Which to choose, Ready to Move or under Construction Flat in Bangalore



Almost all home buyers are riddled with the same question – whether to buy a ready to move in flat or opt for an under-construction apartment. Both these types of property suit different needs and purposes. Let us compare them to get a better view of suitability:

Availability


Ready to Move In Flats:
There is almost negligible waiting period. One is just required to make payment and work through the documentation for being able to get the property handed over.
Under-Construction Flats
One does not get their hands on possession at the time of purchase.


Pricing

Ready to Move In Flats
One shot lump sum payment is required for possessing the property and pricing is a bit on the higher side comparatively
 Under-Construction Flats
The burden on pocket is lighter as it does not require lump sum payment at time of purchase and is slightly cheaper in comparison.

Apartment Age


Ready to Move In Flats
A ready unit might not always be brand new and might have been on sale for a while

Under-Construction Flats
Brand new constructed flats are handed over after completion.

Alterations and Decoration

Ready to Move In Flats
Alterations are not possible on a completed unit. One has to opt for the ready made decor.

Under-Construction Flats
Non-structural alterations can be done during the construction process. Interior decoration can be as per buyer’s preference.

Construction

Ready to Move In Flats
One cannot obtain a full understanding about the construction materials used, strength of foundation etc in a ready unit.
Under-Construction Flats
A buyer can keep a check on the materials being used for construction and inspect the site from time to time in order to gain assurance regarding proper construction.

Both ready to move in flats and under-construction flats have their own pros and cons. Each and everyone have their own set of preferences when it comes to buying ahouse. A buyer must consider his/her financial condition, choice of location, timing etc among other things before making the final decision.

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