The pre-launch price of the Arvind the Park ranges from Rs 78 lakh to 1.56 Cr. The prelaunch price basically starts at 0.93 Cr for the 1200 sq ft plot and Rs 95 lakhs for the 1500 sq ft. The prelaunch cost of the 2000 sq ft plots is 1.2 Cr onwards, and the 2400 sq ft plots begin at Rs 1.56 Cr. The prelaunch price per sq ft is fixed at Rs 7000 onwards, all-inclusive except registration fees.
The prelaunch price of project Arvind the Park offers up to a per cent discount on the basic price of plots as a prelaunch offer for early birds.
The prelaunch period of Arvind Park is the time interval when the builder is getting ready to launch the project, with advertising and collecting EOIs from potential buyers. At this stage, the builders will usually fix the price of the plot at lower prices than ever. Once the project is launched, the price will usually vary from Rs 500 to Rs 1,000 per sq ft.
The prelaunch review of Arvind Park has got an outstanding Rs 4.5 out of 5 for good buyer satisfaction, and over 60 per cent of the plots got booked in the prelaunch.
The prelaunch price is the lowest price ever of Arvinthe Park; the park will be available with up to 9 to 10% discount off the price. Also, in some cases, there is a chance of making other charges free of cost. The prelaunch of the park has sold up to 60 per cent of the plots with EOI.
The prelaunch price buying also benefits the buyer with the plots but with their preferences and customisation of plots. Also, at this stage, there will be the same price for the preferred facing of the project, and we won't be charged the extra price for the vastu facing.
At this phase, the builder will offer the same Early Bird offer; this prelaunch price offer will benefit them, with 3 to 4% less interest over the loan amount available by the builder's side because these will provide the funds to the builder and prevent the builders from going for investments from financial firms. If the plots are booked at the launch price, the builder will get initial funding. The amount of interest he saves will be given to the buyers as a price discount.
The plots that are bought during the prelaunch price will be the last ever once the project is completed and registered to the buyers in 4 to 5 years; as of the current real estate trend, the property prices of the plots are rising in the range of 7.79%. Per year. So that in the coming five years, the investor can get a total hike of Rs half the total amount.
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