It’s a matter of great confusion to decide whether to buy an under-construction or ready-to-move-in 1BHK in Malad East. Both have their pros and cons. However, when making a thorough comparison, under-construction projects in Mumbai make more sense. Only a few people know it, not ones purchasing a home for the very first time. Buyers seem to have developed a taste for ready-to-move-in property nowadays. They might have their reasons, but you have none as of now. And, perhaps, for this reason, you are here on this page being a part of this discussion. If you are confused about a better choice, here are a few advantages of buying a home in an under-construction project in Mumbai.
Higher Price Appreciation
An under-construction property in Malad is more beneficial in terms of price appreciation. That means the house you buy here today will have a higher market value by the time it gets complete. It might, however, take you months and even years to reap the long-term financial benefits of it, whether you purchase flats in Malad East or anywhere in Mumbai. And, this is no secret to anyone. A little bit of wait can earn you substantial returns on your investment. If you choose to buy one in Aarambh Malad East, one of the most desirable under-construction projects in Mumbai, you stand all possibilities to yield the same. The reason is that Malad real estate has been on a consistent rise for years now.
Lower Property Costs
To be fair enough, the cost of any property matters the most for buyers. While a ready-to-move-in property comes with a higher price tag, one in an under-construction project in Mumbai is likely to cost less. Choosing to buy a flat in Aarambh Malad East could be the deal of life. These flats in Malad are more affordable than others of the same segment. The wait will soon be over, but it will be worthy of your investment. With RERA in place, developers are liable to pay the compensation in case of delayed possession. Once you invest your money in an under-construction project in Mumbai, late delivery of property is also no concern as it used to be earlier. You get it at a lower price too.
New Construction
Irrespective of the location, ready-to-move-in flats in Malad East may not necessarily be new construction. They can be used ones requiring additional renovation costs, not in all cases, though. Under-construction projects, on the other hand, offer newly-built houses loaded with modern features & amenities. When buying a property, there is no point in going with an older one with high maintenance costs. You want to settle in as soon as you get the possession. From this point of view, property in an under-construction project is a better choice.
Payment Flexibility
Flexible payment options are what make under-construction flats in Malad more advantageous over others. You have no restriction to pay it all at once. These flats in Malad are available at easy instalments. You can pay EMIs at your convenience. Whether you buy 1BHK in Malad East or 2BHK, easy home loan availability is another advantage you can reap. Buyers do not have to arrange big bucks for a property purchase.
Schemes and Offers
Exciting offers and discounts make a property purchase more rewarding. That is the case with under-construction homes, thanks to the development of Malad real estate. In an endeavour to encourage sales, developers chase buyers with financial plans and benefits. You can make the most of them with an under-construction flat in Malad. You cannot leverage the same with the other option left.
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