While purchasing a flat in Bangladesh, one of the earliest questions that the buyers get is:
Should I buy a ready-made apartment or invest in an under-construction property?
Both have their own pros and cons. The correct decision would rely on your budget, timeline, and investment objectives. Within this blog, we will discuss the differences as the key point to assist you in making a decision
Ready-Made Property
A ready-made property is an apartment or flat that is already fully constructed and can be taken possession of immediately.
Advantages of Ready-Made Property
Immediate Possession: You can occupy or lease it out immediately.
No Surprises: You know exactly what you are purchasing — layout, finishes, and amenities.
Rental Income: Less challenging to let it quickly and gain returns.
Lower Risk: No possibility of delays in building.
Disadvantages of Ready-Made Property
Higher Cost: Generally costlier than under-construction flats.
Limited Choices: Less freedom in design, layout, or customisation.
Older Designs: Might not feature the newest trends or smart-home amenities.
Under-Construction Property
Under-construction property refers to a flat that is still under construction, typically sold by builders with an adjustable payment scheme.
Advantages of Under-Construction Property
Lower Price: Generally less expensive than ready-made flats within the same location.
Flexible Payments: Pay instalments over the construction period.
Customization: There are some builders who let purchasers decide on interiors or configurations.
Potential for Appreciation: Bought early in a good project, the appreciation tends to increase significantly at handover.
Drawbacks of Under-Construction Property
Delays in Possession: Projects get delayed, which creates uncertainty.
Risks of Construction: Quality could be different from what had been assured.
Burden on Finance: Purchasers might have to pay rent and EMIs until handover.
Builder’s Track Record: Relies significantly upon the builder’s reputation.
Ready-Made vs. Under-Construction Property: Comparison
Factor | Ready-Made Property | Under-Construction Property |
Price | Higher | Lower, with installment options |
Availability | Immediate possession | Wait until completion |
Risk | Low (no delays) | Higher (depends on developer) |
Customization | Very limited | Possible (depending on project) |
Rental Income | Immediate | Only after completion |
Appreciation | Moderate | Higher if bought early |
Select Ready-Made Property if:
You require a home right away.
You desire to begin rental income soon.
You desire certainty and lesser risk.
Select Under-Construction Property if:
You desire a less expensive entry point.
You can wait for possession and desire flexible payments.
You are seeking higher appreciation potential.
Final Words
Ready-made as well as under-construction apartments are shrewd investments — but it is up to you what suits your requirements and financial objectives. If you desire certainty and instant use, a ready-made property is ideal. If you desire affordability and long-term worth, an under-construction property might be the wiser choice.
Search for the most up-to-date ready-to-move-in and under-development apartments in Dhaka at BestBari.com
and discover your ideal home.
