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Pros and Cons of buying new or resale properties

February 12, 2020 | Admin

Pros and Cons of buying new or resale properties

Buying your dream house is nothing short of a dream come true. However, there are mainly two options between new properties and resale properties for buyers searching to buy their own houses. Mentioned below are the pros and cons of buying new or resale properties.

  • New property developers usually offer flexible payment option like EMI or slab wise payment. But resale sellers do not have flexible payment options.
  • A new property requires less repair or renovation. However, the cost of repair or renovation in a resale house is comparatively higher.
  • A new house comes with a variety of modern amenities starting from clubhouses to gymnasiums but resale houses offer buyers with a limited range of facilities.
  • Resale homes offer buyers with quick occupancy while new homes may not give you immediate occupancy.
  • Resale properties allow the buyer a chance to preview the house prior to the purchase but new properties do not often give a buyer to preview the final house.
  • Resale property price is usually cheaper than a new property of same kind.

About Sobha Forest Edge

Sobha Forest Edge is a wonderfully designed private property in Bangalore. Located at Kanakapura road in, this housing property offers 3 BHK houses at best price.  The prices of the houses range from Rs1.21 crores to Rs1.52crores. The area has an excellent social infrastructure. Developed over a large area, the apartments offer the residents with all the modern day facilities and luxuries. The sizes of the apartments at this township range from1803 sq.ft. to 2272 sq.ft. This township is one of the best options to live in Bangalore.

About Sobha Square

Sobha Square is a stunning residential township providing 3BHK apartments in Bangalore. Spread over 4 acres of land, the township is well-equipped with all the modern facilities like clubhouse, meditation centre, indoor games, kids play area, swimming pool, gym and many more. The property has 294 residences and the prices of which varies between Rs98.28 lakhs to Rs 1.22crores. The residential development is very well-connected to all the important areas of the city and Bangalore Airport is just 21 kilometres from the property.

About Sobha Palm Court

Sobha Palm Court is the latest offering by Sobha Group in Bangalore. The property is located at Yelahanka and offers the residents with excellent transportation network. Some of the major hospitals, schools, colleges, shopping malls, restaurants and banks are easily available at the locality. The township consists of beautifully designed2 BHK and 3 BHK houses of different sizes and the prices of which varies between Rs1crores to Rs1.31crores. Set amidst natural surroundings the township offers the residents a comfortable living with various luxurious facilities of today.

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