What are the Pros
of buying an Under
Construction Property?
Builder will customize the house to some extent
according to your needs.
#1
The Pricing of the property will be very
attractive.
#2
Get the novelty and joy of getting a new
property.
#3
You can monitor the quality of construction
of the builder.
#4
What are the Cons
of buying an Under
Construction Property ?
There is a risk of the project getting
abandoned.
#1
There is also a risk of the project getting
postponed.
#2
Cannot get the benefit of getting rental
income immediately.
#3
The builder may not deliver all that he has
promised.
#4
The builder may raise the prices citing
reasons of increase in construction costs.
#5
What are the Pros
of buying a Ready for
Possession Property?
What you see is what you get and there is no
place for surprises.
#1
You know that the price you are going to
pay for the property isn’t going to change.
#2
All the amenities on the apartment are
already in place.
#3
You get to know the neighbourhood better
and interact with the people.
#4
What are the Cons
of buying a Ready for
Possession Property?
The transaction costs you will incur will be
higher.
#1
The property price tends to be at the full
market price.
#2
The joy of building & customizing a new
property will be missing.
#3
The fittings that are used inside the house
might be outdated.
#4
Which Property is better for You?
Ready to Move in
or
Under construction?
It is for you to decide whether to go for an
under construction home or a ready to move
in flat.
If you have enough savings and ready to
pay EMIs for a longer tenure, then going for a
ready to move in property built by ...
Looking for answers for
your property questions?
CommonFloor.com is India's leading property search portal.
On a mission to make property search hassle-free, transparent a...
Understanding the Pros & Cons of Ready To Move In V/s Under Construction Homes
Understanding the Pros & Cons of Ready To Move In V/s Under Construction Homes
Understanding the Pros & Cons of Ready To Move In V/s Under Construction Homes
Understanding the Pros & Cons of Ready To Move In V/s Under Construction Homes
Understanding the Pros & Cons of Ready To Move In V/s Under Construction Homes
Understanding the Pros & Cons of Ready To Move In V/s Under Construction Homes
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Understanding the Pros & Cons of Ready To Move In V/s Under Construction Homes

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While buying a home for you and your family, every decision needs to be taken meticulously. As a first time home buyer, there will always be two options before you. First, to go for a house under construction and second, to opt for a ready to move in house.While both options may ring different tunes to different buyers, you should be aware of the advantages and disadvantages associated with both the options.

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Understanding the Pros & Cons of Ready To Move In V/s Under Construction Homes

  1. 1. What are the Pros of buying an Under Construction Property?
  2. 2. Builder will customize the house to some extent according to your needs. #1
  3. 3. The Pricing of the property will be very attractive. #2
  4. 4. Get the novelty and joy of getting a new property. #3
  5. 5. You can monitor the quality of construction of the builder. #4
  6. 6. What are the Cons of buying an Under Construction Property ?
  7. 7. There is a risk of the project getting abandoned. #1
  8. 8. There is also a risk of the project getting postponed. #2
  9. 9. Cannot get the benefit of getting rental income immediately. #3
  10. 10. The builder may not deliver all that he has promised. #4
  11. 11. The builder may raise the prices citing reasons of increase in construction costs. #5
  12. 12. What are the Pros of buying a Ready for Possession Property?
  13. 13. What you see is what you get and there is no place for surprises. #1
  14. 14. You know that the price you are going to pay for the property isn’t going to change. #2
  15. 15. All the amenities on the apartment are already in place. #3
  16. 16. You get to know the neighbourhood better and interact with the people. #4
  17. 17. What are the Cons of buying a Ready for Possession Property?
  18. 18. The transaction costs you will incur will be higher. #1
  19. 19. The property price tends to be at the full market price. #2
  20. 20. The joy of building & customizing a new property will be missing. #3
  21. 21. The fittings that are used inside the house might be outdated. #4
  22. 22. Which Property is better for You? Ready to Move in or Under construction?
  23. 23. It is for you to decide whether to go for an under construction home or a ready to move in flat.
  24. 24. If you have enough savings and ready to pay EMIs for a longer tenure, then going for a ready to move in property built by a reputed developer may be the best option available for you.
  25. 25. Looking for answers for your property questions?
  26. 26. CommonFloor.com is India's leading property search portal. On a mission to make property search hassle-free, transparent and fruitful; CF has best of breed property search on maps, property search mobile apps and an extensive section for knowledge resources and advice in real estate.
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