Be a Smart Investor. Invest in an Under Construction Villa in Goa
The
Indian real estate space has evolved a lot in the past few years. The luxury
space is shaping in a big way. A ot of people are looking to invest in a Villa
Whether it is a sea-side Villa in the heart of Goa or one in the outskirts of
the city. Each of them has its own charm. They are comfortable Spacious and
wholesome:
The
demand for Villas has catapulted in the last few years. Many people are now
looking to invest in villa due to the obvious advantages that it offers.
However. Investing in villas in Goa
is a heavy investment. Hence it is always advisable to invest in a villa that
is under construction. Here are some of the benefits that you get from buying a
villa that s still under construction.
Better rate of Investment
This
is the biggest advantage to opt for a property that is under construction. The property
that is under construction has a better chance of escalation and thus yields a
better return on investment. There is a chance of appreciation even in ready to
move property too but usually the rate of increase is not as much and thus the
returns are not as handsome.
Pocket Friendly
Under
construction properties are lighter on the pockets than the ready to move ones.
This holds true even in the case of a Villa. An under construction property in
the same location. Locality and by the same real estate developer in Goa
will cost 10-30 percent less than a ready to move in. While for under
construction property. You will have to wait till the property is readily to
shift in but the price difference surely makes it worth the wait.
Flexible Payment Schedules
When
you opt for a villa that is under construction. Then there are chances that the
builder will offer you options to pay the amount i instalments rather than in
one go. Most under construction projects in India have a construction liked
payment plan. The buyer has to pay a certain percentage at the time of booking
and then another chunk when the building is ready and so on. There are many
options that you can consider and these can be negotiated with the builder or
developer to arrive at the plan that suits the best.
Scope for Customization
Another
big advantage to opt for a project that’s still in development is that there is
a scope for customization. If there is something that you don't like or if
there is something specific that you want you can communicate to the builder
and get it incorporated. It is cheaper to accommodate changes while the
building is being constructed than doing it post-completion. Making changes in
a ready building often means breaking or removing something from the current
scheme of things and then doing it all over again.
Low Cost of Maintenance
When
you opt for an under construction villa then you move into a brand new property
as soon as it is completed. This necessarily means that you will get to enjoy
the latest trends, facilities and face no maintenance issues for a long time to
come.
Wider Choice
When
you are out in the market to buy a villa in Goa. There
are limited ready to move inventory with the builders. However. When you expand
the search to include properties that are still being constructed you have more
choices. Given that Villas are an upcoming trend. There are many builders that
are looking to cater to the demand now. Most of these projects are in various
stages and you can choose a project that you like the most.
If
Villa is that you have your heart on, then Axis Ecorp too has an upcoming
project that might interest you. Axis Yog Villas is a state-of-the-art project
that is taking shape in North of Goa. It is packed with all the modern features
and amenities that you would want from a home. Surrounded by lush greenery it
is a perfect home. Away from home and you get your own personal swimming pool
to unwind when you want.
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