FINESERVE CONSULTANTS is actively involved in the resale of commercial in Delhi NCR. We have thorough knowledge of the region and have dedicated professionals to address all your real estate needs- whether specific or right from scratch. Our team understands your requirement in depth and then starts working on the same to fulfill it in the most effective and efficient manner possible. The advantages of going in for a property in the resale market is that you may get a good flexibility in the payment terms and can negotiate/ structure a good deal which is according to your level of comfort. Also, here you might find a property, which is ready to move in, or nearing its possession as you are entering at a later stage of the payment plan. In the larger cities, new commerical property supply is scarce or non-existent in many central locations. In such areas, there would not be a question of discounts on resale properties. Discounts are more prevalent in areas where the market is more competitive. The said resale properties are sold either by the primary owners or by investors. As such, there is a much higher possibility of flexibility in the payment terms. One should bear in mind that the Indian commerical property market is in a constant state of evolution and so; it is unlikely to find the facilities and amenities that are available in the newer projects on the market in an older building. There are certain challenges that a buyer of a resale commerical property may face. This could include lack of proper chain of documentation, especially in cases where the property has changed hands more than a couple of times in the past. If the property is over 10 years old, it is possible that it was never formally registered in the first place. Registering it at the current point in time would put the onus of paying the stamp duty in arrears on the buyer.