Is it Better to Buy a Ready Flat or Under-Construction Flat?

  • Posted by: Tropical Homes
  • Category: blog

Everyone wants to make their dream home, and turning this dream into reality is certainly a challenging task. Some consider the option of purchasing a ready flat, while others opt for buying an under-construction flat.
Choosing between buying a ready flat or an under-construction flat is indeed a dilemma. So, let’s look at some of the pros and cons of a ready-to-move-in flat or an under-construction flat in this blog.

Ready Flat

Ready flats are great for people who want to move into flats that are already fully furnished. Here are a few reasons to choose to move into a ready flat:

1. Fully equipped

These flats come with amenities and utilities such as electricity, gas, and water supply connections pre-installed. Having these utilities pre-installed helps ease the stress of finding and contacting the right people to install them beforehand. Just like Tropical Homes’ Haider Amorapuri at Banasree Main Road, Dhaka.

2. No or less waiting period

Individuals or families who want to move to a new home within a short time can opt for ready-to-move-in flats. As they already are fully equipped with the utilities and amenities, shifting can be done much more quickly and with less hassle. Several places in Dhaka and on its outskirts, now offer ready flats for sale such as Tropical Aupshora at Savar DOHS.

3. Accessible location

For the ease of commuting to school or office, families often choose ready-to-move-in flats. Living near the school, children can easily travel to their school. They can also travel on their own and can be picked up or dropped off at home under supervision comfortably. Working parents or other family members can travel back and forth in less time.

4. Easy to sell off

Given that ready-to-move-in flats are already well-equipped, they are comparatively easier to sell later on. This is because they have a better resale value to landlords or proprietors, etc. They can be rented out or leased under appropriate contracts to other people.

However, with every benefit, comes a drawback. As easy as it is to move into ready flats, it equally comes at a higher price since they are already fully equipped. This also greatly depends on the location chosen, as price varies as per the market value of the real estate in different areas.

Since ready-to-move-in flats are available to purchase immediately, it is crucial to be prepared with enough finances for the payment. As a result, there may be less room for negotiation when eventually buying the flat.

Apart from that, it is often difficult to customize ready-to-move-in flats since the interior design has been made to the developer’s requirements. There may also be other issues, such as hidden costs of maintenance- i.e., repairing or fixing things.

Under-Construction Flat

Under-construction flats are like a long-term investment project. Since it is constructed following the purchaser’s preferences, there is an involvement in every step of the process.
Here are some of the reasons why people opt to buy under-construction flats:

1. Easily customizable

Making a dream home is truly a rewarding experience. Families who want to make their homes special can customize an under-construction flat in their way, as per their needs. For example, adding or removing a room or verandah, or adjusting room space (as much as possible) to fit their needs. A nice pick can be Tropical Hijoltola, at Dhaka Cantonment.

2. Long-term investment

As under-construction flats take a longer time to complete, they are considered to be a long-term investment. This means that the purchaser takes their time to choose the right developer, architecture and interior designing teams, vendors, and suppliers to make the perfect home, ensuring great quality.

It is essential to choose the right people to work with since it also denotes a sustainable and safe place to stay in the long run. Just like the Tropical MS Tower, at Tongi, Gazipur.

3. Easy negotiation and installment facility

As the buyer gets to choose whom to work with, there is room for negotiation. It is relatively easy to negotiate the prices of various elements and the quality of the things being used or installed in the flat. It is also easier to keep a check on these things too.

As the flat takes time to be finished and handed over, it is more workable and feasible to pay in installments, allowing the finances to be managed more fluidly.

There are, however, some disadvantages of purchasing under-construction flats. Some of them are listed below:

  • There is a long waiting period as it takes quite some time for these flats to be completed and handed over to the owner.

  • Construction can get stopped midway due to unforeseen circumstances. There may be issues with the developer, designing teams, or vendors that can be easily resolved.

  • There may be changes in the real estate market value, so there is a risk of the property having a decreased value.


People have different needs. Ready-to-move-in flats are great for families who prefer to move in at a convenient place within a short timeframe. These flats are handed over with well-equipped utilities and amenities. However, they do come at a higher price range, with limited scope of customization.

Meanwhile, under-construction flats offer more customization options. As they take a long time to be completed and handed over, the payment can be made in installments, easing the financial burden. Yet, naturally, problematic situations and complications may arise!

Frequently Asked Questions (FAQs)

1. What factors to consider when buying a ready-to-move-in flat?

Location, available amenities and utilities, and price should be considered.

2. What factors to consider when buying an under-construction flat?

Timeframe, customization options, and installment payment options should be considered before buying an under-construction flat.

3. Which locations are good for purchasing a flat?

Locations such as Gulshan, Banani, Uttara, Bashundara R/A, and Mirpur are good residential choices that have ongoing flats for sale in Dhaka.

4. What legal documents are needed to purchase a flat?

Legal clearance such as RAJUK approval, etc is needed. Other legal documents that may be needed can be such as land deeds, mutations, city surveys, and more.

Tropical Homes