{"id":1178,"date":"2024-12-26T18:21:27","date_gmt":"2024-12-26T12:51:27","guid":{"rendered":"https:\/\/www.jashnrealty.com\/blog\/?p=1178"},"modified":"2025-06-26T12:50:03","modified_gmt":"2025-06-26T07:20:03","slug":"questions-to-ask-when-buying-an-under-construction-property","status":"publish","type":"post","link":"https:\/\/www.jashnrealty.com\/blog\/questions-to-ask-when-buying-an-under-construction-property","title":{"rendered":"Questions to Ask When Buying an Under-construction Property"},"content":{"rendered":"\n<p>Residential and commercial properties are mostly preferred by investors when it comes to earning huge profits in the near term. Most investors look for under-construction properties, which are accessible at lower prices. Selling them at higher rates, therefore, gives them a massive profit.<\/p>\n\n\n\n<p>However, do not make a hasty decision when buying an under-construction property. Such properties come with hidden risks for buyers. The uninformed buyers might even lose money in the long run.<\/p>\n\n\n\n<p>So, you have finalized and signed the agreement for an under-construction unit. The builder will ensure that the construction work will be done as per the schedule. You are assured of having the keys in hand in a year or so. But, later on, the builder takes many more years to complete the project, and you do not still live there. In that situation, you have no control over what is happening. You are now solely dependent on the mercy of the builder.<\/p>\n\n\n\n<p>Therefore, asking the right questions to know if the property is worth the investment would be good.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_79_2 ez-toc-wrap-left counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.jashnrealty.com\/blog\/questions-to-ask-when-buying-an-under-construction-property\/#Questions_to_ask_your_builder_before_buying_an_under-construction_property\" >Questions to ask your builder before buying an under-construction property<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.jashnrealty.com\/blog\/questions-to-ask-when-buying-an-under-construction-property\/#How_much_is_the_project_expected_to_appreciate\" >How much is the project expected to appreciate?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.jashnrealty.com\/blog\/questions-to-ask-when-buying-an-under-construction-property\/#How_many_units_the_project_has_sold\" >How many units the project has sold?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.jashnrealty.com\/blog\/questions-to-ask-when-buying-an-under-construction-property\/#Can_you_provide_your_previous_project_details\" >Can you provide your previous project details?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.jashnrealty.com\/blog\/questions-to-ask-when-buying-an-under-construction-property\/#Will_your_project_allow_hoardings_or_mobile_towers\" >Will your project allow hoardings or mobile towers?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.jashnrealty.com\/blog\/questions-to-ask-when-buying-an-under-construction-property\/#Will_you_have_the_projects_commercial_rights\" >Will you have the project\u2019s commercial rights?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.jashnrealty.com\/blog\/questions-to-ask-when-buying-an-under-construction-property\/#Wrapping_Up\" >Wrapping Up<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Questions_to_ask_your_builder_before_buying_an_under-construction_property\"><\/span>Questions to ask your builder before buying an under-construction property<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Do not make a hasty decision when planning to buy an under-construction property. Instead, enquire around about the project and builder. Here are the top key questions to ask:<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_much_is_the_project_expected_to_appreciate\"><\/span>How much is the project expected to appreciate?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>If you intend to invest in a residential property in an upcoming society or project, you want to make a nice profit. Therefore, the first question to ask the builder is about the unit\u2019s profitability. Ask the builder how much the unit\u2019s prices will likely be appreciated in the next few years. That is a vital question, especially when your sole intention is to invest to make a huge profit.<\/p>\n\n\n\n<p>So, find out how profitable the project will be for the investors shortly. A project in the right locality with connectivity is preferable from an investment angle. If you want to invest to make a quick, attractive profit, then enquire about the project\u2019s prospects.<\/p>\n\n\n\n<p>A project\u2019s prospects of earning huge profit depend mostly on two factors. These are locality and <a href=\"https:\/\/www.jashnrealty.com\/blog\/exploring-social-infrastructure-and-connectivity-in-sushant-golf-city-lucknow\">connectivity<\/a>. If the project is near famous landmarks that people frequently visit, it will be appreciated quickly in a few years only. Secondly, a well-connected project with roads, bus depots, airports, etc., is bound to earn you a high return on your investment. For example, <a href=\"https:\/\/www.jashnrealty.com\/projects\/residential\/jashn-elevate\/club-towers\">Jashn Elevate Club Towers<\/a> in Sushant Golf City, Lukcnow is adjacent to all the famous areas and attractions. This project is sure to earn higher appreciation in coming years.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_many_units_the_project_has_sold\"><\/span>How many units the project has sold?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>While buying a property in an under-construction society project, find out how many units are sold. A good number of units booked will indicate the dependable quality of residential units. Such projects with a good brand reputation often have all the units sold immediately. This is because investors have faith in the quality of their work and timely completion.<\/p>\n\n\n\n<p>If not many units are sold, that might hint at potential issues. In that case, you should investigate the matter further before signing the agreement.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Can_you_provide_your_previous_project_details\"><\/span>Can you provide your previous project details?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Do not forget to enquire about the past project works the builder has completed. That will indicate how likely the company will hand over the property per the schedule. Getting an insight into the builder\u2019s track record will fill you with confidence when buying an under-construction property. You can talk to the builders&#8217; past customers, too.<\/p>\n\n\n\n<p>These days, you can easily get the builder\u2019s background online. Go to the builder\u2019s website and learn more about the previous projects. Go to the testimonial section to know what clients have to say.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Will_your_project_allow_hoardings_or_mobile_towers\"><\/span>Will your project allow hoardings or mobile towers?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p><a href=\"https:\/\/www.jashnrealty.com\/blog\/common-questions-investors-ask-when-investing-in-lucknows-real-estate\">Ask the builder some crucial questions<\/a> regarding hoarding and mobile towers as well. Many builders keep the right to display hoarding on rooftops of households. They lease out the space not only for hoardings but also for mobile towers. So, if you wish to own a unit on the top floor, ask if the builder will install hoardings or mobile towers.<\/p>\n\n\n\n<p>A disadvantage of these two is that they hurt the property\u2019s resale value. That may not give you the intended investment profit. Moreover, mobile towers in your society can also be a potential risk for your elders and children.<\/p>\n\n\n\n<p>Also, you can negotiate the price if you do not mind buying a rooftop property with hoarding or mobile towers. The builder might lower the prices to what you are asking for since there might not be a good demand for the property.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Will_you_have_the_projects_commercial_rights\"><\/span>Will you have the project\u2019s commercial rights?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Builders lure people to buy properties in societies by showing a wide range of modern amenities. These include a gym, swimming pools, clubhouse, etc. Make queries regarding these amenities. However, one of the crucial questions is whether the builder has commercial rights to those amenities.<\/p>\n\n\n\n<p>Many buyers later know that the builder has some rights over the amenities. The residents have only the membership in that case. Therefore, the agreement mentioned whether the builder holds the rights to amenities before signing it.<\/p>\n\n\n\n<p>These are the key questions for a builder when buying an under-construction property. Buying a property from a trustworthy builder such as <a href=\"https:\/\/www.jashnrealty.com\">Jashn Realty<\/a> is advisable. This builder has an excellent track record of quality work and timely completion of units.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Wrapping_Up\"><\/span>Wrapping Up<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Under-construction properties are less costly, but make the correct queries before signing the agreement. Ask the builder questions related to the expected value appreciation of the unit, the builder\u2019s reputation, units sold, hoardings and mobile towers, and commercial rights on amenities. That gives an idea of how safe your investment in such a property is.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Residential and commercial properties are mostly preferred by investors when it comes to earning huge profits in the near term. Most investors look for under-construction properties, which are accessible at lower prices. Selling them at higher rates, therefore, gives them a massive profit. However, do not make a hasty decision when buying an under-construction property. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1182,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[3,8],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Questions to Ask When Buying an Under-construction Property<\/title>\n<meta name=\"description\" content=\"When investing in an under-construction property, know more about it and the builder. 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