Fresh Booking vs. Resale
Compare under-construction and ready-to-move properties
| Factor | Fresh Booking | Resale Property |
|---|---|---|
| Price | Generally 10-15% higher | More negotiable, lower prices |
| Possession | 2-5 years wait for construction | Immediate move-in |
| Customization | Can customize before handover | Limited scope for changes |
| GST | 1-5% GST applicable | No GST |
| Amenities | Modern facilities & technology | May have dated amenities |
| Loan Processing | Pre-approved projects, easier | Needs property valuation |
| Risk | Construction delay risk | See exact condition |
| Appreciation | Future potential | Already appreciated |
Choose Fresh Booking If:
You can wait 2-5 years for possession
You want modern amenities and design
You prefer payment in installments
You want customization options
Choose Resale If:
You need immediate possession
You want to see the actual property
You prefer lower prices and no GST
You want to check established infrastructure