Pre-launch projects are newly-introduced ventures that are awaiting approvals and are not yet launched officially. These projects are considered the best option for investment by buyers and investors. Located in the top IT city, these are presented at affordable prices and are suitable for all buyers. The pre-launch projects are usually sold at below trending prices from the area they are in. These offer all types of houses and plots with different needs. Bangalore is home to many new pre-launch projects by the best builders, including Godrej Properties. The units can be customized and also yield higher returns.

Here is a list of advantages of investing in pre-launch projects in Bangalore:

1. Lower prices - The prices of pre-launch projects are lower as compared to launched projects. The builder offers properties at lower rates to attract more customers. These are usually 10-15% below the trending property prices of the locality where they are located. Investing in the pre-launch stage and cutting higher expenses in the future.

2. Better returns - The pre-launch projects offer better returns and high rentals in the future. Buyers investing in this stage can get better deals that suit their budgets. These prices of the units will change in the near future and will give higher returns. Post completion, the units' prices will increase upto 10-15%.

3. Option to customize - The pre-launch units give buyers an option to customize units as they will. Buyers can select the floor of the unit in case of an apartment project. They can also build rooms, kitchens and toilets as per their plan. These are ideal for people who create innovative interiors of their dream homes.

4. Know about the quality - The quality of the units can be traced in the pre-launch stage of a project. These are regularly updated and are also visible on the site. Buyers can visit the site to get full information about the quality of the homes.

5. Option to check the legal clearances - In the pre-launch stage, the builder takes time to get NOCs and approvals. The main state broad RERA approval is cleared in this stage. This assures buyers that the property is safe for investment. It also shows the builder's attentive work and high-end quality.

There are several more benefits of investing in a pre-launch project. Various offers and deals are given to lure buyers and increase the sale of the units. The payment plan is below the actual plan to meet the financial needs of the buyers.

Godrej Properties pre launch new project is Godrej Tiara