The perceived cost of purchasing a resale property in Mumbai is lower than new properties in Mumbai. But let’s face it—it’s the repairs, refurbishment, maintenance, and legalities associated with your resale apartment in Mumbai that really put a financial burden on your shoulders. Many of these costs cannot be predicted at the time of purchasing the resale apartment, so you would need to brace up for some rude shocks.
On the contrary, looking for new properties in Mumbai gives you peace of mind because everything—from the legalities to the quality—is clear at the time of purchase.
On the contrary, looking for new properties in Mumbai gives you peace of mind because everything—from the legalities to the quality—is clear at the time of purchase.
Here are some reasons to opt for new or under-construction properties in Mumbai:
1. If you buy during the pre-launch phase or even during the construction phase, the prices are comparable to that of a resale property.
2. There is nothing that compares to the smells, look, and feel of a brand new home where no one has lived before.
3. When you choose a flat that is under construction, you have the option of planning your payments over a period of one, two or even three years.
4. You also have ample choice with regard to your chosen floor, the direction of your flat, parking space and so on.
5. As soon as the flat is ready, you can hire an interior designer to do up your new home. In a re-sale apartment, you might not be able to modify certain aspects of the interiors.
Kumar Urban Development Limited (formerly Kumar Builders) has numerous ongoing and ready possession projects in Mumbai. Since buying a home is usually the biggest investment in one’s life, it should ideally be made in the right property even if it takes a few additional months. Purchasing new properties in Mumbai is thus a better choice.
To learn more about our various projects in Mumbai, visit our website or call us on 020-41012200.
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