Four Reasons That You Should Buy an Under-construction Flat

While buying a flat, most first-time homebuyers face the dilemma that whether they should opt for an under-construction flat or a ready-to-shift unit. Generally, people prefer buying the latter ones because they can start using it immediately. But there are many benefits of buying an under-construction flat that is often overlooked.


Every year, many real estate developers launch under-construction properties in Jaipur and ask the customers to book the flats. These properties are comparatively cheaper and offer many other benefits. Let's take a close view of the advantages of the under-construction properties.

Value for Money- During the under-construction phase, most real estate developers offer attractive discounts to attract more buyers. By booking an under-construction flat, you will be spending lesser money. Moreover, the builder might provide you with many other benefits, such as free parking space for a year or more.

Flexible payment options- By buying a ready-to-shift flat, you have to make a one-time payment for the entire cost. Financing the entire amount is very difficult for many middle-class buyers. But that's not the case when you buy an under-construction property. While booking the property, you just need to pay 10 to 20 percent of the total cost and the rest amount can be paid in installments.

A broader range of options- When we opt for a ready-to-shift flat, we have very limited options in hand because most of the flats get booked in its under-construction stage. Every other day, a real estate project is launched. Therefore, by choosing to invest in an Under-construction project, you have a vast range of options to pick from.

Price appreciation- Under-construction properties gain higher price appreciation than their ready-to-shift counterparts. As most under-construction properties are located on the outskirts of the city, there are good chances that by the completion, these properties will gain 30 to 40 percent price appreciation.

Conclusion- Under-construction flats are cheaper than the ready-to-shift ones and they can be a value-for-money investment. These flats gain higher price appreciation with time. By buying these flats, you get flexible payment options. Plus, you get a vast range of options to pick from.

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