Security facilities, relatively low maintenance, customization, market value...etc edges out one of the two. Find out whether it is second-hand homes or brand-new homes.

1. BBESTEST BBUYUY
with
Second-HandSecond-Hand Homes OR Brand-New Homes

2. Buying a brand new home is often less risky when compared to buying a second hand
property. A new home needs relatively less maintenance and can hence offers more
long term revenue opportunities than a second hand home. Also, when you invest on
a new property, you can obtain certain distinct advantages. Real Estate investment in
Chennai is always a worthy proposition, one of the many ways of realizing your
investment in the short and long run. The Real Estate builders too offer a number of
varieties when it comes to residential realty. The need for variety is primarily because
of the different categories of property buyers and their own set of specific
requirements.

3. Distinct Advantages
Better Security Facilities
The all new flats for sale in Chennai today come with increased security facilities.
Doors and windows are ensured for safety and security multiple times and hence only
the best fittings are used. Moreover, all the modern homes come with security to
assure buyers who ought to take long breaks officially or personally.
Low Maintenance
One of the most important advantages of new flats is that maintenance is relatively
low. The property is brand new and so is the resources used to build the property.
They need not be necessarily restructured, re-painted or modified since you get to
possess a flat of your choice.
Better Choice
When you purchase a newly launched project, you have the choice of making
customized changes in the property. From structure, allocation of size and electric
fittings to floor and wall décor, buyers have a better choice vis-à-vis a second hand
home.

4. Ongoing Income
Life of an apartment is one of the deciding features when it comes to determining its
purchase value. When you buy a new flat, you have the luxury of extending the
highest values for an additional number of years over a second hand property. Also,
for instance, fresh flats for sale in Chennai offer better rental income, which applies to
any location in this world from Real Estate investment perspective.
Also, location plays a great deal in the kind of properties that are being constructed.
The builders in OMR are able to build opulent villas compared to the builders in any
other location, because of land availability, greater demand and nature of location. Of
course, builders on other locality too have been building premium apartments and
residential properties for the future. They make sure the new homes are built for the
modern customer.

5. To Buy or To Rent
Builders in Chennai mark their properties as per the location and buyers too are well
aware of the differential pricing. And because of the skyrocketing property price,
people began to prefer rental flats especially when their career prospects can move
them from one city to another. However, there are multiple reasons why people prefer
to invest on Real Estate in Chennai; The city still presents to be a very lucrative
option in the long run. Today, even rentals are growing higher, not just in numbers,
and therefore people find it tough to decide between purchase and rent. The decision
depends upon the ongoing property prices.

6. Ongoing property prices
Today, property prices are increasing lesser compared to the rental rate trend in
Chennai. It is better to purchase flats for they are likely to grow higher in the
subsequent years. Going for rental flats may be a wise option only if you are insistent
about a specific location where property prices are way above your budget or if you
are likely to move from the city within a few months. Nevertheless, Chennai presents
a great option regardless of whether you stay in the city or not since property prices
are affordable when compared to other metros and returns too skyrocketing. Yet
another trend observed in Chennai is that the rentals have been growing dramatically.