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Why you should Prefer New Launch Projects Over Ready-to-Move Apartments

Why you should Prefer New Launch Projects Over Ready-to-Move Apartments

Purchasing a house is an important step in life, and choosing between ready-to-move-in apartments and a recently launched project is one of the most major decisions that potential buyers must make. Due to a number of appealing advantages, new construction projects in Ahmedabad have gained popularity among homebuyers in recent years. This article explores the factors that impact this preference, highlighting the benefits that make new launch projects attractive.

1. More Affordable Pricing

Investing in a newly launched property gives many benefits, but one of the key benefits of investing is the opportunity for savings. Developers frequently provide these properties at reduced prices during the new launch stage. To attract buyers, they also give new launch discounts or flexible payment plans. This approach enables homebuyers to acquire properties at prices that are less than those of move-in-ready apartments. Moreover, by the time the project finishes, property appreciation benefits the buyers & gives them more value for the same property.

2. Higher Selection Flexibility

Purchasing a new launch project gives purchasers more options when it comes to choosing a unit. The benefit of being the first buyer is that they can choose the floor plans, views, structure, prime locations and direction that best suits their needs and preferences.  In ready-to-move-in properties, where options are restricted to existing available designed properties, the flexibility of picking all their preferences is unavailable.  ​

3. Prime Location Advantage

New projects are typically launched in well-planned, developing areas with superior infrastructure and growth potential. Ready-to-move apartments in prime locations are often scarce or priced at a premium, making new projects a wiser choice for future value appreciation.

4. Modern Amenities and Advanced Features

To appeal to modern customers, developers of new launch projects frequently include modern technologies and amenities. Modern parks and playgrounds, energy-efficient systems, Fitness & wellness centres, and improved security measures are a few examples. In addition to improving the quality of life, these amenities raise the property's long-term value. ​

5. Higher Return on Investment (ROI)

Compared to buying an apartment that is ready to move into, investing in a new launch property may result in a more significant return on investment. Investors are positioned to profit from sizable financial gains due to the initial reduced purchase price and possible property appreciation throughout the development phase. Additionally, there is frequently higher demand for real estate in recently built neighbourhoods, which raises property values even more. ​

6. Customization Opportunities

Buyers frequently have the opportunity to personalise some features of their future homes with new launch projects. To satisfy individual preferences, this could entail changing layouts, choosing finishes, or adding particular design features. Since the structural and design components of ready-to-move-in properties are already defined, such customisation is usually not possible. ​

7. Lower Maintenance Costs

Compared to older, ready-to-move-in flats, newly built properties typically require less care in the first few years. Homeowners can expect lower maintenance and repair costs with new fixtures, fittings, and building supplies, which will lower overall costs. ​

8. Flexible Payment Plans

To help buyers with their current financial state, developers of new launch projects frequently offer flexible payment plans, such as possession-linked plans, construction-linked plans, or delayed payment options, which make it easier for buyers to finance their purchases without experiencing excessive financial hardship.

9. Attractive Deals and Early-Bird Offers

Developers often offer exclusive deals, and discounts to those who invest early in new launch projects, which can help to reduce the total cost of the property. 

10. Get Notified About New Launch Projects

It can be difficult to find a perfect property in the real estate market and keep up with upcoming new launch projects, which is where professional real estate consulting firms like Vitalspace come in handy. With a wide network of builders and a committed team of experts, Vitalspace makes sure that clients are timely informed about new developments that fit their preferences and future plans, whether you're looking for 3 BHK flats in Shilaj, 4 BHK flats in Sindhu Bhavan Road, or 4-5 BHK flats in Iscon Ambli.

Conclusion

Pricing, customisation options, location, and potential returns on investment are some of the factors that must be carefully considered when choosing between a new launch project and a ready-to-move-in flat. Many homebuyers find that new launch projects are a better option because of their affordability, flexibility, modern amenities, and promising return on investment. Working with an experienced real estate consultancy like Vitalspace can further improve the homebuying process and guarantee.