The Real Estate (Regulation and Development) Act, 2016, or RERA for short, has come into effect from May 1, 2017. With this happening, the question on everybody’s lips is, should we buy an under-construction property? If you plan to buy a home to live in, an under-construction property makes sense because it comes cheaper than a finished one. If you plan to buy home as an investment, given that an under-construction property is cheaper, the returns are always better, depending how early in the construction stage you make the investment. But that is the theoretical part ...
Now that RERA is a reality, should you buy an under-construction property?
If you are looking to buy a home to live in, it makes sense to still buy a fully finished one
Vivek Kaul Last Updated at August 2, 2017 01:25 IST
TO READ THE FULL STORY, SUBSCRIBE NOW AT JUST Rs 149 A MONTH