We are aware that buying an under-construction property yields better returns than buying a ready-to-move-in property, all the more so when the property is in a booming city such as Navi Mumbai. They are comparatively more affordable and it is quite likely that you’ll get a year-on-year appreciation if you choose to invest in under-construction projects in Navi Mumbai. Apart from gaining higher returns, another big advantage of buying an under-construction property is that you can customise the details of your space to your preference.
There are certain factors you must make note of when planning to invest in upcoming projects in Navi Mumbai. A few of them are as follows:
Your budget
The most important aspect of buying an under-construction property is how much money you want to invest. It is your budget that becomes the deciding factor when aspects like location, size and amenities are concerned. Therefore, it is advised that you set your budget before you start considering your options.
Financing your investment
If you plan to buy the upcoming project with the support of a home loan or a third-party lender, it is ideal that you share your purchasing plans with your financial advisor and seek advice on how to qualify for a home loan and what steps you’d need to follow to reach the required credit score. You must allocate your funds and plan out your payment methods to make the investment process an easy one.
Location of the project
The location plays a rather significant role when it comes to choosing an under-construction property to invest in. You would want your home or office space to be easily accessible. When talking about Navi Mumbai, it is beneficial to be located near roadways and railways that connect you to cities like Mumbai and Pune, especially if it is a commercial project, like an office space. The locality and neighbourhood also matters quite a lot, especially if the upcoming project in question is a residential property. It is ideal that there are good educational institutions, medical facilities, and recreational centres in the vicinity of your space for maximum convenience.
Selecting the right builder
Making your deal with reputed builders and developers is mandatory. Their prominence in the real estate industry is a testament to their credibility and hence you can be rest assured that you’ll get the best offers and amenities. Having been in the real estate industry for 27 long years, we at Goodwill Developers have the experience and the expertise to serve our clients nothing short of the best. Reach out to us if you are looking forward to investing in upcoming projects in Navi Mumbai.
Amenities that came with the project
Most upcoming projects in Navi Mumbai will house top-notch amenities, like well-equipped gymnasiums, spacious banquet hall, swimming pool, sports arena, and many more. These amenities are built to elevate your lifestyle and make it more convenient. When choosing under-construction projects in Navi Mumbai, ensure that you see what amenities come with it.
Construction quality
Checking the quality of construction is mandatory, especially when you are considering investing in an upcoming project. You must physically visit the space and look at their show flats before deciding to invest in the property. Alongside, you should visit the other properties constructed by the same developer to inspect the quality of construction and take general feedback from the occupants there.
Legal documentation and verification
Ensure that your property documents, like property ownership documents and title deeds, are in order. Ideally, get them legally verified and scrutinised by your lawyer to ensure that your investment is legally sound and that you do not face any problems in future.
Conclusion
Most people favour buying under-construction properties, primarily since they have higher returns on investment and are comparatively lower in cost. If you are considering buying an under-construction project in Navi Mumbai, we at Goodwill Developers have ideal solutions for you, be it residential or commercial. Located off Palm Beach Road in Vashi, our premium residential project Goodwill Wisteria is all set to offer you infinitely more luxury, in terms of space, amenities and convenience. Visit our show flats to have a look at how your new home would look like.
If you are in search of commercial projects to invest in, we have just the space for you. Situated in Turbhe, Goodwill Bizhub is designed to offer you class-apart excellence. We have designed our spaces to suit your entrepreneurial needs, with designated floors for retail spaces, MSME units and boutique offices. The best part is that this under-construction property in Navi Mumbai is on the Thane-Belapur Road, and can be accessed with ease. If this interests you, do not hesitate to reach out to us.
Come make your property investments worth your while with us!