Finfluencer Urges Buyers to Consider Older Homes in India

A financial expert named Akshat Shrivastava suggests that buying new apartments in India might not be the best idea right now.

He says that the cost of building materials and labor has gone up a lot, so new homes are more expensive.

Builders have to charge more to cover these increasing costs.

Instead, he recommends buying older homes because they offer better value, more space, and you can move in faster.

Data from real estate companies confirms that new homes cost more than older ones.

However, before buying an older home, it's important to check if it needs repairs and to make sure everything is legal.