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Pros & Cons of Pre launch investment !!

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Pros & Cons of Pre launch investment !!

Last updated: July 8 2012
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  • Pros & Cons of Pre launch investment !!

    Dear Estate Gurus,

    Am very new to the idea of RE investment and have invested first time in a pre launched project.

    A good question popped in my mind, what are the down sides of investing a pre launch, is it just that the builder might delay , becoz he might not get permissions, or is it that the project may get cancelled completely.

    Has this cancellation of project happened before with good/decent builders in the past, in a country like INDIA where money buys happiness ??


    A project like UNITECH in sector 70 has been delayed, and the investors are waiting for construction to start, but isn't the property still changing hands in this project, and aren't investors still making a little profit, if not HUGHE !!

    I really want to know the price movement in case of these kind of delayed projects.

    Like in case of UNITECH, SEC 70, Can u share, what price it was launched, what have you gained, what have u lost, what you culd have gained etc etc.

    This wuld really add to my knowledge of prelaunch advantage -disadvantage!!

    Thanks & regards
  • #2

    #2

    Re : Pros & Cons of Pre launch investment !!

    I bought Southpark in sector 70 in March in launch in March 2011.

    Its July 2012, construction has not started...

    Still the investors have paid only 30 lakhs and have got 25-30% return..Not bad actually

    Beauty of prelaunch/under constucted properties is the power of CLP

    so if bsp rises by 10% and the payment gone is 30%

    Net ROI = 10%/.30=33%
    Last edited July 6 2012, 08:59 PM.

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    • #3

      #3

      Re : Pros & Cons of Pre launch investment !!

      Congrats Amit.. Just saw Moderator Trainee under your name..
      Originally posted by amit001 View Post
      I bought Southpark in sector 70 in March in launch in March 2011.

      Its July 2012, construction has not started...

      Still the investors have paid only 30 lakhs and have got 25-30% return..

      Comment

      • #4

        #4

        Re : Pros & Cons of Pre launch investment !!

        Pros : U will gain great profit if u buy at prelaunch

        Cons : Even builders like Unitech, BPTP sink - they will delay the projects by years together and thera is nothing u can do other than getting ur money blocked . see ur self the example of JAYPEE - who was about to deliver prjects in 2009 and in 2012 also they are contructing ..may be they will take another 2 years to complete project they were to deliver in 2009 ..... now the ppl are finding tough even to sell those in resale at distress prices ..

        so this is gamble ... trusting builder other then 2-3 is real tough .
        Last edited July 6 2012, 09:28 PM.

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        • #5

          #5

          Re : Pros & Cons of Pre launch investment !!

          Thanks Manubhai

          Comment

          • #6

            #6

            Re : Pros & Cons of Pre launch investment !!

            Originally posted by sameer03 View Post
            Dear Estate Gurus,

            Am very new to the idea of RE investment and have invested first time in a pre launched project.

            A good question popped in my mind, what are the down sides of investing a pre launch, is it just that the builder might delay , becoz he might not get permissions, or is it that the project may get cancelled completely.

            Has this cancellation of project happened before with good/decent builders in the past, in a country like INDIA where money buys happiness ??


            A project like UNITECH in sector 70 has been delayed, and the investors are waiting for construction to start, but isn't the property still changing hands in this project, and aren't investors still making a little profit, if not HUGHE !!

            I really want to know the price movement in case of these kind of delayed projects.

            Like in case of UNITECH, SEC 70, Can u share, what price it was launched, what have you gained, what have u lost, what you culd have gained etc etc.

            This wuld really add to my knowledge of prelaunch advantage -disadvantage!!

            Thanks & regards
            Hi
            Greetings

            Following threads discuss the issue from various perspectives


            https://www.indianrealestateforum.co...istake?t=30539

            https://www.indianrealestateforum.co...aryana?t=16354

            https://www.indianrealestateforum.co...ure-11?t=31252

            https://www.indianrealestateforum.co...end-it?t=26676

            https://www.indianrealestateforum.co...buyers?t=16734

            https://www.indianrealestateforum.co...tments?t=21348

            http://www.indianrealestateforum.com...ble-35052.html

            Hope that helps.

            Cheers
            Last edited July 7 2012, 12:13 AM.

            Comment

            • #7

              #7

              Re : Pros & Cons of Pre launch investment !!

              Hi
              Greetings

              Please check with the following link for future reference and discussions
              https://www.indianrealestateforum.co...aryana?t=16354

              Thread henceforth being closed.

              Cheers

              Comment

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