Today, we can see that most of the projects by Kumar Corp get sold while the projects are still under-construction. Why do you think so many people are preferring to invest in an under-construction property ?

Thus, if factors such as location, property size, amenities, builder etc. remain the same, a ready-to-move property is likely to cost much higher than an under-construction property. The difference in pricing may vary by around 10 to 30 per cent.

Thus, even if the waiting period for an under-construction project is higher, it is worth the price difference.

Another advantage is that investing in an under-construction property yields higher returns than a ready-to-move property. Say, if you buy an under-construction property at an initial state and you sell that property after completion, you will receive very good returns.

To add to it, builders usually provide lots of offers and discounts on under-construction properties making them yet cheaper. With such price benefits, it becomes much wiser to buy an under-construction property.

Also, you get to observe the construction from start; meaning that you can watch the quality of material used during construction and material used for fittings and fixtures; and take note of whether they are being used as promised by the builder. With ready-to-move properties, you will never know if the quality of construction matches the promises made by builders.

You also get to compare prices and better deals. The biggest advantage comes in the form of paying through instalments. Generally, you need to pay around 10% of the value of the home as the booking amount and the remaining can be paid over the years. The time period depends on how fast the construction work is going to be completed. This way you get flexibility from the financial burden.