Under Construction
Anywhere in the country's real estate market, a home that is still being built will always cost less than a completed unit in a project with comparable size, scope, location, and amenities.
Formalities:
There is comparatively less paperwork because the previous proprietors are no longer present.
Payment:
The buyer gets more time to spread out the payment of the purchase price, registration fees, stamp duty, etc.
Amount of risk:
It is somewhat easier to purchase a property that is being built. Still, diligence is necessary.
Affects your finances:
The burden of EMIs will also be increased if you are a renter.
Neighbourhood:
You can be in for a lot of shocks, and you won't know until after you move into the house.
Simpleness of sale:
If the property's possession is delayed due to a problem, it can be challenging to sell it.
Income source:
To rent out a property, one must wait until it has been built; any delay might be stressful and have an impact on one's finances.