When you are on a home hunt, you often come across resale properties and cannot decide whether to choose them over their latest built counterparts. The truth is, there's actually no instruction manual that can teach you to make the right decision. But there's helpful advice. This article will provide you some helpful advice on choosing between used flats and latest ones. Prestige Sunrise Park It all depends on your requirements really. There are pros and cons associated with both resale and latest flats. As well as, many factors play important roles in determining the ideal alternative for you. Plenty of Kolkata residential projects are being developed and almost equal numbers of used apartments are being put up for sale. The hunt could be tricky when your real estate agent shows you several old as well as latest flats.
Factors to Consider:
Make a list of these below mentioned factors and keep them in mind when you try to decide.
Location: Latest apartments are generally constructed in suburbs and outskirts whereas resale properties can be found in the main city. This is a tremendously important factor to consider for busy professionals and business executives who have to get to their workplace every day on time, regardless of traffic conditions. However, for those who have retired from work, latest properties are ideal because they will be able to enjoy a peaceful life in the outskirts, away from the hustle and bustle of the city.
Connectivity: Another significant factor is how well the housing is connected to the main city because not only for your work, you may need to come to the city for other extremely important purposes like healthcare. Major hospitals are always located in cities. In the unfortunate event of an accident, or a major disease, you need to enter the city as fast as possible so that you can reach the hospital in time. This is a criterion wherein a resale flat in the city wins over a latest one in the suburbs because reaching the hospital is obviously easier from across the city. Prestige Sunrise Park Bangalore Cost: Generally, resale properties tend to cost lesser than Kolkata residential projects under development. Being less costly is definitely an advantage for used homes. It offers a great relief to purchasers and certainly cuts down on the interest rates on bank loans. Besides, you can bargain more with owners of resale flats.
Immediate Move In: A great advantage of resale flats is that you can move in just as soon as you purchase it. This benefit is seldom offered by latest built housings. You Get What You See: Homes that are being resold have nothing to hide. You can get the entire area that you have been showed. However, in case of buildings under construction, you do not always have that advantage. Many instances have occurred where purchasers have got something totally diffepurchase from what they had expected from the builder when the property was showed to them. Not to mention the cases of deadline failure where builders have taken a lot longer to complete a project than the time they promised to purchasers. Plus, there are legal matters and taxes that need to be settled for a latest project but these matters could be settled a lot faster in resale properties. So, these were some of the points that place resale apartments at an advantage than latest Kolkata residential projects.