An under-construction property can offer flexibility in home design and attractive payment methods. Buying into an under-construction project works for homebuyers who are not in a hurry to move in. Launch rates are attractively lower than for a home that has progressed past the early stage of construction. Goa is a prime destination for realty investment as the place is scenic, peaceful, and affordable. North Goa is the primary investment destination for home buyers, being the state’s commercial and economic capital. North Goa is the best place to invest if you are looking to get a good return on your investment. Rent and resale values are also higher in North Goa.
Lower cost
The most important thing for a buyer is the cost of a property. An under-construction property costs less than a ready-to-move-in property. Buyers have more options when it comes to under-construction properties. The wait may be longer but it is worth the cost. With the Real Estate Regulatory Authority in place, developers must deliver on time and if they don’t, they are liable to pay compensation to buyers.
You need to go with a reliable developer and choose a good project. Classic Squares is a trustworthy property development and construction company in Mapusa, North Goa. Their new under-construction project Zion Square 2 Apartments in North Goa are reasonably priced and provide the best in terms of amenities and living spaces to those looking for a home. One should not just buy a property because the cost is less, there is an added benefit of booking a flat in an under-construction project – the buyer is safe and secure. Since you enter an under-construction project, the price points are low – which simply means that your investment grows in value over a period of time.
Payment Flexibility
While investing in a completed property, you will have to pay the entire amount at once. There is the registry cost and other miscellaneous expenses as well. Whereas, you are paying just 10 or 15 percent as a booking amount when you buy under-construction projects. In the case of financed properties, you pay EMIs to the banks, or you pay according to the construction plan. There is flexibility when it comes to payment and you do not need to arrange a huge sum to buy an under-construction flat.
Owning Property in Goa
Investing in under-construction flats In Goa offers the unique opportunity to have a second home as well as a property investment that is safe and intelligent. Goa, being a popular tourist destination for local and international tourists ensures that the return on investment is good and the resale value is sizable. Goa offers three broad choices in terms of location, coastal, placed in the villages of the hinterland, and in the cities. Most Reasonable apartments in North Goa in Goa tend to be situated away from the beach, mostly located in busy cities. Classic Squares offer flats for sale in duler Mapusa and is considered one of the best property developers in North Goa.
Discounts and Offers
An offer or discount on a ready-to-move-in property is hard to come by. It is a complete house, so you will have to pay the market price or even more depending on the amenities. In contrast, if you are buying in an under-construction development, you can get discounts and offers on yearly maintenance, parking, and others. You can also negotiate on the final price as buyers have many options.
