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pros-and-cons-of-buying-a-new-construction-home

5 Pros and Cons of Buying a New Construction Home

Buying a new construction home is a challenging but exciting decision for anyone. From managing finances to identifying the perfect location, picking the right developer, and selecting the right project, all of it requires a fair share of research to get down to your dream abode. If you are done planning your budget, the rest of the concerns will be addressed if you choose a project by Naiknavare Developers. Naiknavare Developers is one of the Best Real Estate Developers in Pune with a strong legacy of construction quality and customer satisfaction.

When buying a new construction home, that are several thoughts that will cross your mind. Like any other decision, you will need to delve into the pros and cons of it. Let us explore these concerns.

5 Pros of Buying a New Construction Home

Customized Home

The biggest advantage of buying a new construction home is the benefit of customizing it as per our preference and liking. You get the opportunity to choose the flooring, colors for paints, finishes, etc. Depending on the stage of construction, you may even be able to make minor alterations to the floor plan. However, it would depend on the builder’s willingness and the stage of the construction the project is at. With Naiknavare Developers, you can be assured of 100% cooperation.

Less Maintenance Requirement

The new building, new appliances ask for less or no repair or maintenance in the first few years of ownership. That entails less cost and so less expenditure on replacement expenses.

Contemporary Design

When buying a new construction home, you don’t need any kind of upgrades. These new homes are designed to support the latest technology and energy-efficient features. Luxury homes will generally be equipped with smart home technology, advanced insulation, and efficient heating and cooling systems. They are designed such that the contemporary needs and requirements are comfortably met.

Amenities in the complex

Most of the residential societies offer a host of amenities for the residents. When scouting for homes, most homebuyers are particular about the amenities that a project offers. These days with less time at hand, people don’t like to step out of their homes to pursue a hobby/sport or any fitness regime. Projects offering good amenities are given preference over others.

Safety & Warranties

When buying a new construction home would mean ensuring 24*7 security for your family and belongings. This is another sought-after amenity for homebuyers. Besides, many developers offer warranties on different structural components and systems for a while in new construction homes. 

5 Cons of Buying a New Construction Home

Higher Cost Price

Buying a new construction home would mean more cost per square foot as compared to older homes. You pay premium pricing for the contemporary design and amenities the project offers.

Late Project Deliveries

Buying a new home poses several risks, with construction delays being very common. However, this has a lot to do with the developer you choose. Any such delays can disrupt your plans; may add additional burden too. Reputed names like Naiknavare Developers offer you the comfort of good construction quality and in-time delivery of a project.

Fixed-price Homes

When buying a new construction home from a developer, the prices of homes are generally fixed and non-negotiable. Unlike a home bought in resale, where you may crack a better and a lower-priced deal, for new construction space, you have to pay the asked price. : Unlike buying a resale home where you can negotiate the price with the seller, new construction homes often have fixed prices.

Less-developed neighborhood

You may have to shift into a neighborhood where there is construction still going, in or around the project. You may have to deal with noise and discomfort for a while. Also, the area may not be well-developed, and you may have to go around looking for your daily requirements.

Construction Quality Concerns

When buying a new construction home, there is no way that you may check the construction quality of your home. You have to rely on the developer. Here projects from developers like Naiknavare are an excellent pick, given the numerous customer reviews on the delivered projects.

Naiknavare Developers: Developing Ideal Homes With Scenic Views

If you have been looking to buy a new construction home, Naiknavare Developers has two popular ongoing projects in Pune- Avon Vista & Neelaya in Balewadi and Talegaon, Pune, respectively.

neelaya-by-naiknavare

Neelaya By Naiknavare Developers is a popular residential project among homebuyers offering 1 and 2 BHK flats for sale in Talegaon. These affordable homes come with a host of amenities, including a Clubhouse, a Gymnasium, an amphitheater, etc. Neelaya offers excellent mountain and river views giving these homes a resort-like feel. Soak in the greens, absorb the freshness, and kickstart your day with a dose of pure and fresh air. Talegaon is an upcoming smart city, and investment here is a sure-shot way to multiply your fortunes.

avon-vista-by-naiknavare

Avon Vista By Naiknavare Developers is located in Balewadi, Pune, offering 2 and 3 BHK flats. Most of the flats in Phase-I, II, and II are sold out, and Phase –IV has been recently launched. This fast-selling project is set amidst a natural backdrop making it a perfect location away from maddening city life. There are lush green views and riverside views. More than 30 lifestyle amenities in the project, including co-working spaces and a convenience store. There is also a pool, a gymnasium, an Aerobic / Yoga / Dance room, a skating rink, a futsal court, a tennis court, a squash court, etc. Located near the Wakad bridge, Avon Vista has excellent connectivity with other parts of Pune.

Before you decide to buy a new construction home, assess the above-said pros and cons to make an informed decision. Avon Vista & Neelaya make for a good investment bet if you’ve decided to take the plunge.

 

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