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The Smart Buyer’s Dilemma: Should You Choose Under-Construction Property Over Ready-to-Move-In Homes?

The Smart Buyer’s Dilemma: Should You Choose Under-Construction Property Over Ready-to-Move-In Homes?

In the ever-changing world of real estate, smart clients must select between under-construction and ready-to-move-in flats. This blog delves into the allure of under-construction properties, giving cost-effective perks, customization options, appealing tax breaks, and enticing early-bird discounts.

 Get in touch with the Top Builders of Kolkata as we solve the smart buyer’s problem and evaluate whether an under-construction property is your best road to homeownership.

Under-Construction Property - Bhawani Group

1. Budget-Friendly Solution:

Budget is one of the most crucial factors in decision-making before buying any property. Under-construction properties are comparatively cheaper than the properties which are ready for possession. As for under-construction properties, the potential customer needs to wait. Nevertheless, it offers an essential price benefit, with an under-construction property costing 10% to 20% less than a completed one.

2. Exclusive Launching Offers:

Developers often offer attractive early bird discounts like price reductions, special offers, etc., until the construction finishes. You would have a greater chance of negotiating the final price. On the other hand, ready-to-move flats hardly have any offers on them.

3. Flexible Payment Schedules:

Usually, under-construction projects ask the customer to pay as per the construction-linked program. Buyers can reserve a home by paying only a nominal amount, which is generally 10% to 15% of the overall cost of the property. Thus, the customer gets sufficient time to pay the remaining amount until the construction gets complete.

In the case of ready-to-move-in property, the buyer must pay the entire sum in one shot.

4. Personalize your Flats:

When you own an under-construction property, you can change certain features of the interior design and layout according to your taste. You can personalize your dream home by selecting interior finishes, fixtures, and fittings and impacting specific plan components.

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5. Acquiring a Premium Location:

Having a property under construction in a desirable community is a one-of-a-kind opportunity for any client. Because new real estate developments frequently target up-and-coming regions with high growth potential, purchasing it sooner allows buyers to secure their place in desired surroundings. Premium locations provide several benefits, such as high-quality infrastructure and accessibility to more facilities, schools, transportation hubs, and commercial districts.

As a result, making a prudent investment in a prominent location such as New Town, Rajarhat, Kestopur near sector V, Madhyamgram, and near Dum Dum Cantonment which gives long-term growth and desired living experience.

6. Tax-related Benefits:

Opting for an under-construction property allows homebuyers to take advantage of substantial tax breaks. By taking a home loan, you can avail tax breaks on both interest and principal payments. These tax incentives give a financial buffer, making homeownership more feasible and encouraging people to invest in real estate. As a result, buying an under-construction property gives a prudent plan for reducing your tax payments.

Under-construction properties emerge as an intriguing option in the smart buyer’s dilemma. They offer a tempting package because of their affordability, exclusive offers, customization flexibility, premium locations, and tax benefits. 

Investing in an under-construction house is a prudent decision for a dream of a luxurious flat home as well as a potential investment for the future. Take the plunge with confidence and enjoy the benefits of under-construction properties. 

Happy home hunting with Bhawani Group!

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The Smart Buyer’s Dilemma: Should You Choose Under-Construction Property Over Ready-to-Move-In Homes?

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