Any idea if there's a possibility to make some profits by getting a property at pre-launch from the tops builders (Prestige, Brigade types) and sell it 3-4 years later (Near possession)
I'm hearing a few folks actively doing this in Bangalore.
Yes you can do it if you get a good deal, ensure you don’t register the prop in your name..
Anything & everything is possible.
Obviously there is profit but is it risk free?
The builder knows the value of his project better than anyone else.
The risk you are shouldering is:
Whether project will be completed (Less of a risk with Prestige like builders and hence the discounts are lesser as well)
Risk of whether the commitments/quality will be held up.
Market risk: You are trying to predict how the RE market will look like 3-4 years down the line.
Location risk: Today the eastern part of the city is hot but as metro lines open up, the dynamics of the market is fast changing.
You make a profit for shouldering these risks. Think it through and invest
