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Pros & Cons Of Buying Under Construction Property

Buying an under-construction property from Goel Ganga Developments can offer significant advantages, such as lower prices, early bird discounts, & flexible payments. It allows for customization of layouts & finishes, adherence to modern building standards, & potentially high returns on investment due to property appreciation. However, it comes with risks like project delays, potential changes in plans, & uncertainty regarding final construction quality. Financially, it can strain buyers managing both EMIs & rent. Additionally, market fluctuations could affect property value before completion.

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Pros & Cons Of Buying Under Construction Property

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  1. PROS AND CONS OF BUYING UNDER CONSTRUCTION PROPERTY PROS CONS Delayed Possession: Potential for project delays & extended timelines. Lower Prices: Generally cheaper than ready-to-move properties Customization Options: Allows for personalization & customization during construction Financial Strain: Double burden of EMIs and rent if current residence is rented. Investment Potential: Higher appreciation and resale value. Uncertainty: Possible changes in plans and project scope. Market Fluctuations: Potential for market conditions to change, affecting property value Newer Construction Purchasing an under-construction property also entitles you to a newer one. Potential for Income Rental income is a possibility if you purchase under- construction homes as an investment. Risk of Cancellation You may suffer a significant financial loss if developers decide to completely terminate a project. https://goelgangadevelopments.com/

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