Buying an apartment during the prelaunch phase can offer several strategic and financial benefits, especially for savvy investors or homebuyers looking to maximize value. Here’s why prelaunch is often considered the best time to buy an apartment:
Lowest Prices Offered
Developers typically offer the lowest prices during the prelaunch to attract early buyers and generate initial capital. These prices are usually 10–30% lower than those during later phases like launch or post-launch.
High Return on Investment (ROI)
Because you’re buying at a lower price, property appreciation over time can result in high ROI. Once construction progresses and demand increases, prices generally go up.
Flexible Payment Plans
During prelaunch, developers often provide more flexible payment options:
- Construction-linked payment plans
- Lower booking amounts
- Discounts or waivers on charges like floor rise or club membership
First Choice of Units
You get priority access to the best units—like corner apartments, park-facing flats, or higher floors—before others enter the market.
Customization Options
Early buyers sometimes have the option to customize interiors, such as flooring, kitchen layouts, or wall finishes, before construction reaches those stages.
Developer Incentives
To encourage early buyers, developers may offer:
Free car parking
Waived maintenance for a year
Complimentary modular kitchen or appliances
Caveat: Do Your Due Diligence
While the benefits are strong, prelaunch carries some risks, such as project delays or regulatory hurdles. Minimize risk by:
Buying from reputed developers
Checking RERA registration
Reviewing legal approvals and land titles
Forus Initiatives offers apartment projects at prime locations such as Punkunnam, chembukkavu etc. all close to major city conveniences and essential services.
In Summary: Prelaunch = High Risk, High Reward
Buying an apartment during prelaunch is best for:
Investors seeking appreciation
Buyers wanting value for money
Individuals open to waiting for construction
With the right checks in place, it can be the smartest phase to buy in terms of price, choice, and potential gains.
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