Which House to Buy, Ready-to-move-in, Resale or Under-construction Property?

1. O^^€ Q Menu ▼ Which House to Buy, Ready-to-move-in, Resale or Under-construction Property? © October 5, 2017 fr Real Estate # Ready-to-move-in, Resale or Under¬construction Property 1 Srishti Chandola Home buyers generally put money on property, based on an assessment of risk-to-reward ratio. For end-users, the prime focus while buying a home may actually be good construction quality, low risk, and timely possession, whereas, investors look for the high rate of interest. Ready-to-move-in apartments In case of ready-to-move-in apartments, the home buyers may need to make the complete payment in a short span of time. Unlike the under-construction properties, the buyers need to wait to get the possession in a ready-to-move-in apartment. However, the home buyer in the category is lesser than those opting for the under-construction homes. A ready-to-move-in apartment is the best for those who are buying their first property. The customers have to make a pretty big investment in ready-to-move-in homes in comparison to the under-construction homes. Also, the higher rates make these less attractive in regards to the return on investment (ROI). On the other hand, the ready-to-move-in property may help the customers to save on the rental payments in the present accommodation. Those who are opposed to any kind of risks certainly prefer to buy a ready-to-move-in apartment. However, there have been numerous cases where the authorities have demolished the buildings for illegal construction, especially after its construction. Under-construction homes One of the most popular options that are exercised by the potential home buyers is buying a house in an under-construction project. It is no secret that the home buyers can save as much as 30% of the cost of any property by investing in a pre-launched project. In fact, this is the most popular investment mode among the property buyers. However, this is a riskier method of investment of property, as one is investing in any product that still needs to be manufactured.

2. Resale homes Buying from resale market, it is yet another option for the home buyers. Homes in this particular category cost are about 15-20% lesser than the existing ready-to-move-in homes. Deals like these are beneficial, however, only when construction quality of the project is good. Also, the age of the building is pretty crucial in this type of purchase. For any resale property, one should examine all the facts and figures which includes legal clearances and hidden encumbrances before taking any plunge. A buyer should select a property type i.e. ready-to-move-in, under construction or resale depending on their individual needs. For instance, if it is an under-construction property, the buyer should check whether the builder has delivered as per the commitment on earlier projects or as per the detailed specifications mentioned in information brochure while booking the property. similarly, for resale and ready-to-move-in property, one should check and cross-check all the details well in advance to avoid any issues later. ^ Bead Decoration for Homes Stylish Dining Table for your Home Decor ^ Leave a Reply Your email address will not be published. Required fields are marked * Comment Subscribe to our newsletter Want to be notified when our article is published? Enter your email address and name below to be the first to know. Send

3. Facebook Twitter Timeline Tweets by @FavistaRealty Recent Blogs Two-toned Walls for BedroomOctober 9, 2017 Stylish Dining Table for your Home Decor October 6, 2017 Which House to Buy, Ready-to-move-in, Resale or Under-construction Property? October 5, 2017 Bead Decoration for HomesOctober 4, 2017 Should Everything Claimed in Marketing be Believed?October 3, 2017 Favista is a Real Estate Advisory Firm based in Gurgaon, India. Favista believes in making every property transaction experience simple and successful. The aim is to bring transparency, professionalism and simplicity to the complex world of real estate. Favista takes pride in keeping the needs and concerns of the customers in highest regards. Favista Real Estate has been founded by IIT + IIM/INSEAD alumni with experience in strategy consulting, internet marketing, venture capital having been part of companies such as McKinsey, Capital One, PartyGaming and SSG Capital. Favista is a full service brokerage helping buyers/investors buy, sell, rent or lease property in India. Favista offers best realty advice for Apartments and Flats for sale in India, land/plots for sale, New Residential & Commercial Projects in India and also assists selling properties at best rates. Favista.com is the only Property Site in India that lists 100% verified properties. Favista currently operates in Gurgaon, Delhi-NCR, Noida, Mumbai and Bangalore.Those intending to sell property in India will also find this website very useful owing to the extensive reach, high brand recall and trustworthiness in the real estate space. In order to make our customers happy and for us to reach our goals, we follow the key tenets of transparency and consistently maintain integrity in everything that we do. With this professional attitude, we are set to become your preferred choice for all real estate services in India. ABOUT About UsOur TeamCareerContact UsTerms Privacy PolicyDisclaimerSite Map QUICK LINKS Post Property FREEEMI CalculatorBlogs Compare ProjectsDownload Mobile APPSale PropertyRent Property CONTACT FAVISTA Toll Free - 1800 2121 000 (ALL INDIA) Gu rgaon - +91-124-3378700 Noida - +91-120-4117463

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