Investing in realty? Why plots work better than under-construction today

Apart from lower transaction cost and quicker possession, there are other compelling reasons for parking your money here; beware of the pitfalls, though

In the wake of a large number of housing projects getting stalled or facing long delays, both end-users and investors are today shying away from under-construction flats. It isn't just the development risk, but also the high transaction cost (12 per cent GST on under-construction property) that has been a deterrent. In such a scenario, both developers and buyers are increasingly veering towards plots and plotted developments.

What's on offer

Its a win-win for both developers and buyers. While developers are able to do brisk sales and generate the much needed revenue, buyers can avoid risk and go for a