India, April 17 -- A Bengaluru homebuyer's one-year experience in Jigani has highlighted how a Rs.55 lakh investment offering space and appreciation potential is tempered by legal uncertainties like buying an apartment without an occupancy certificate (OC), underscoring the trade-offs many buyers tend to overlook. Buying an apartment without an OC or Completion Certificate (CC) may offer lower entry prices in cities like Bengaluru, but experts warn the risks could outweigh the benefits.
The buyer, who purchased a 1,020 sq ft apartment for Rs.45 lakh, with total acquisition cost rising to Rs.55 lakh including interiors and taxes, described the location as 'super far from the city,' adding that long daily commutes have become a major pain ...
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