Do you consider it is wise to invest in under-construction properties? Yes, it as a better decision to always invest in such properties. And you are open to plethora of under construction apartments in Bangalore. It gives you options to verify properties that fits into all your requirements.
Buying an under construction property in Bangalore
The first and foremost advantage is you need not run from pillar to post to fetch the complete home loan. Relaxation to pay the installments will ease out the finance tensions. Second, you get the brand new home unlike ready-to-move-in apartments. Unsold ready-to-move-in properties might face maintanence issues. Third, you may avail of offers like gift vouchers, interior solutions at minimal price, etc.
As per the latest GST, affordable & luxury under construction properties are at 1% & 5% tax slabs.