India, June 22 -- In 2021, Priya Sharma, a marketing professional from Noida, booked a 2BHK apartment in an under-construction project that promised delivery within 24 months. But as of mid-2025, the project remains unfinished, delayed by funding and approval issues. Meanwhile, Priya continues to pay both EMIs and rent, stretching her finances and forcing her to delay major life plans, including starting a family. Fortunately, since the project is registered under RERA, she is eligible for compensation from the developer.

Despite such risks, under-construction homes offer notable financial advantages, most significantly, they come at a lower price compared to ready-to-move-in properties.

"One of the biggest benefits is the lower price, ...