When we start exploring the property for purchase the fist thing which comes to our mind is under-construction-property or ready-to-move-in property. Which is the right choice? Both the properties have some advantages and disadvantages. But buying an under-construction property is good with the purpose of investment as you will get a good property within low budget. It is not really simple to make this tough decision. In such kind of situation, it becomes more necessary to make a learned decision. You should not make this decision in a hurry or in confustion, rather make a decision based on facts, and calculation.
The followings are the major advantages of Purchasing Under construction Property:
1.Price Discount upto 5 to 10 %:–Get discounted price benefits upto 5 to 10 % off from the quoted sale price if you buy a property in booking stage or Under construction Stage
2.Deffered Payment Plan:–As a usual trend ,a buyer has to make the property payment in a period of less then 3 months when it is already ready for possession. But if you go for booking of the property in a initial stage ,you have the advantages of deffered payment plan linking with the different stages of construction.
3.Earn Profit by Early Booking and Early Exit:–As you will be buying the property in initial stages at a reduced price then the current market,you have the obvious advantages of selling it out the same before the completion of the property to get a good profit on your initial investment.
4. Quality Checks:–If the Property is already ready, a buyer has very limited options for quality checks. But by going for an under-construction property, the buyer has much larger quality control in different construction stages in comparison to a ready to move Property.
5. 100% Customisation Possible:–Buying an under construction Property gives the buyer much more control over the customization of the property. It is possible to go for 100% customization by choosing even the minute details of the under-construction property such as types of marbles, Wardrobe, Kitchen appliances, Bathroom Fittings style and brand etc.