Ramprastha: Attractive benefits of under-construction flats

Gurgaon, India’s Millennium City is the new hub of corporates and MNC in north India. Escalating property costs and paucity of space has seen the exodus of the large number of offices to this satellite city. As a result, the residential real estate micro-market has seen a shift from a traditionally investor-led market to an end-user driven market. The increasing presence of a well-heeled workforce has resulted in an upsurge in demand for residential apartments in Gurgaon. Also giving a fillip to high-rise apartments and group housing projects is the newly constructed Dwarka-Expressway, it connects Gurgaon to the capital.

Among the many Dwarka-Expressway projects, Ramprastha is one builder that offers premium homes in its new luxury projects in Gurgaon. Ramprastha’s luxurious apartments are available in categories of under-construction, ready-to-move-in flats and even plotted developments within its iconic township project Ramprastha City. Whether it is a world-class air-conditioned 3 BHK apartment, reasonable 2, 3, 4 BHK flats, or upmarket condominiums, Ramprastha offers something for everyone among its several projects here.

Now, a confusion that plagues homebuyers is whether to opt for under-construction apartment or ready to move in flats. An under-construction flat denotes those units in a project that get sold / booked before the completion of the construction. These are the conventional choices in a buyers’ market; however like everything else, it has its pros and cons.

• The foremost advantage of an under-construction house is that they are almost 20-25% cheaper than ready to move in flats. When budget is the primary consideration for a homebuyer, it makes more sense as an investment at the time of purchase. Even premium apartments in the luxury category can be booked at reasonable prices; there is always strong possibility of price appreciation at the time of completion. Ramprastha offers affordable rates across all their projects with attractive incentives as well. Now that the litigation has been lifted and work has commenced on the Dwarka-Expressway projects, there is sure to be a marked appreciation in Ramprastha property prices.
• Buyers have more liberty to choose and customise internal layouts of a flat. For example, under-construction allows the flexibility to incorporate modifications in a kitchen or bathroom.

The biggest disadvantage is that a lot depends on the credibility of the builder. There is also the possibility of delay and false promises. However, with Ramprastha there is zero possibility of this; and buyers can be rest assured with their investments. Ramprastha is one of the most respected builders with 50 years of realty expertise. It is the first developer to successfully foray into integrated townships and has delivered Ramprastha Greens in Ghaziabad. The Ramprastha apartments in Ghaziabad are available as 2, 3, 4 BHK flats in several highrise projects within Ramprastha Greens. Ramprastha Platinum Premier offers 5 BHK furnished apartments and condominiums.

Ramprastha will soon launch Platinum Sky Residency, 20 affluent 5-bedroom villa apartments. Surely it makes immense sense to lap up these topnotch luxurious flats in Vaishali backed by the Ramprastha name as soon as they are "under construction!"

Ramprastha is a residential real estate builders in Gurgaon and Ghaziabad. Ramprashta offers luxury residential apartments on Dwarka Expressway Gurgaon and Ghaziabad.