Purchasing a newly built home often exudes an undeniable allure, particularly when the price is still within reasonable limits. For this very reason, numerous individuals choose to take the plunge by reserving a unit in an under-construction project. This option not only brings them one step closer to fulfilling their aspiration of home ownership but also offers a financial edge compared to ready-to-move-in apartments. Nonetheless, a series of reports regarding some builders’ failures to meet project timelines has instilled a sense of skepticism among many prospective buyers, who now find themselves questioning the wisdom of securing a property that remains in its nascent stages.
One of the most significant benefits of investing in an under-construction flat is the opportunity for customization. Buyers can often dictate their preferences in aspects such as the apartment's locality, orientation, and floor level while the developer is gearing up to commence construction. Furthermore, a broad array of marketing strategies often surrounds a newly launched project, simplifying the process of locating these opportunities without the need to engage with brokers. Nevertheless, it remains prudent to carefully consider several pivotal aspects before making the decision to book a flat in an under-construction endeavor.