India, July 13 -- In Bengaluru, where home prices are on the rise and affordable homes in central areas are becoming scarce, many homebuyers face a tough choice: buy an older apartment in a prime location or opt for a newer, modern flat on the city's outskirts.

Experts point out that older apartments in well-established central neighbourhoods often come at a 10-13% discount, making them appealing to budget-conscious buyers who value location over luxury amenities. These homes may lack facilities like a swimming pool or clubhouse, but they offer proximity to offices, schools, and transit hubs, an advantage that still holds strong appeal.

On the other hand, if a buyer is looking for better value, potential appreciation, and can tolerate s...