Till a decade or two back, there were two major types of homes that appealed to families, one that was right at the heart of the city or in the surrounding areas of the CBD which would offer the best of urban facilities in a city like Mumbai and another that was a more economic investment and had pleasant settings, lots of spaces and a less polluted environment to offer. With focus shifting to better health, renewed interest in spacious homes and a calm neighborhood, Powai projects are exactly what modern families are looking at. A Powai project is the perfect abode for adults, kids and the elderly. The advantages of the location are just a bonus.
Homebuyers and investors typically have predetermined sets of preferences as to which type of Powai new projects would be ideal. Any Powai new project can be classified into various subcategories. The classifications are upcoming projects in Powai, pre launch projects in Powai, under construction projects in Powai, ongoing projects in Powai and ready possession projects in Powai. This categorization is usually done taking into account the timeframe of completion, progress of work and the current status of every Powai project.
Click picture to view details for Bhagtani Krishaang Powai Mumbai By Jaycee Homes Ltd.
Click picture to view details for Bhagtani Serenity Powai Mumbai By Jaycee Homes Ltd.
Click picture to view details for Bhagtani B14 Powai Mumbai By Jaycee Homes Ltd.
Click picture to view details for 8 Towers Powai By Nahar’s Amrit Shakti.
Click picture to view details for Yarrow Yucca Vinaca Powai By Nahars Amrit Shakti.
Click picture to view details for Sai City II Sapphire Powai By Indiabulls.
Click picture to view details for Emerald Isle Powai By L&T Realty Limited.
Click picture to view details for Raj Grandeur Powai By Rajesh Lifespaces.
The new projects in Powai would normally refer to the entire plethora developments and include every category. The upcoming projects in Powai would be the ones that have just been launched and have a scheduled timeline of completion, usually about two to five years from present day as the case may be depending on the size of the Powai new project and the work progress capacity of the developer. The pre launch projects in Powai would be referred to as those that are yet to be launched. The plans of such Powai projects are usually approved by the regulatory bodies and the developers are at the brink of starting extensive developments of the lot of land. The under construction projects in Powai would be those that are neither at pre launch nor upcoming. They would be typically in the beginning stages of construction but a significant majority of the development is still pending or about to be accomplished. The ongoing projects in Powai can be referred to as those which are nearing completion. These new projects in Powai would have several portions of the project developed already and can be anywhere around a few months to a year or two from the date of possession or handover. Ready possession projects in Powai should ideally indicate those that are ready to be handed over but in reality, any Powai projects that is about a few weeks from possession or has been already completed a few weeks to a few months before would be classified in this category.
Families or investors that invest in Powai projects need to look at these factors while checking out any new project in Powai. While it is normal for anyone to have a certain preference, it is ideal to check out various other factorials and influencers to gage the best possible investment option.For instance, Powai project appreciation would be integral to any decision making. At times, Powai projects that have been launched get appreciated better than those that are in pre launch or under construction stages where as in many cases upcoming projects in Powai or those that are under construction may have better Powai project appreciation than the already launched or the ones ready for possession.When you do know why to invest in Powai is a sorted dilemma, choosing the ideal property in terms of its present status and Powai project appreciation should be two determining and quintessential influencers.
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