Things To Consider When Buying A Branded Property - Page 3

Things To Consider When Buying A Branded Property

By siliconindia   |   Monday, August 12, 2013

How much premium buyers need to pay?

"However, the premium will depend on the brand's international stature, though there is currently no scale of reference when it comes to real estate. You can expect to pay for the privilege, but also get what you paid for," said Anuj Puri, chairman and country head, Jones Lang LaSalle India.

Usually buyers who seek branded home are expected to pay around 25 percent premium over and above the rates of the luxury residential project, he added.

What are the advantages?

High return on investment is the most obvious advantage branded properties provide. Premium branded properties include amenities like swimming pool, open parks, recreation centre, security systems and good parking facilities, which make the resale value of the property go vertical, according to Hiranandani.  Even there are developers who offer warranties on their properties for a certain period of time.

Also Read: Should You Invest In Abroad Properties?

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