Resale Flat or Under Construction Flat for sale Business

The resale flats are an affordable solution to the accommodation needs of the salaried individuals. However, these come with certain unintentional repercussions as well. Being dealt at the hands of individuals, purchasing a resale flat often requires paying at least 20% down payment that may be in cash, which is higher than that asked by the construction companies. Resale might require dealing with some mandatory expenses like registration fees, stamp charges, transfer fees, utility transfer fees and real-estate agent fees among many others. Sometimes, the previous owner may not have cleared the dues with the society or building management, which would need to be doled out by the new owners. The other corollaries might include minor expenses allotted towards home makeover, parking/security charges, society membership fees and a couple of other overheads.