Is Under Construction Property a Good Buy in Hyderabad?

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When it comes to looking for flats for sale in Hyderabad, a majority of people find under-construction options a lucrative one. No matter, if they are considered for investment purposes or permanent residence, under-construction properties tend to be more economical.

Being one of the leading property websites in India, we have researched that under-constructed 2 BHK flats for sale in Hyderabad have been among the most sought options in the last few years. So, we have listed the top reasons why you should also go ahead with under-construction properties in Hyderabad. Let’s give it a read.

5 Major Reasons Why Under Construction Property is a Good Buy in Hyderabad

  1. Economical

The real estate rates per square foot tend to rise with each passing year. Here one can calculate that the rates of under-construction projects in a year will definitely be lesser than its ready to shift in the next year. Hence, it is economical to consider and buy under-construction flats for sale in Hyderabad.

  1. Better Discounts

It is difficult to get discounts on ready-to-shift flats or houses and you have to pay the cost as per market or even higher depending upon the facilities provided. This is not so with under-construction projects, as they are new projects, hence buyers can negotiate and get good discounts on them.

  1. Design Freedom

When choosing under-construction flats for sale in Hyderabad, you get an advantage to design them as per your desire. On the other hand, alterations are made post-construction can be expensive and have ill effects on the property.

  1. Increased ROIs

Buying under-construction properties in Hyderabad is a good way to earn higher ROI. these properties, purchased in the initial stage of the reconstruction could be sold at a higher rate in the later years. Just in case the rates don’t increase, ready-to-shift flats will eventually be priced higher than under-construction ones.

  1. Ideal for Buy and sell 

Rising infrastructural development is inviting more job people to Hyderabad resulting in a higher demand for ready-to-shift flats in the coming years. Hence buying under-construction properties specifically 1 or 2 BHK flats for sale in Hyderabad can give good ROI when sold as ready-to-shift in the future.

Conclusion

Being among the leading real estate websites in India, we recommend that if you’re planning to buy flats in Hyderabad at affordable rates, be it for investment or permanent living, go with under-construction ones because of the major reasons stated above. If planning to further sell these flats, then going with 1 or 2 BHK flats for sale in Hyderabad is ideal, since people coming here for jobs will be more interested in those options. 

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