India, March 9 -- Bollywood actor Preity Zinta recently sold her Mumbai apartment for Rs.18.50 crore after the redevelopment of her old building, highlighting a common dilemma for homeowners: whether to sell before or after redevelopment. Experts say redeveloped buildings often command higher resale value because buyers prefer newer projects with modern amenities such as parking, security and upgraded infrastructure.

Having said that, for some owners, selling before redevelopment helps them avoid years of uncertainty, possible construction delays and the inconvenience of temporary relocation, as these projects often take several years due to regulatory approvals and financial or construction challenges.

According to property registratio...