Buying a new home is never an easy decision. Most people buying their first home have a lot of questions and confusion about the location, price, loan procedure, and more. But one of the first questions soon-to-be homeowners ask themselves is whether to buy a newly constructed home or a resale property. The question can throw home buyers off their track completely because of the many options available in the market. To be confident in one’s decision to buy a new or a resale property is important.
However, any expert in the real estate industry will tell you how it is always a safer and better option to invest in a newly-constructed home over a resale property. We have put together 6 key benefits of buying a new home that any real estate expert will be happy to tell you.
1. Make no compromise in buying your home
From considerable factors like your preferred location to seemingly smaller preferences like the paint, when you buy a new villa you can enjoy a no-compromise purchase. When buying a newly constructed villa you also get to cherry-pick the right home for you. Your idea of a dream home is a very personal one, and only you can find the right home for yourself and your family.
Every homebuyer has a list of preferences that they would want their new home to meet. So finding a home unique to your priorities is possible when investing in a new home. For instance, if you are someone that likes to work out, it only makes sense that you want a home with a gym, a swimming pool, and running tracks. These are some of the things that many homeowners later ‘wish’ they had considered before they bought the property. The same applies to kids’ play zones and recreational amenities, location, the neighbourhood, and more. This is especially important learning that the pandemic has taught us - that you should live in a place that you like!
2. Customization options
Every home buyer’s preferences for their home could be different, and this especially holds true for the interiors. Home interior customizations are welcome by almost all builders at under-construction villas, and you can be involved in designing your home from the very beginning. Even villas with the same dimensions and square foot area can have very different looking homes based on the homeowners’ preference. Houses with two smaller bedrooms can be customized to have one large bedroom instead, and the interior decor can be done to your taste too. Customizing your home to your preference at the construction stage is a more economic and hassle-free thing to do than remodelling a resale property.
3. Easier to maintain
A resale property almost always comes with a host of repairs, reconstruction, and remodelling needs. Not only would you be altering the house to suit your style, but you could be spending almost half the cost of the home on repairs. Major issues like leaks could cost you lakhs before you finally settle into your new home. On the other hand, a newly-constructed home comes virtually maintenance-free. With brand new fittings and modern construction techniques, your newly constructed home is bound to be maintenance-free for a long time.
4. Better energy savings
There is a growing awareness surrounding energy conservation and the need to live a more sustainable lifestyle. This conversation has especially gained momentum since the pandemic confined us all to our homes. Running our gadgets all day has awoken us to the criticality of how much energy every house consumes. As mentioned in point 3, in a newly purchased home, you will hardly need any repairs. This is especially true for electrical fittings and connections. Your chances of saving energy, and living a more sustainable life are higher in a new house. Latest designs and architecture promote ventilation; this combined with more up to date electrical fittings, you are bound to save a lot on the electricity bills.
5. Simpler Loan Process
The loan process is a complicated one for any first-time homebuyer. But, it may come as a surprise that the loan application process for a resale property is furthermore complicated. For anyone who is looking to buy a home without going through the hassle of complicated loan processes, a newly constructed home should be a no-brainer.
6. Contemporary construction
6. Contemporary construction
All said and done, a newly constructed home is the smart way for a new homebuyer to invest their hard-earned money in.
While enough care is taken by the firm to ensure that information on the website is up to date, accurate and correct, viewers of this website confirms that the information including brochures and marketing materials are solely for informational purposes and the viewer should not rely on this information for making any booking/purchase in any of the projects of the firm. Nothing on this website constitutes advertising, marketing, selling or an offer for sale or invitation to purchase a unit in any projects by the firm. Viewers are requested to make their independent enquiry before relying upon the same. Any action you take upon the information on the website is strictly at your own risk, and the firm or its associated entities/companies will not be liable for any consequences of any action taken by the viewers relying on such material/information by viewing the website or its content.
The firm reserves the right to add, alter or delete any material from the website at any time and may, at any time, revise these terms, change design & specifications, without prior notice or as may be required under applicable laws including RERA, and all other approvals & permissions. Computer generated images, rendered images, floor plans, etc. represent artistic impressions only. Plans, specifications mentioned in the buyer-seller agreements are final and supersede the contents/information herein. Any viewer of any information or material from this website may avail the same entirely at their own risk as to costs and consequences thereof.
For More Information & Exclusive Offers, Chat With Our Property Advisor On WhatsApp