{"id":3142,"date":"2011-08-31T23:48:47","date_gmt":"2011-08-31T18:18:47","guid":{"rendered":"http:\/\/www.bharatestates.com\/blog\/?p=3142"},"modified":"2020-06-15T04:59:17","modified_gmt":"2020-06-14T23:29:17","slug":"resale-home-or-new-home","status":"publish","type":"post","link":"https:\/\/www.bharatestates.com\/blog\/resale-home-or-new-home\/","title":{"rendered":"Resale Home or New Home"},"content":{"rendered":"

\"\"It is always a point of confusion among the prospective buyers whether to buy a new home<\/a> or an old one? \u00a0An old home can be a resale property which is pre-owned and now available for sale. Both the options have their advantages and disadvantages that one needs to consider before taking the decision. Let me help you in your decision by understanding all the pros and cons of buying a new property and a resale property<\/a>.When you go to buy a new property then you can choose the floor of your choice like which floor is most suited to you like higher floor or lower or middle floor. You have option for directions, location and sq ft area and can see the construction quality too while property is under construction. Apart from these one can also make changes in the home during construction like electric points, wall finish, extra telephone and TV points, kitchen design, etc while in a resale property there are limitations of major alteration and the choice is limited.You get the fresh property while buying a new home but in a resale property you get the used home. It can be renovated but still it is used.New property won\u2019t give you advantage of location as most probably it is a bit far from the city as all the upcoming projects are coming at a distance because the city areas are saturated and more expensive as compare to out skirts while a resale property will have developed surroundings.Resale properties are ready possession while to get the possession of new properties you need to wait for months and years.You can save on rent if buying resale property as it is readily available while a new home may not be available immediately and thus one needs to continue on the rented accommodation till possession time.The resale property usually costs you less as compare to a new property depending on the age of property and location.Due to increase in lending rates i.e. interest rates and sky mounting property prices developers are constructing small flats so as to fit in the budget of the buyer but the resale properties usually have bigger carpet areas than new flats.You get the advantage of getting what you see in resale property but in new property the finished product may differ from the one you saw as a sample. The promises may not be fulfilled as projected in the fancy brochure but in the resale property you may not face such a situation as the things are already there.There is no problem of delayed construction or registration or taxes in case of resale property.It is suggested to involve or take services of lawyer to verify all the documents of property before finishing the deal of resale home as the things should be legally right and in place in order to avoid any unexpected consequences in future. The buyer must be careful while buying a resale property<\/a>. The lawyer\u2019s fee is an addition to the cost of flat or home. In case of new property it is sold by directly the builder or developer and thus it is not necessary to hire the services of lawyer.In case of finding a resale property you need to take assistance of real estate agent as he can guide you and help you best in finding the suitable match to your requirements because he is in the field and more knowledgeable than you While in a new property you usually don\u2019t need an estate agent to find the home as everything is on internet and the advertising media do the rest of the job.In a resale property you don\u2019t face problems like water issue, road issue, maintenance or society formation etc as all these are already in process while in a new society which is yet to develop various issues come on the way.Nowadays all upcoming residential projects<\/a> are highly luxurious and with plenty of amenities but the buyer has to pay for these facilities whether he uses them or not and that adds to the monthly maintenance cost but in a resale property it may not cost you that much.A new property gets more appreciation while a resale property does not appreciate at that rate.\u00a0 Over a period of time depreciation starts on the property. \u00a0In future the return from new property is more as compare to old (resale) property.In short one needs to check his requirements like whether he needs early possession or can wait for two three years along with his budget to buy the property, location of the property etc and as per his requirements whatever fits best in his frame , he must go for that. Too much thinking can lead to miss an opportunity. That is why it is suggested to be moderate in taking decision instead of going into too much of thought process.RUCHI MAHAJAN<\/p>\n

Check out Resale Flats in Pune<\/span><\/a> here.<\/h2>\n

\u0437\u0430\u0439\u043c \u043d\u0430 \u043a\u0430\u0440\u0442\u0443 \u0431\u0435\u0437 \u043e\u0442\u043a\u0430\u0437\u043e\u0432 \u043a\u0440\u0443\u0433\u043b\u043e\u0441\u0443\u0442\u043e\u0447\u043d\u043e<\/a>\u0432\u0437\u044f\u0442\u044c \u043a\u0440\u0435\u0434\u0438\u0442 \u043e\u043d\u043b\u0430\u0439\u043d<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

It is always a point of confusion among the prospective buyers whether to buy a new home or an old one? \u00a0An old home can be a resale property which is pre-owned and now available for sale. Both the options have their advantages and disadvantages that one needs to consider before taking the decision. Let […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[444,433],"tags":[],"class_list":["post-3142","post","type-post","status-publish","format-standard","hentry","category-buy-sell","category-tips"],"blocksy_meta":[],"yoast_head":"\nResale Home or New Home -<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bharatestates.com\/blog\/resale-home-or-new-home\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Resale Home or New Home -\" \/>\n<meta property=\"og:description\" content=\"It is always a point of confusion among the prospective buyers whether to buy a new home or an old one? \u00a0An old home can be a resale property which is pre-owned and now available for sale. Both the options have their advantages and disadvantages that one needs to consider before taking the decision. Let […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.bharatestates.com\/blog\/resale-home-or-new-home\/\" \/>\n<meta property=\"article:published_time\" content=\"2011-08-31T18:18:47+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-06-14T23:29:17+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/www.bharatestates.com\/blog\/wp-content\/uploads\/2011\/08\/newhome.jpg\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.bharatestates.com\\\/blog\\\/resale-home-or-new-home\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.bharatestates.com\\\/blog\\\/resale-home-or-new-home\\\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\\\/\\\/www.bharatestates.com\\\/blog\\\/#\\\/schema\\\/person\\\/d713a900e6cc96b1468e2e80d6dfb417\"},\"headline\":\"Resale Home or New Home\",\"datePublished\":\"2011-08-31T18:18:47+00:00\",\"dateModified\":\"2020-06-14T23:29:17+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.bharatestates.com\\\/blog\\\/resale-home-or-new-home\\\/\"},\"wordCount\":852,\"commentCount\":1,\"image\":{\"@id\":\"https:\\\/\\\/www.bharatestates.com\\\/blog\\\/resale-home-or-new-home\\\/#primaryimage\"},\"thumbnailUrl\":\"http:\\\/\\\/www.bharatestates.com\\\/blog\\\/wp-content\\\/uploads\\\/2011\\\/08\\\/newhome.jpg\",\"articleSection\":[\"Buy & Sell\",\"Tips\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.bharatestates.com\\\/blog\\\/resale-home-or-new-home\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.bharatestates.com\\\/blog\\\/resale-home-or-new-home\\\/\",\"url\":\"https:\\\/\\\/www.bharatestates.com\\\/blog\\\/resale-home-or-new-home\\\/\",\"name\":\"Resale Home or New Home -\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.bharatestates.com\\\/blog\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.bharatestates.com\\\/blog\\\/resale-home-or-new-home\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.bharatestates.com\\\/blog\\\/resale-home-or-new-home\\\/#primaryimage\"},\"thumbnailUrl\":\"http:\\\/\\\/www.bharatestates.com\\\/blog\\\/wp-content\\\/uploads\\\/2011\\\/08\\\/newhome.jpg\",\"datePublished\":\"2011-08-31T18:18:47+00:00\",\"dateModified\":\"2020-06-14T23:29:17+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.bharatestates.com\\\/blog\\\/#\\\/schema\\\/person\\\/d713a900e6cc96b1468e2e80d6dfb417\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.bharatestates.com\\\/blog\\\/resale-home-or-new-home\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.bharatestates.com\\\/blog\\\/resale-home-or-new-home\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.bharatestates.com\\\/blog\\\/resale-home-or-new-home\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.bharatestates.com\\\/blog\\\/wp-content\\\/uploads\\\/2011\\\/08\\\/newhome.jpg\",\"contentUrl\":\"https:\\\/\\\/www.bharatestates.com\\\/blog\\\/wp-content\\\/uploads\\\/2011\\\/08\\\/newhome.jpg\",\"width\":\"304\",\"height\":\"209\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.bharatestates.com\\\/blog\\\/resale-home-or-new-home\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.bharatestates.com\\\/blog\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Resale Home or New Home\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.bharatestates.com\\\/blog\\\/#website\",\"url\":\"https:\\\/\\\/www.bharatestates.com\\\/blog\\\/\",\"name\":\"\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.bharatestates.com\\\/blog\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.bharatestates.com\\\/blog\\\/#\\\/schema\\\/person\\\/d713a900e6cc96b1468e2e80d6dfb417\",\"name\":\"admin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/3304f2ba20ca986362483dfae3e79c8232a9c903ffb2d3e2f0f48f3c4c7ef992?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/3304f2ba20ca986362483dfae3e79c8232a9c903ffb2d3e2f0f48f3c4c7ef992?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/3304f2ba20ca986362483dfae3e79c8232a9c903ffb2d3e2f0f48f3c4c7ef992?s=96&d=mm&r=g\",\"caption\":\"admin\"},\"url\":\"https:\\\/\\\/www.bharatestates.com\\\/blog\\\/author\\\/admin\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Resale Home or New Home -","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.bharatestates.com\/blog\/resale-home-or-new-home\/","og_locale":"en_US","og_type":"article","og_title":"Resale Home or New Home -","og_description":"It is always a point of confusion among the prospective buyers whether to buy a new home or an old one? \u00a0An old home can be a resale property which is pre-owned and now available for sale. Both the options have their advantages and disadvantages that one needs to consider before taking the decision. Let […]","og_url":"https:\/\/www.bharatestates.com\/blog\/resale-home-or-new-home\/","article_published_time":"2011-08-31T18:18:47+00:00","article_modified_time":"2020-06-14T23:29:17+00:00","og_image":[{"url":"http:\/\/www.bharatestates.com\/blog\/wp-content\/uploads\/2011\/08\/newhome.jpg","type":"","width":"","height":""}],"author":"admin","twitter_misc":{"Written by":"admin","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.bharatestates.com\/blog\/resale-home-or-new-home\/#article","isPartOf":{"@id":"https:\/\/www.bharatestates.com\/blog\/resale-home-or-new-home\/"},"author":{"name":"admin","@id":"https:\/\/www.bharatestates.com\/blog\/#\/schema\/person\/d713a900e6cc96b1468e2e80d6dfb417"},"headline":"Resale Home or New Home","datePublished":"2011-08-31T18:18:47+00:00","dateModified":"2020-06-14T23:29:17+00:00","mainEntityOfPage":{"@id":"https:\/\/www.bharatestates.com\/blog\/resale-home-or-new-home\/"},"wordCount":852,"commentCount":1,"image":{"@id":"https:\/\/www.bharatestates.com\/blog\/resale-home-or-new-home\/#primaryimage"},"thumbnailUrl":"http:\/\/www.bharatestates.com\/blog\/wp-content\/uploads\/2011\/08\/newhome.jpg","articleSection":["Buy & Sell","Tips"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.bharatestates.com\/blog\/resale-home-or-new-home\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.bharatestates.com\/blog\/resale-home-or-new-home\/","url":"https:\/\/www.bharatestates.com\/blog\/resale-home-or-new-home\/","name":"Resale Home or New Home -","isPartOf":{"@id":"https:\/\/www.bharatestates.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.bharatestates.com\/blog\/resale-home-or-new-home\/#primaryimage"},"image":{"@id":"https:\/\/www.bharatestates.com\/blog\/resale-home-or-new-home\/#primaryimage"},"thumbnailUrl":"http:\/\/www.bharatestates.com\/blog\/wp-content\/uploads\/2011\/08\/newhome.jpg","datePublished":"2011-08-31T18:18:47+00:00","dateModified":"2020-06-14T23:29:17+00:00","author":{"@id":"https:\/\/www.bharatestates.com\/blog\/#\/schema\/person\/d713a900e6cc96b1468e2e80d6dfb417"},"breadcrumb":{"@id":"https:\/\/www.bharatestates.com\/blog\/resale-home-or-new-home\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.bharatestates.com\/blog\/resale-home-or-new-home\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.bharatestates.com\/blog\/resale-home-or-new-home\/#primaryimage","url":"https:\/\/www.bharatestates.com\/blog\/wp-content\/uploads\/2011\/08\/newhome.jpg","contentUrl":"https:\/\/www.bharatestates.com\/blog\/wp-content\/uploads\/2011\/08\/newhome.jpg","width":"304","height":"209"},{"@type":"BreadcrumbList","@id":"https:\/\/www.bharatestates.com\/blog\/resale-home-or-new-home\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.bharatestates.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Resale Home or New Home"}]},{"@type":"WebSite","@id":"https:\/\/www.bharatestates.com\/blog\/#website","url":"https:\/\/www.bharatestates.com\/blog\/","name":"","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.bharatestates.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.bharatestates.com\/blog\/#\/schema\/person\/d713a900e6cc96b1468e2e80d6dfb417","name":"admin","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/3304f2ba20ca986362483dfae3e79c8232a9c903ffb2d3e2f0f48f3c4c7ef992?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/3304f2ba20ca986362483dfae3e79c8232a9c903ffb2d3e2f0f48f3c4c7ef992?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/3304f2ba20ca986362483dfae3e79c8232a9c903ffb2d3e2f0f48f3c4c7ef992?s=96&d=mm&r=g","caption":"admin"},"url":"https:\/\/www.bharatestates.com\/blog\/author\/admin\/"}]}},"_links":{"self":[{"href":"https:\/\/www.bharatestates.com\/blog\/wp-json\/wp\/v2\/posts\/3142","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bharatestates.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bharatestates.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bharatestates.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bharatestates.com\/blog\/wp-json\/wp\/v2\/comments?post=3142"}],"version-history":[{"count":1,"href":"https:\/\/www.bharatestates.com\/blog\/wp-json\/wp\/v2\/posts\/3142\/revisions"}],"predecessor-version":[{"id":33494,"href":"https:\/\/www.bharatestates.com\/blog\/wp-json\/wp\/v2\/posts\/3142\/revisions\/33494"}],"wp:attachment":[{"href":"https:\/\/www.bharatestates.com\/blog\/wp-json\/wp\/v2\/media?parent=3142"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bharatestates.com\/blog\/wp-json\/wp\/v2\/categories?post=3142"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bharatestates.com\/blog\/wp-json\/wp\/v2\/tags?post=3142"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}