I am Personal Employmrnt Pass holder looking to buy 3 room condo after 1 year i.e. in 2012. Is it better to book flat now in under construction condo which will be ready in 2012 or buy resale flat when I am financially ready in 2012. What are the financial commitments I have to make if I book under construction flat now. I will take 80% loan from bank, do I need to pay remaining 20% upfront while booking the under construction flat?
Thanks
Pravs