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.

3. What are the Pros
of buying an Under
Construction Property?

4. Builder will customize the house to some extent
according to your needs.
#1

5. The Pricing of the property will be very
attractive.
#2

6. Get the novelty and joy of getting a new
property.
#3

7. You can monitor the quality of construction
of the builder.
#4

9. What are the Cons
of buying an Under
Construction Property ?

10. There is a risk of the project getting
abandoned.
#1

11. There is also a risk of the project getting
postponed.
#2

12. Cannot get the benefit of getting rental
income immediately.
#3

13. The builder may not deliver all that he has
promised.
#4

14. The builder may raise the prices citing
reasons of increase in construction costs.
#5

16. What are the Pros
of buying a Ready for
Possession Property?

17. What you see is what you get and there is no
place for surprises.
#1

18. You know that the price you are going to
pay for the property isn’t going to change.
#2

19. All the amenities on the apartment are
already in place.
#3

20. You get to know the neighbourhood better
and interact with the people.
#4

22. What are the Cons
of buying a Ready for
Possession Property?

23. The transaction costs you will incur will be
higher.
#1

24. The property price tends to be at the full
market price.
#2

25. The joy of building & customizing a new
property will be missing.
#3

26. The fittings that are used inside the house
might be outdated.
#4

27. Which Property is better for You?
Ready to Move in
or
Under construction?

28. It is for you to decide whether to go for an
under construction home or a ready to move
in flat.

29. 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.

31. Looking for answers for
your property questions?

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