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Should You Buy A Possession Ready Home Or Get It Constructed

Author: Navjeet Kaur
by Navjeet Kaur
Posted: Nov 13, 2013

Living in your own home gives you an unmatched sense of security, freedom and achievement. It won't be wrong to say that to own a house is the ultimate dream of everyone and as soon as a person starts earning, one strives to save enough to fulfill this dream.

One major decision you have to take when you are ready to invest in a home is whether you should purchase a ready to move in property or buy a plot and get a home constructed on it under your supervision. Both the options have their own pros and cons which you must weigh carefully to arrive at the right decision.

Constructing your own home

The most appealing benefit of building your own home is that you can plan it completely to suit your and your family's requirements and desires. Right from the layout to the interior decoration, to the fixtures and fittings, to the colors, paints and polishes, everything can be customized according to your wishes. If you are interested in using eco-friendly techniques and materials in construction, you can do it. Moreover, you can maintain a strict control over quality as well as costs as you will be arranging the required materials yourself and can also keep an eye on the working of the laborers and technicians. An additional advantage is that you can pace the work as per your convenience. You don't have to invest in one go and can even stall the work for sometime if you face a financial crunch. The only hassle in getting your home built is that you have to put in a lot of time and effort and handle all the accompanying problems patiently.

Purchasing a fully built-up home

Buying a ready to move in home offers the advantage of immediate possession. You can become a proud home owner without undergoing the tensions and hassles of construction. Everything about the home is on display, you get what you see and so, you can choose not to buy a property that does not appeal to you. In case, you want to live in a particular locality that is fully developed, buying a built-up home that is on sale might be your only option. Moreover, it is quite likely that a locality where built-up homes are available will have well-defined and functional infrastructure. You can also have an idea of the neighborhood and community you would be living in. The disadvantages of purchasing a built-up home is that it is usually a more expensive proposition than self construction; you have to arrange the full payment immediately and you don't have any guarantee about the quality of construction.

Clearly, both self-constructed and built-up homes have their unique benefits and limitations. Your decision as to which one to opt for should be guided by the funds you have, time and effort you can put in and the urgency of your need.

Harji Realtors is one of the leading real estate agents in the region of Chandigarh, Mohali and Kharar. For more information on great deals in Sunny Enclave and the best Bajwa Developers check out our website

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For complete information on buying Flat in Mohali or for buying any Plot in Mohali contact us now

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Author: Navjeet Kaur

Navjeet Kaur

Member since: Oct 29, 2013
Published articles: 896

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