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Should I buy a bungalow from a developer or build it myself?

bungalow development

Should I buy a bungalow from a developer or build it myself?

With changing dynamics of the real estate market, the investors mindset is also evolving, constantly trying to find better opportunities and secure an undisputedly high profitability at every point in their investment career. For instance, modern homebuyers are now well aware of the perks of buying a bungalow over other types of residential properties, such as flats or apartments. 

Now, however, Investors find themselves juggling to decide between buying a ready bungalow from a developer or building one by themselves. While both of these options have their own plus points, the former stands out as a more sensible choice.

In this blog, we’ll explore why buying a built-up bungalow from a developer might be the better choice for many prospective homeowners.

Top 5 Reasons Why You Should Buy A Ready Villa Rather Than Constructing It!

Here are some of the most prominent reasons why buying the readymade bungalow is way more lucrative than building one yourself.

#1 You Can Benefit From The Professional Expertise 

Developers hire professionals, such as architects, engineers, and interior designers. This helps in ensuring that every aspect of the bungalow, from its structural integrity to its aesthetic appeal, is taken care of by experts. With a self-build, unless you’re an expert yourself, it might be tough to match the level of detail and expertise a team of professionals can provide.

Also, developers certainly have a better understanding of what the market wants. They incorporate those design trends and architectural styles that are likely to appreciate in value in the coming years. This ensures that should you want to sell the bungalow in the future, its design will still be relevant and fetch a good price.

#2 You Get A Hassle-Free Home-buying/Investment Experience 

When you buy from a developer, there are no unexpected hurdles or difficulties regarding statutory permissions and regulations. Developers ensure that their construction projects are compliant with all local laws and norms. 

On the other hand, navigating planning permissions, building regulations and understanding construction codes could be a daunting task for someone building their own home.

#3 It Saves Your Previous Time

Building a bungalow from scratch is a hugely time-consuming process. From planning, designing, hiring contractors, sourcing materials, to overseeing the construction work, it’s a time-consuming  and iterative journey that may take months or even years to complete. 

On the contrary, buying a ready-made bungalow relieves you of all these tasks. The developer handles everything from planning to construction, allowing you to move in significantly sooner.

#4 The Cost is Clear

Budgeting for a self-build project could be tricky as there will always be unexpected expenses cropping up during the construction phase. This uncertainty can lead to spiraling costs. Conversely, when you buy from a developer, you pay a fixed price. This protects you from unexpected costs, making it easier to budget and plan your finances.

#5 You CAN Trust The Process

When you take up the responsibility of building the house yourself, you assume all responsibilities for any problems that may arise. However, developers live for their word and give you a clear and reliable assurance of their work. 

This gives you peace of mind, as any structural or foundational issues that might crop up after you move in are typically covered at no extra cost. 

Summing it Up 

While self-built bungalows come with the satisfaction of creating your dream home just the way you want it, they come with their fair share of challenges as well. 

If you do not have the time, experience, or resources to manage a self-build project, buying a ready bungalow from a developer like 24 East Avenue can indeed be a great choice. It is a 24-acre vast premium villa project in Newtown that offers 2.5, 3, 3.5, 4, 5, and 7 BHK villas combined with a plethora of modern and High-end amenities. The project has a total of 310 units, each catering to the unique requirements of the buyers. 

After all, owning a home should be a joyous occasion, not a stressful task, and 24 East Avenue can help you achieve just that.

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