Mumbai: the financial capital of India. Under-construction projects in the city have more advantages thanks to rapid development over the years. With the Mumbai metro, new schools and hospitals, there has been a rise in demand for homes in prime areas, which is why L&T Realty has announced new under-construction projects in Navi Mumbai, Mulund, Ghatkopar and South Mumbai: all prime and affluent areas with excellent connectivity and premium amenities. Additionally, these under-construction projects come with a lot of advantages: modern designs, low initial costs, options for customisation, and future-ready homes.
Additionally, L&T Realty is known for its high-quality construction, innovative designs and timely delivery, as well as the use of sustainable practices and the latest technology that ensure faster completion and longer duration. We promise you a luxurious lifestyle and the benefit of community living.
Curious about what we offer in our upcoming projects? Find all the details below!
Both ready-to-move and under-construction projects in Mumbai are great investment options. They also bring in a major dilemma for most homebuyers; while they would prefer to buy a ready-to-move apartment so that they can shift into their house faster, buying an under-construction project comes with its own set of benefits. Let's look at some of them below!
There is a stark difference in the prices between a ready-to-move and under-construction project; statistics say that it can range from 10 to 30%, sometimes more. However, the price difference is worth the wait!
The price of a property increases as the construction progresses. Moreover, the infrastructural development of the area surrounding the project also adds value to the project. Take L&T Realty's under-construction projects in South Mumbai; the upcoming metro lines are likely to increase the property's value, making it an ideal choice for frequent commuters.
Under-construction projects in Mumbai also make for great investment options; this is because there is a longer window between the property's purchase and resale, meaning that you will get a higher return on investment in the end.
When you invest in an under-construction project, you get more flexibility in your payment options. You start by paying a token amount and then pay the rest as the construction progresses, finally paying the entire amount by the time it is completed.
Finally, once the project is ready, you can move in with the satisfaction that your home is new, customised according to your preferences, and has no maintenance problems. L&T Realty's properties come with the stamp of durability, as well as access to the latest amenities and facilities.