The introduction and implementation of the Real Estate Regulation Authority (RERA) in Bangalore and elsewhere have led to many benefits. The builders are now completing the projects on time. It is majorly because builders can’t move away from funds dedicated for a project to another one.
It has also been able to bring back the confidence of people into the real estate industry. As a result, pre-launch projects are back in the reckoning and gaining their lost sheen. A pre-launched project is something that can be announced even before its construction gets started.
If the builder has an excellent track record, these projects can prove to be a viable investment. If you book such pre-launch projects early, the real estate Bangalore scene could be beneficial to you. Yes, you may earn some early bird discounts of up to 20% or more. It is also the strategy of the builders to get enough people on board and go ahead with the construction.
If you want to make the most of the real estate Bangalore scene, then this post lists out the leading pre-launch projects in Bangalore.
Leading pre-launch projects in Bangalore
1). Sobha Lake Garden – KR Puram
Although KR Puram is a notorious place for traffic jams, so is the overall Bangalore traffic, right? That should not stop you from booking Sobha Lake Garden. The property promises an oasis of peace by the lake. It is expected to 677 apartments in 1, 2, 2.5, and 3BHK units. It will be a treat for nature lovers as you will lap up amenities such as jogging track by the lake and a kayaking corner. It is a RERA registered project.
2). Shriram – Codename – Take it easy – Whitefield
This project is to be located in the IT hub of Bangalore – Whitefield and is being considered a perfect combination of comfort and luxury. Yes, right from world-class facilities and elegant aesthetics, you can get all but at a competitive price. The planned setting is to create well-designed 2 and 3 BHK condominiums and duplex. It will be overlooking a 250-acre lake and surely a luxury living at not so pricey prices. Needless to say, investing in this project will hand over you higher ROIs.
3). Rohan Upavan – Off Hennur Road
Rohan Upavan has been able to garner enough buzz among investors and is located off Hennur Road. The project offers apartments in 1, 1.5, 2, and 3 BHK units beginning at just Rs.29 lakh. You can invest in this pre-launch real estate Bangalore project as it offers many features like:
- Great upcoming location
- Closeness to Outer Ring Road and IT hubs
- Offers you lake view homes
You have an idea about some pre-launch real estate Bangalore projects.
Thus, be it the discussed ones or the Valmark Orchard Square, you should decide after determining all factors. You can also connect with a real estate expert to help you make a decision.