Here are some of the basics things to look for in any upcoming projects, this will determine your Return on Investment.
Price per sq ft:
Always check comparable properties are sold in the area – Price per sq ft = Sale price/total sq ft. This will give you the current market price. Remember new projects are usually sold on future value so expect premium but pick the project with a reasonable premium, don’t go blind, don’t get carried away, consider future factors such as upcoming developments in area, city plans etc.
Easier the payment plan, better it is. Depending on property type it may take anywhere 2-5 years before you get possession, so make sure you’ve clear visibility of your finances. Again, do not over stretch.
Proximity to Highways and Public Transport:
These two things will have a huge impact on the future value of your investment, make sure to check what exists and what is lined up for the future.
Builder past project:
Very important to research about builder past projects, read reviews, quality of work, gains, delivery timelines, this will ensure you’re making the right decision.
“REAL ESTATE is real investment” To know more speak to our expert Vinny Soni @ 647 680 0777