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Why I Regret Buying an Under Construction House | Disadvantages of Under Construction House
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- čas přidán 9. 03. 2023
- Most of the home buyers are usually confused between buying a ready to move or under construction house. Especially when there are so many new launch projects available in Indian real estate market. In this video, I have shared con's of buying an underconstruction house by sharing my personal experience.
What is covered in the video?
1. Under construction property v/s ready possession
2. Disadvantages of under construction house
3. Wrong selling and commitments done by developers of new launch projects
4. Financial risk involved while buying an under construction house
5. Impact of under construction house on the life style of a home buyer
6. Advantages of ready to move in house
7. Advantages of under construction house
8. Why people buy under construction house or ready to move house
#underconstruction #readytomove #underconstructionorreadytomove #underconstructionflats #readytomoveflat
The biggest risk is developer fraud and default i.e. the buyer may never get the flat if the developer intends to act in bad faith.
Very well research and structured content ..& no nonsense approach is what i m drawn to your channel..keep it going..their is a hunger for such well presented and no hidden agenda content on CZcams.
Interesting and very well put forth, your content is also pretty thoroughly researched. Keep on going and this channel's stats are bound to bloom sooner than you think. Best wishes!
Thank you so much for your appreciation and best wishes. It genuinely means a lot.
Without completing your video I was so pleased to pause the video for few seconds and appreciate your content and presentation skill. Kindly try to make a video on how to assess construction quality etc. Thankyou
Thank you for your kind words.
have made a video how to check construction quality of a flat. here is the link : czcams.com/video/E_Hw0-WJLkA/video.html
Thanks a ton Rohan, I am an NRI in US. Really learnt a lot from you and there were quite a few eye openers in your presentation. Appreciate you making such videos ! Cheers 🥂
To be honest,Your all videos are the best on CZcams for these topics. Other videos are confusing with a lot of sound effects and video editing.
Great Job Sir😃 Really impressed & learn from your research & analysis. Keep going. All the best
Great explanation without any exaggeration !
Very detailed analysis, keep up the amazing work, you provide us an insight in the making the decision of our biggest purchase.
He is worthy to be famous... He is very underrated youtuber... He must be famous
One of the best videos on real estate ❤❤❤
Very Well researched content, The subventions scheme scam specifically happened to a very well known society in Bangalore called Mantri Webcity. People are still seeking justice since 2016 to get their possesion
Very much true All points.
My experience of shapoorji gurugram is fabulous. I booked at prelaunch price. Buyer should go for trustable brands.
Very good video thank u somuch
How practical ... thank you Rohan!
Thank you
Very Nicely articulated. Thanks Bhardwaj ji.
Glad you liked it !
Very very very true and informative video
Reality explained very well
Eyes opening revelations. I am cancelling my decision to opt for sn under construction flat. Thanks 🙏🙏
Very nicely explained.
My experience with my first under construction residential property purchase was very good. But it was a reputed and big builder in Mumbai.
Excellent video.
But agree, always its better to check such high investment product before purchase..its not the flat also the associated services
Thank you so much sir.
Thanks sir very good information
Insightful!
In Bangalore a under construction property from A grade builders like Sobha, prestige, Brigade makes more sense as I have personally observed that prices shoot up when project is ready to move. For example, a property in Sobha during under construction phase costs around 65 lakhs in 2017 and now same property is costing more than 1.2cr and more
True. it cost you a lot, don't get preferred unit, and people are not ready to sell leading to high demand and less supply.
Pls make the video on how to assess the construction quality and all the important factors to consider before buying a property
Have made a video on same here is the link
How to check construction quality of a flat : czcams.com/video/E_Hw0-WJLkA/video.html
Very nice. Informative.
Glad you liked it
In Gurgaon every broker is selling only under construction property
Buyer is also more happy in buying under construction property mostly because of payment plan and hype created
Great video
Pls make video on your last point- is under construction more profitable than ready due to price increase
What a fact .very nice
Thank you
Interesting & very much informative information
Thank you
Good knowledge
I have bought a flat in tier 2 city.The main issue is developer not providing quality items.
Learning: never pay for anything upfront
Never pay if work is not going on as per pace and agreement.Keep every cheque copy.
Be legally strong
Facts Said!
Ready to move flats , very hard to get sometimes. Costly also.. just ask what was it's initial cost .
However it's better to get a ready to move flat .
What an eye opener , you are very knowledgeable sir , deserve more viewers :) , love ❤️
Thanks you
Thanks you
Very well presented
Glad you liked it
Best is ready to move flat.The price difference is easily beatable by peace of mind.Never believe anything if it's not written in bond paper.
Badhiyaa
sir what is your take on affordable housing in sector 88A signature global imperial ?
Great Video Sir… Could you please make a video on which is best to purchase in Ready to Move property i.e Brand new flats or Resale flats in good condition
Thank you sir. Happy that you liked the video. Will create a video on new flats vs resale flats very soon
video on construction quality evaluation please
good video... expose these filthy scums, brokers......... buy only ready to buy , move only apartments like mine... etc in central delhi. buy only ready to move apartments.
Reay to move was under construction at some time.. as per budget people invest
Sir plz continue this type of series everyone tells what to purchase but they don't give any information what's happening in real estate plz continue provide us such type of content so that we r aware about what's going around awareness is better than cure
Plz make video on investment purposes in real estate
Thank you for your support. Will continue making informative and real videos on real estate in India.
Thanks for the suggestion. will definitely make video from investment perspective very soon
Can anyone please tell the status of Godrej Habitat Sector 3 Gurgaon.. when will be it's possession date..and deadline according to RERA including grace period given.
Pre EMI me fasna nahi hai. Always go CLP plan for home loan
Nice sir
I think it’s best to just invest in mutual funds indexed to Nifty and Sensex. Easy get in and get out.
Category A developers generally gives what they commit becoz of their reputation and brand value in market
But reality is different now a days for all big developers.. even flats are getting sold out with 1-3 months of soft launch.
Sir Aapne bola construction quality kese check kre....ispe alag se video bnaoge....kab bnaoge?
Please make a video on price comparision over years of Societies in gurgaon (From launch stage to posession & 5yrs, 10yrs, 15yrs post possesion)
With real time data of prices in societies
Rules and Laws are made by government to benifit the Builders only because these are did by minister to taking huge of money from them for single project and poor people don't have choice and they can't retaliate on this fraud. Law should change, if any issue comes some power should give to common people as well that they can raise there voice 😢😢
Never go for under construction property with local developer. Always go with A category builder after check with track record too.
You got 1 subscriber
Sir plz share your experience of how to check construction quality
Will make a video on same very soon
@@flatsandkeys thanku sir and plz make as early as possible
Sir mene booking kar liya token amount deke par muje flat me carpet area samjna hai tho kya developer ko kya bole.
As per REAL ESTATE ACT 2016,
"carpet area" means the net usable floor area of an apartment, excluding the
area covered by the external walls, areas under services shafts, exclusive balcony or
verandah area and exclusive open terrace area, but includes the area covered by the
internal partition walls of the apartment.
Under Construction projects mey developer yani builder ka past goodwill & Completed projects dekhke lena chahiye..toh koy problems nahi aayenge
If you are buying from a listed builder then I don't think there is risk in buying under construction property
Hello sir, Please add subtitles In english.
Thanks for recommendation, will add subtitle going forward.
Hi, Try Vilas Javdekar Developers in Pune. They give possession On-time, everytime.
Never ever buy under construction
My personal experience is :
Ready to move is far better than under construction even if it costs you to pay few lakhs more.
After being a victim of possession scam.