offices for Sale

Price: ₹ 3.37 Cr+

Location: Lower Parel, Mumbai

 

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Commercial

Lodha Supremus, Andheri

Typology: Offices for Sale

Price: ₹ 1.78 Cr+

Location: Pavana River, Maharashtra, India

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Residential

Lodha Primo

Typology: 2, 3 BHK

Price: ₹ 4.54 Cr+

Location: Parel, Mumbai

 

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Residential

Aquaville Series

Typology: 1,2 & 3 BHKs

Price: ₹ 43.15 Lacs+

Location: Palava City

 

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Residential

Prime Square

Typology: 1, 2 & 3 BHKs

Price: ₹ 43.15 Lacs+ #

Location: Palava City

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Residential

Codename Golden Ticket

Typology: 1, 2 BED

Price: ₹ 34.38 Lacs+

Location: Mira Road (E), Mumbai

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Residential

Lodha Panacea

Typology: 1,2 BHK

Price: ₹ Price on Request

Location: Kalyan-Shilphata Road, Mumbai

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Residential

Crown Taloja

Typology: 1 BHK - Ready, 2 BHK - Under Construction

Price: ₹ 33 Lacs+

Location: Taloja Bypass road, Mumbai

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Residential

Casa Zest

Typology: 1 & 2 bed

Price: ₹ 63.9 Lacs+

Location: Kolshet Road, Thane

 

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Residential

Lodha Unica

Typology: 1 BHK

Price: ₹ 98.46 Lacs+

Location: Off Western Express Highway, Mumbai

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Residential

Casa Marvella

Typology: 1, 2 & 3 BHKs

Price: ₹ 42.5 Lacs (All-in^)

Location: Palava City

 

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Residential

Codename Smart Buy

Typology: 1 BHK, 2 BHK Optima, 2 BHK Ultima, 3 BHK

Price: ₹ 39.9 Lacs+

Location: Palava City

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Residential

Lodha Serenity

Typology: 3 BHK Ultima, 4 BHK Duplex and 4 BHK Penthouse

Price: ₹ 1.20 Cr+

Location: Palava City

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Residential

Crown GB Road

Typology: 1 BHK

Price: ₹ 42 Lacs +

Location: Ghodbunder Road, Thane

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Residential

Lodha Bel Air

Typology: 2, 3 BHK

Price: ₹ 2.19 Cr+

Location: Off Western Express Highway, Mumbai

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Residential

Lodha Seamont

Typology: 3, 4 BHK

Price: ₹ On Request

Location: Andheri East, Mumbai

 

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Residential

Lodha Trinity

Typology: 3 BHK

Price: ₹ 1.02 Cr+

Location: Palava City

 

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Residential

Casa Greenwood

Typology: 1, 2, 3 BHK

Price: ₹ 67 Lacs+

Location: Off Western Express Highway, Mumbai

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Residential

Codename One & Only

Typology: Villa Plots

Price: ₹ 1.37 Cr (All In^)

Location: Off Mumbai-Nashik Highway, Thane,

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Commercial

Codename Great Gains, Thane

Typology: Offices for Sale

Price: ₹ 62.9L - 82.9L (All-in)

Location: Palava City

 

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Commercial

Lodha Supremus, New Cuffe Parade

Typology: Offices for Sale

Price: ₹ 1.26 Cr+

Location: New Cuffe Parade

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