Under Construction – Basic elements of Under construction properties are:
- Suitable for investors
- Property value – Below market rate
- Safety of Money – High risk
- Hand over date – Expect delays
- Build quality – Can only be verified at the time of possession
- Social and physical infrastructure – Can only be verified at the time of possession
- Profit potential – Very High
- Loan facility – Varies with projects
Ready to move – Basic elements of Ready to move properties are:
- Suitable for End users
- Property value – Above market rate
- Safety of Money – Secure
- Hand over date – Immediate
- Build quality – Can be verified before purchase
- Social and physical infrastructure – Mostly present
- Profit potential – Low return on investment
- Loan facility – Easily available
Resale– Basic elements of Resale properties are:
- Suitable for End users & Investors
- Property value – At market rate
- Safety of Money – Secure
- Hand over date – Immediate
- Build quality – Can be verified before purchase
- Social and physical infrastructure – Mostly present
- Profit potential – Normal
- Loan facility – Easily available