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Ready-to-occupy flats or flats under construction?

Comments(2) Sub Category:Cities,Realty News Posted On: May 03, 2012

The end users for properties in India who are purchasing their first house are looking for ready-to-occupy flats.

In context with same, the chief executive officer of PropEquity say that ready-to-occupy flats will fetch lower returns on investment when compared to flats under construction.

However, when considering flats under construction the concerns are many like; price escalations, variations in the planned layout, construction delays etc.

According to the PropEquity expert, the second home buyers and investors always look forward for properties under construction for higher returns.

Considering these above situations, real estate experts say that the primary market which launches new residential and retail structures is extremely vibrant at the moment in Indian cities.

Related story:

Ready to occupy flats in demand

Source: Economic Times

2 Responses to “Ready-to-occupy flats or flats under construction?”

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