Property Tip 5: Also, it has been found that sometimes buying property on resale is cheaper. Should one buy a flat directly from the builder or buy the property on resale? It is important to note that, in an original sale you are able to speak to the builder directly and the full price can be presented for a loan. However, in resale, this may not be always available. You may also lose benefits of payments plans that the builder may extent. Keeping the above in mind, one should decide accordingly. Also, it becomes important to keep in mind that some builders charge a fee on transfer of property while still under construction. First transfers are free (not always), so this may impact your yield, if you are looking to sell before the construction is complete.
Posted on: Sun, 25 Aug 2013 20:31:13 +0000
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