Should I buy resale flat or new?

Q: I am planning to buy a 2BHK flat in Bangalore in Whitefield, Brookefield, Kundalahalli, AECS Layout area. My Budget is up to 65 lacs. Should I go for Resale Flat or new? I am not sure how long I will stay in Bangalore. But as of now 2 yrs for sure.
If I buy a resale flat and want to sell it after 3 yrs what would be the resale value? And If I buy a new flat what would be resale value of a new flat? Which will at least return me the money invested?

Ashish Joshi,

8th December 2012

Buying property in Bangalore

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If you are buying house then resale is a good option, but new one is better if you want to buy flat.. And I think within your budget there will be many flats available.. I just saw a flat listed in this website for sale at Rs 64 lakhs in Keerthi Flora. It is a good project, and there are 3 bedrooms in it and has many amenities. Check more details here- flat for sale