Under construction apartments are a rewarding alternative for any property buyer, whether they are looking for an investment or a permanent home. Under construction apartments are less expensive than apartments that have been completed.
The best time to buy newly Ongoing Projects in Hyderabad is now
The rising population’s need for cheap housing and an annual increase in the number of nuclear families make buying a property in Hyderabad a stable, secure, and successful investment option. And, with affordability at an all-time high and home loan interest rates at historic lows, now may be the perfect moment to buy an ongoing construction project in Hyderabad, whether for personal or investment purposes.
But the dilemma of which investment to make has always remained.
Should one buy an ongoing gated community project in Hyderabad or a tried-and-true resale flat from the homeowner? If you’re in the same boat as the majority of first-time investors, we’re here to help.
Our real estate experts concluded that freshly constructed 3 or 2BHK Flats for Sale in Hyderabad are preferable for both long and short-term gains after carefully analyzing existing demand for housing properties, development forecasts in Hyderabad, and evaluating the current circumstances.
Here are five advantages to invest in under construction apartments in Hyderabad
• RERA – Satisfactory delivery or your money back!
The Real Estate Regulation and Development Act, or RERA, is a boon for homebuyers. Gone are the days when homeowners were duped by developers. The new law makes it illegal to sell or advertise flats unless they’ve been registered with RERA and the authenticity documents have been published to their website. With RERA in place, builders are unable to postpone or prolong the promised occupancy date of upcoming residential projects in Hyderabad 2021. If the builder fails to do so, you will be entitled to a full refund, plus interest.
The cost of real estate per square foot continues to rise as the years’ pass. It’s one of the reasons we advise you to purchase an Upcoming Projects in Hyderabad. For example, the cost of an under-construction apartment in 2019 will almost certainly be lower than the cost of the same unit when it is ready to move in 2021. Real estate price changes hardly ever go down. In light of these considerations, purchasing 2 or 3 BHK Flats for Sale in Hyderabad is the best option.
• Simple to sell
In comparison to its counterpart, under construction apartments in Hyderabad in 2021 sell quickly. This is because you know it’ll either be ready by the guaranteed occupancy date or you’ll receive your money back plus interest. So, if your mind changes in the future, sell it and buy the one you want. That’s it!
• Higher return on investment
Investing in pre-construction flats is a terrific method to boost your return on investment. Purchase upcoming construction projects in Hyderabad in the earliest feasible stage of construction so that you can resell them at a higher price a few years later. Even if interest rates remain unchanged, a ready-to-move-in flat will inevitably cost more than one that is still under construction. It’s similar to a stock exchange, but without the risk of losing money.
• Perfect for buying and selling (rapid development)
As previously said, increased infrastructure and facilities are attracting a growing number of working-class residents to Hyderabad. Because the development is still in its early phases, you may expect a larger demand for ready-to-move-in apartments in the near future. As a result, purchasing an under-construction property now and selling it when it is finished in the near future will provide you with a windfall of profits.
As a residential hub, this suburban community is rapidly expanding and developing. Chandanagar is the ideal residential gated community in Hyderabad, Telangana, for IT professionals, as it is considerably more inexpensive than other nearby tech zones. Its proximity to HITEC City and Gachibowli IT centres makes it an ideal location for a residential hub. Because of its tremendous growth potential, ongoing residential projects in Chandanagar, Hyderabad is in high demand for both business and residential purposes.
• Added Value with World-Class Amenities
The inclusion of modern, world-class amenities increases the value of your luxury property significantly. A swimming pool, clubhouse, outdoor entertainment areas, and children’s playgrounds would all be available in a luxury apartment in a gated community. A luxury gated community in Chandanagar developed by a recognized builder would be the finest alternative for your luxury apartment investment for increased value.
• Schools and hospitals are within walking distance.
Always check to see if there are any hospitals or schools in the vicinity. Anyone who chooses to reside there would expect basic services such as schools and hospitals to be close by. A neighbourhood with reputable schools and specialist hospitals will attract a higher price.
Within a 10-kilometer radius of Chandanagar are a number of prestigious schools and colleges, including the Indian School of Business (ISB), the Indian Institute of Technology (IIT), and the International Institute of Information Technology (IIIT). Many healthcare facilities, including Apollo Clinic, Pranam Hospital, BHEL Hospital, and Mytri Hospital, are located nearby.
Hyderabad is a fantastic city to live in, and if you’re an IT worker looking to relocate, the above-mentioned locations are the greatest places to live in Hyderabad. With a little research and prioritizing your needs, you can choose from any of the above areas to live a happy life.
Consider Sharvani Ventures & Avenues. Our gated community in Chandanagar offers magnificent 2/3 BHK apartments with the best facilities and amenities in a lush, tranquil environment, making it a dream for property buyers in Hyderabad. Chandanagar will be the basis of development in Hyderabad, with Sree Hemadurga Paradise’s announcement of new IT parks, an extension of MMTS to Rayagiri, and the construction of flyovers to strengthen the highways.
A new home provides better facilities and amenities, has a superior design, is more affordable, and yields higher financial returns. As a result, choosing a 2/3 BHK in Chandanagar can provides you with the finest returns in Hyderabad. And if you’re looking to buy a new house in Chandanagar, Sree Hemadurga Paradise is the best gated residential community in Hyderabad, maximizing your financial returns while providing the best possible living experience in Hyderabad.