Godrej MSR City's pre-launch price begins at Rs. 1.18 Crore onwards and goes upto Rs. 1.84 Crore. These prices are set for 2 and 3 BHK apartments with sizes ranging from 1186 - 1876 sq. ft. Its prices are set at Rs. 8700/ sq. ft. The pre-launch prices are available for a limited period. Post-launch the prices of the flats will increase and will be set as per the trending market rate.
In the pre-launch stage, the builder offers many discounts and deals of upto 10-20% on the sale of the units. These are changed after the project launch, and new offers are applied later. The EOI of the units will begin soon and the buyers will be updated about it.
Godrej MSR City is a premium residential project by Godrej Properties, located in the upscale area of Devanahalli, Bangalore. Spread across 62 acres, Phase 1 of the project features 1,961 apartments. Construction of the flats will begin in April 2025 and is expected to take five years, with possession scheduled after March 2030. The project has received RERA and other necessary approvals.
The pre-launch prices are an easy way to attract buyers and help builders to promote the project. This also helps buyers to get their dream homes at affordable price plans. After launch, the offers are removed, and in a later stage, the resale value of the flats also increases.
Affordability - One big benefit of buying a pre-launch property is the lower price. Builders sell these homes at a cheaper rate in the beginning to attract early buyers. They also do this to raise money for the project. This early price is usually much less than the price after the project is completed. So, early buyers can save a lot of money.
High potential of appreciation - The flats bought at pre-launch price promise higher returns in the future. The low starting price is a big advantage for buyers. As the property develops, its value starts to increase. The growth of the nearby area also adds to the rise in value. This price rise is helpful for investors who want to grow their money and earn good returns.
Option to choose - Buying a property in the pre-launch stage gives buyers the 1st choice. They can pick the apartment, floor, or plot of their choice. It lets them choose what suits their needs in size, view, or location. Builders may also allow some changes in the unit. They can add personal touches early, which is not always possible later.
Flexible modes of payment - To attract early buyers, developers often offer flexible payment plans. These may include low down payments and longer time to pay. Sometimes, they also give interest-free installments until the project is finished. This makes it easier and more affordable for people to invest.