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Is it sensible to buy resale flats?

Rahul was tired of shifting flats due to the ever increasing rental rates in Delhi until he decided to invest his money in purchasing a resale flat. In addition to a hefty discount, the flat came readymade with an instant-shift tag. Rahul can now spend the saved money on the interior décor and can flaunt his cheap yet elegant home to his colleagues.

Rather than waiting endlessly for the real estate prices to fall or falling in the sugar coated trap of the developers, a money conscious person looks for options that offer a good solution. The resale flats might be as good as new and can be obtained at a discount of no less than 10% of the price of a novel construction. However, does the cost saving alone make the resale flats an economical alternative to the new bed-sitters?

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