Pre-Construction Homes

Buying Under Construction or Pre-Construction Homes

Most home buyers face confusion between choosing an underconstruction home and a pre-construction home. Both these homes have their own purpose with different pros and cons. A buyer should be aware of these pros and cons in detail and we are here to help you out.

 

Pre-Construction Home vs Under Construction Home: What is the Difference?

A pre-construction home, As the name clearly says is an already-constructed home which is can be purchased. The best thing about a pre-construction home is that it is immediately available, free from GST implications and you get what are you looking at. 

 

An under-construction home is not already built and you have to wait for a while to get it but it has many benefits as it is easier on your budget, provides higher returns and RERA compliance.

As a buyer, You should choose the one which suits your budget and time and if you are looking forward to buying a home then you should visit apna ghar khoj. They provide different types of homes all over the country and they have a huge variety of homes with respect to your needs and finances.

 

What are the Benefits of an Under Construction Home?

There are many benefits you can get if you prefer purchasing an underconstruction home over a pre-construction home. Some of the major benefits are :

Lower Prices:

An under-construction home is more budget-friendly. If a pre-construction home and an under-construction home are both lying in the same area with similar floor space and the same builder then the latter will be more budget-friendly. 

 

Better Return-on-investment:

An under-construction home will provide better returns because it is a newer building and is more likely to be equipped with a more modern design. The price is also lower for an under-construction home which after completion yields greater returns. 

 

More Opportunities to Customize:

There is more room for giving custom touches in an under-construction home than in a pre-construction home. You have the freedom of giving the designs you want and more custom touches to suit your needs and choices. Getting any of such customizations done in a pre-construction home is not only going to be tricky but also a lot more expensive.

 

Newer, Energy-Efficient Technology:

The use of newer technology will make your house more efficient through smart usage of basic things like water and electricity which will lead to lower bills. The introduction of eco-friendly materials will reduce construction costs and will also positively affect the house in many ways. All of this can be easily done in an under-construction home. 

 

Long-Lasting Designs:

The growth in science and methods of building houses has made it easier for builders to create cost-effective designs which will last longer and will also require lesser money for their maintenance. Benefits like this are hard to get in case of a pre-construction home.

 

Home Builder Warranties: 

There are warranties offered by home builders for the quality and maintenance of the house over a certain period of time. Any defect found during this period related to the contract will be repaired by the builder. You cannot get such perks in a pre-construction home.

 

In the real estate industry, The returns depend on a lot of things and you can also get good returns from a pre-construction home. You don’t have to wait much longer for this type of home, It is exempted from the GST and you get exactly what you see.  In the case of an under-construction home, You will have to wait for a comparatively longer period of time for the home and the actual home may vary a bit from the designs shown to you. You can get benefits from both types if you are aware of the pros and cons mentioned above. Conducting a home inspection for both types of homes is necessary to check the construction quality and any other minor defects. This will make you much safer. If you are looking forward to buying a home then you should check out apna ghar khoj, They provide different types of homes all over the country as per your needs.

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