{"id":245633,"date":"2025-05-26T14:09:47","date_gmt":"2025-05-26T08:39:47","guid":{"rendered":"https:\/\/settlin.in/blog\/?p=245633"},"modified":"2025-05-26T14:18:39","modified_gmt":"2025-05-26T08:48:39","slug":"indias-shift-towards-resale-2","status":"publish","type":"post","link":"https:\/\/settlin.in/blog\/indias-shift-towards-resale-2\/","title":{"rendered":"When Buying for Self-stay, a Resale Property is Always Better"},"content":{"rendered":"\n
When planning to buy a house, have you found yourself weighing the options between a newly built home and a resale property? Here’s a surprising fact: over two-thirds of homebuyers opt for resale properties. Simply because resale homes almost always offer:<\/p>\n\n\n\n
\n
Better livability,<\/strong> <\/li>\n\n\n\n
Better returns,<\/strong> <\/li>\n\n\n\n
And lower risk<\/strong> <\/li>\n<\/ol>\n\n\n\n
Let’s explore these three key factors in detail:<\/p>\n\n\n\n
Better Livability<\/strong><\/h3>\n\n\n\n
Resale properties offer the freedom to choose familiar, well-connected locations and vibrant communities\u2014something new projects in remote areas can\u2019t easily match.<\/p>\n\n\n\n
Every Facility at Arm’s LengthX<\/strong><\/h4>\n\n\n\n
One of the greatest benefits of buying resale property is its location. Most resale homes are located in well-established neighborhoods, putting you within reach of essential amenities like schools, hospitals, shopping centers, and public transportation. New constructions, especially those on the outskirts, often take years to develop similar amenities, causing inconvenience for residents in the meantime. Take Central Whitefield in Bangalore, for example. This location offers everything from top-tier hospitals to IT companies and shopping malls in very close proximity.<\/p>\n\n\n\n
Better Returns<\/strong><\/h3>\n\n\n\n
Resale homes tend to attract tenants more easily and experience faster appreciation over time, especially when compared to new projects still under development on the outskirts.<\/p>\n\n\n\n
Faster Appreciation<\/strong><\/h4>\n\n\n\n
When it comes to long-term appreciation, resale properties in established locations usually outperform new properties in emerging locations.<\/p>\n\n\n\n
This difference in appreciation is due to one factor: land scarcity<\/strong>. Older locations often have no more land parcels available for new developments. This limited supply, coupled with regular high demand, drives property values up at a much faster rate.<\/p>\n\n\n\n<\/figure>\n\n\n\n
Check a real-world example:<\/strong><\/p>\n\n\n\n
\n
Koramangala’s Raheja Residency, a 21-year-old property that increased from \u20b951 lakhs in 2001 to \u20b92.5 crore today, with Sarjapur Road’s Mantri Glades, which rose from \u20b987 lakhs in 2011 to \u20b91.6 crores now. Although both have appreciated it, the difference is stark. <\/li>\n\n\n\n
Established areas like Jayanagar, HSR Layout, Hebbal, Marathahalli, Whitefield with limited land and high demand, fuel rapid value growth in resale properties, outpacing newer developments on the outskirts.<\/li>\n<\/ul>\n\n\n\n
Rental Income Starts Immediately<\/strong><\/h4>\n\n\n\n
Resale properties offer immediate rental income to those who don’t shift into their home right away. In prime areas like Whitefield, a resale 2BHK flat can rent for \u20b940,000 to \u20b950,000, far higher than rents in developing areas. This steady income can help you in many ways, unlike new properties in emerging locations, which may take years to yield similar returns.<\/p>\n\n\n\n
Lesser Risk<\/strong><\/h3>\n\n\n\n
With resale properties, you avoid the burden of paying both rent and EMI simultaneously, as they are ready-to-move-in homes with no need to wait years for completion – no delays, no uncertainties<\/em><\/strong>.<\/p>\n\n\n\n
Financial Ease: No Dual Burden of Rent and EMI<\/strong><\/h4>\n\n\n\n
One of the biggest financial burdens with new construction is the double cost\u2014paying both rent and EMIs at the same time. With resale property, you can escape this financial trap. Even if you don\u2019t plan to occupy the home right away, you can rent it out and start generating income that helps you pay your EMIs. This is also the perfect setup for a starter home which you can sell later to buy your dream home.<\/p>\n\n\n\n
Risk-Free Investment: No Delays, No Uncertainties<\/strong><\/p>\n\n\n\n
Delays in new construction projects are a very common problem for homebuyers. The RERA may grant one year or more extension if the developer submits a plea or the delay is due to unforeseen challenges. This can significantly impact your financial planning and return on investment (ROI).<\/p>\n\n\n\n
With a resale property, what you see is what you get<\/strong>. There’s no waiting period. You can inspect the property, know exactly what you’re buying, and move in as soon as the paperwork is done\u2014no surprises, just certainty and convenience. This certainty allows you to stay worry-free and focused on your next life goals.<\/p>\n\n\n\n
Properly Maintained<\/strong><\/h3>\n\n\n\n
Resale properties are typically well-maintained, with renovation cycles occurring every 5-6 years, ensuring the building looks younger and more solid compared to newer constructions.<\/p>\n\n\n\n
Already done with maintenance fixes<\/strong><\/h4>\n\n\n\n
New properties may look perfect at first glance, but they almost always come with their share of problems. Plumbing issues, electrical faults, and minor structural flaws that often surface within the first few years may make you spend time and money on repairs. Resale homes, however, have already weathered their initial issues. The previous owners would have taken care of most construction-related fixes, allowing you to move into a home that\u2019s already settled. This can save you significant time, money, and stress compared to dealing with the unavoidable occurrences of a brand-new property.<\/p>\n\n\n\n
Settlin is modernizing real estate resale for you<\/strong><\/p>\n\n\n\n
Settlin works as a single point brokerage platform that uses an array of Apps and dedicated customer-success teams to help you deal in resale properties without any hassle. It offers you the exclusive properties based on your preferences. Want to know what more it offers, check below:<\/p>\n\n\n\n
\n
Settlin streamlines your property search by offering a comprehensive database of serious sellers, ensuring 100% availability and decision-ready profiles. <\/li>\n\n\n\n
Our exclusive listings are competitively priced, giving you access to the best properties in Bangalore\u2019s competitive market. <\/li>\n\n\n\n
We manage property visits with precision, recording your feedback to refine future recommendations and make each viewing a positive experience. <\/li>\n\n\n\n
Settlin\u2019s customer-friendly portal allows you to filter through over 85 parameters, helping you do an apple-to-apple comparison among the ideal properties that match your specific requirements. <\/li>\n\n\n\n
When you find a property you love, Settlin facilitates a smooth transaction process. Best of all, we provide this end-to-end service at zero brokerage cost, making your journey to homeownership in Bangalore both efficient and economical. <\/li>\n\n\n\n
And, we also provide free legal opinions from reputed firms.<\/li>\n<\/ul>\n\n\n\n
When planning to buy a house, have you found yourself weighing the options between a newly built home and a resale property? Here’s a surprising fact: over two-thirds of homebuyers opt for resale properties. Simply because resale homes almost always offer: Let’s explore these three key factors in detail: Better Livability Resale properties offer the […]<\/p>\n","protected":false},"author":10,"featured_media":245634,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"off","_et_pb_old_content":"","_et_gb_content_width":"","_coblocks_attr":"","_coblocks_dimensions":"","_coblocks_responsive_height":"","_coblocks_accordion_ie_support":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[4,10,17,13],"tags":[29,28,27],"class_list":["post-245633","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bangalore","category-buy-property","category-home-buyers","category-resale","tag-buy-flat-in-bangalore","tag-buy-home-in-bangalore","tag-real-estate"],"yoast_head":"\n
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I get around 6 news items daily. But since the last 6 months, of the 1080 articles, I have not seen more than 3 articles on the secondary markets. Resale markets are unable to compete with the\u00a0primarySecondary market\u200a\u2014\u200awhat and\u00a0why? Secondary real\u2026","rel":"","context":"In "Bangalore"","block_context":{"text":"Bangalore","link":"https:\/\/settlin.in/blog\/category\/bangalore\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":7,"url":"https:\/\/settlin.in/blog\/amazing-sale-on-resale\/","url_meta":{"origin":245633,"position":1},"title":"Amazing sale on\u00a0resale","author":"Sudhanshu","date":"November 6, 2016","format":false,"excerpt":"Resale properties are on high demand since the downfall of realty industry. Still they can be bought at a lot cheaper prices.Housing is down, but Settling is\u00a0up Properties were a sought after investment commodity not more than a year ago. They still are in many Tier III pockets of the\u2026","rel":"","context":"In "Buy Property"","block_context":{"text":"Buy Property","link":"https:\/\/settlin.in/blog\/category\/buy-property\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":245657,"url":"https:\/\/settlin.in/blog\/why-property-age-shouldnt-be-a-dealbreaker-check-what-really-matters\/","url_meta":{"origin":245633,"position":2},"title":"Why Property Age Shouldn’t Be a Dealbreaker: Check What Really Matters","author":"Revanth R","date":"May 26, 2025","format":false,"excerpt":"\"Is it worth buying an older property?\" As a prospective homebuyer, this thought likely came to your mind. But here's a surprising truth: property age should be the least of your worries. Why? Because They reset themselves in a 4-6 years cycle of routine overhaul And rate of appreciation only\u2026","rel":"","context":"In "Bangalore"","block_context":{"text":"Bangalore","link":"https:\/\/settlin.in/blog\/category\/bangalore\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/settlin.in/blog\/wp-content\/uploads\/2025\/05\/Property-age-1-1-1.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/settlin.in/blog\/wp-content\/uploads\/2025\/05\/Property-age-1-1-1.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/settlin.in/blog\/wp-content\/uploads\/2025\/05\/Property-age-1-1-1.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/settlin.in/blog\/wp-content\/uploads\/2025\/05\/Property-age-1-1-1.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/settlin.in/blog\/wp-content\/uploads\/2025\/05\/Property-age-1-1-1.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/settlin.in/blog\/wp-content\/uploads\/2025\/05\/Property-age-1-1-1.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":1295,"url":"https:\/\/settlin.in/blog\/indias-shift-towards-resale-real-estate\/","url_meta":{"origin":245633,"position":3},"title":"India\u2019s Shift Towards Resale Real Estate","author":"Gaurav Pandey","date":"December 23, 2024","format":false,"excerpt":"Fun fact: Maximum home buyers in India prefer resale properties instead of new ones. 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With so many advantages, it\u2019s no wonder people are drawn to homes that\u2026","rel":"","context":"In "Bangalore"","block_context":{"text":"Bangalore","link":"https:\/\/settlin.in/blog\/category\/bangalore\/"},"img":{"alt_text":"India\u2019s Shift Towards Resale Real Estate","src":"https:\/\/i0.wp.com\/settlin.in/blog\/wp-content\/uploads\/2025\/03\/four.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/settlin.in/blog\/wp-content\/uploads\/2025\/03\/four.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/settlin.in/blog\/wp-content\/uploads\/2025\/03\/four.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/settlin.in/blog\/wp-content\/uploads\/2025\/03\/four.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/settlin.in/blog\/wp-content\/uploads\/2025\/03\/four.jpg?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/settlin.in/blog\/wp-content\/uploads\/2025\/03\/four.jpg?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":245643,"url":"https:\/\/settlin.in/blog\/property-registration-charges-stamp-sign-settle\/","url_meta":{"origin":245633,"position":4},"title":"Property Registration Charges – Stamp, Sign, Settle","author":"Ravi Gupta","date":"May 26, 2025","format":false,"excerpt":"Buying a home in Bangalore is an exciting step, but it comes with a few additional costs that can catch you off guard if you're not prepared. Understanding what you\u2019ll need to pay\u2014beyond just the price of the property\u2014is key. This guide walks you through the essential charges like stamp\u2026","rel":"","context":"In "Bangalore"","block_context":{"text":"Bangalore","link":"https:\/\/settlin.in/blog\/category\/bangalore\/"},"img":{"alt_text":"Property Registration Charges","src":"https:\/\/i0.wp.com\/settlin.in/blog\/wp-content\/uploads\/2025\/05\/Stamp-Sign-Settle-Charges-Blog-1.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/settlin.in/blog\/wp-content\/uploads\/2025\/05\/Stamp-Sign-Settle-Charges-Blog-1.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/settlin.in/blog\/wp-content\/uploads\/2025\/05\/Stamp-Sign-Settle-Charges-Blog-1.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/settlin.in/blog\/wp-content\/uploads\/2025\/05\/Stamp-Sign-Settle-Charges-Blog-1.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/settlin.in/blog\/wp-content\/uploads\/2025\/05\/Stamp-Sign-Settle-Charges-Blog-1.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/settlin.in/blog\/wp-content\/uploads\/2025\/05\/Stamp-Sign-Settle-Charges-Blog-1.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":245475,"url":"https:\/\/settlin.in/blog\/old-really-is-gold-in-real-estate\/","url_meta":{"origin":245633,"position":5},"title":"Old Really is Gold in Real Estate","author":"Revanth R","date":"March 13, 2025","format":false,"excerpt":" When you think about buying a home, what\u2019s the first thing that comes to mind? If you\u2019re like most people, it\u2019s probably something shiny and new. 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