Looking For Apartments Under Construction

Jul 16, 2011     Posted under: Investment






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Should you invest? It makes sense to invest in an under-construction property by a credible and reputed developer but make sure the land title of the plot is clear

The disadvantage: One’s money is locked in non-performing asset. If on invests in an under construction property, there may also be delivery delays sometimes even default

Before Buying: Check the developer’s credibility and market standing. The location is an important factor. Choose a location that hold future appreciation potential

The finance option: While going for a home loan from a bank, choose a construction linked payment plan which is structured on a project-to-project basis

If in doubt: For the home buy, do not hesitate to take the help of a qualified attorney experienced in handling real estate-related issues. By doing so you can be assured of a hassle free purchase

NitiN Kumar Jain

Nitin works in an IT MNC professionally but blogs and owns NKJ Live. He is also the co-owner of a professional start-up ARGHAM BYTES

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