How to Choose Between an Under-Construction Vs. a Ready-to-Move-In Apartment

5 Advantages of Buying an Under-Construction House

Buying a ready-to-move-in apartment versus an under-construction property is a dilemma most homeowners grapple with. And while both options have their pros and cons, it is a matter of what works best for you. Are you looking for something that is ready to move immediately, or are you willing to wait for your dream home? Are you happy with the existing amenities, or are you looking for something that is more customisable? These are just some of the questions our experts have answered in this blog. Read on to know how you can navigate this mammoth decision.

Dream home ready, are you?

With ready-to-move-in homes, what you see is what you get - from the plan to the amenities. You can also rest assured regarding the quality of construction materials used since most of them have undergone rigorous testing before handover. Furthermore, everything from the final list price of the apartment to monthly maintenance is set in stone.

However, ready-to-move-in homes don’t offer much scope for internal modifications. So if you want your home customised to your taste, then under construction homes are the way to go.

If you are in the market for ready-to-move-in homes in Chennai, there are some great options available. Splendour, strategically located in the intersection of OMR and Adyar, promises to be a haven for you and your family. When you purchase a home at Splendour, you also get unfettered access to world-class amenities on campus and in the vicinity. On the other hand, if you are looking to live in the fast lane, Appaswamy Habitat is more your speed. Located just off the IT Expressway that marries the 24/7 hustle and bustle with the serenity of luxury living, there are plenty of housing options available.

New home, now loading!

If you want more control over your purchase, then an apartment under construction offers many benefits. They are about 10-30% cheaper than ready-to-move-in homes of comparable size, amenities, and location. They also come with flexi-payment options like staggered payment depending on the stage of completion. Since 2016, all constructed properties have to be certified under the Real Estate (Regulation & Development) Act. Apart from mandating safety requirements, you can also rest assured of the builder complying with fair trade practices. Any delays, which are often a concern with under-construction properties, can quickly be addressed under RERA.

One of the most significant advantages of buying a house under construction is that they are customizable. From changing the layout to your requirement to choosing the flooring, fittings, and other accessories in the house, you can call the final shots. Apart from the obvious cost benefits and bespoke homes, there are many offers that builders provide for under-construction properties. These can sometimes range from free parking space to gold coins and foreign trips. As a result, you get more juice on your investment.

If you are looking to invest in a home that can truly be according to your liking, check out a few of these properties in Chennai. Coming up in R A Puram is one of our crowning achievements - Navasuja. This property stands tall at 15 storeys, and boasts 59 plush residences, with a completion date slated for about 2 years from now. If you are looking for a quicker move-in timeline but want the benefits of buying a property still under construction you can check out Azure, Clover, and Capella - all will be handed over in the next few months.

Whether you are looking for a ready-to-occupy home, or an up and coming property, you can’t go wrong with Appaswamy properties. Don’t take our word for it, schedule a tour around any of our properties today!

10 Dec 2021


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