Buying Under Construction vs Ready Possession

MYTH ABOUT COMPLETION ----MAHARERA

with the RERA in place, developers must deliver on time and if they don’t they are liable to pay compensation to buyers

EASY ON YOUR POCKET

Ready possessions homes always cost higher than the under construction property.in the city like pune if you are planning to buy 2BHK homes in areas likebalwadi,pashan,then homes will cost you around 70 to 1 cr. wherein under construction property available anywhere between 60 to 80 lac. so there is a significant difference in the cost of both types of homes.

TAX BENEFITS

option for a home loan offers several tax benefits. as per the income tax law, the principle paid towards your home loan is deducted from income under section 80 c while the interest paid i deducted under section 24 (b)

DISCOUNT & OFFERS

UPGRADES AREN’T CHEAP/ BETTER RETURNS

the first price you see whn choosing a new construction home is the base price of the property you get higher returns,as there is a good scope for price appreciation due to future development.under construction properties always have an upper hand when it comes to returns on the investment.in the construction tenure itself, value of a home ca increase ten folds if other certain parameter work well.

FLEXIBILITY IN PAYMENT

FURTHERMORE, THE PAYMENT PROCESS FOR AN UNDER-CONSTRUCTION HOME IS MORE CONVENIENT, AS YOU START PAYING SLOWLY AT DIFFERENT STAGES. EMIS ARE PAID AS THE WORK PROGRESSES. YOU CAN START PAYING THE EMIS OF THAT DOWN PAYMENT BE IT 10% OR 20% OF THE WHOLE AMOUNT, BUT THESE EMIS ARE WITHIN YOUR REACH

CONSTRUCTION ASPECTS

also the under cnstruction properties have an edge over ready homes when it comes to keeping a check on the construction aspect.you can track details step of your construction property.you can see whether pure and original material is being used or not.such a facility is not available for the ready homes

Limited options

some people like to live bae floor some people love to live at high rise. so any option available in under construction. also east south etc. facing apartment are available to choose.

Exterior and interior customization

buying new construction means that you get to pick out everything from the color of your siding and trim to the placement of every single light bulb and outlet.many of the things that you get customize are difficult or at least expensiveto put in after a home is constructed.such as deep pour basement or extra windows in the living room.

      kalash vastushree offers semi furnished 2bhk in katraj you’ll really enjoy getting to make so many decision about the different aspects that make your house a home. how much like our buying under construction or ready to move tips article respond us.

PROS OF BUYING A READY-TO-MOVE-IN PROPERTY

 

  • Readily Available
  • You have an idea about locality
  • No construction delays
  • Relief From Paying Rent and EMIs simultaneously

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