Somosree Roy (@somosree) 190 Followers 21 Oct

JNUite, reader, explorer and writer with economics backgroun

Talks about #personalfinance #financialfreedom #crypto #realestateinvestment

Real Estate Investments 716 2

Ready to move in flat vs Pre launch investment

I have seen a lot of people preferring to invest in prelaunch properties, eagerly waiting for the possession. On the other hand, many wants to do away with the anxious wait with ready-to-move-in flats.

Both have their pros and cons.

Pre-launch investments:

Pros:

  1. Lesser down payments. You can also have a lesser EMIs rolling up.
  2. Less documentation
  3. Customizations are possible
  4. You get more time to do the registration.
  5. You have a good time period before EMIs start.

Cons:

  1. Spend on the rentals till you get possession.
  2. Possession might delay.

Ready to move in:

Pros:

  1. Save on your rentals
  2. Easy to sell
  3. Rent it out instantly to generate income
  4. Get to know your neighbours

Cons:

  1. No customisations possible
  2. Costlier than prelaunch properties
  3. Lesser time to arrange finances
  4. More documentation is there is a previous owner

Weigh these pros and cons to make your decision.



ready to move in investment

pre launch investment

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