Why More Homebuyers Prefer Ongoing Projects Over Completed Flats

Why More Homebuyers Prefer Ongoing Projects Over Completed Flats
January 23, 2026
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The residential real estate market in Chennai has evolved rapidly over the last few years. Today, a growing number of buyers are consciously choosing ongoing projects in Chennai instead of ready-to-move or completed flats. From pricing advantages to customization flexibility, under-construction properties are becoming the preferred choice for both end users and investors.

Let’s explore why ongoing projects in Chennai are gaining more traction and how they offer better long-term value compared to completed apartments.

Better Pricing and Higher Appreciation Potential

One of the biggest reasons homebuyers prefer ongoing projects in Chennai is cost advantage. Under-construction properties are typically priced lower than completed flats in the same locality. Developers offer attractive launch prices, flexible payment plans, and early-bird benefits.

As construction progresses and surrounding infrastructure develops, property values increase—allowing buyers to enjoy significant capital appreciation by the time possession is given.

Flexible Payment Plans Reduce Financial Pressure

Unlike completed flats that require lump-sum payments, ongoing projects in Chennai usually follow construction-linked or stage-wise payment plans. Buyers pay gradually based on project milestones, making financial planning easier.

This flexibility:

  • Reduces immediate financial burden

  • Aligns payments with home loan disbursements

  • Helps first-time buyers enter the market comfortably

More Choices in Layouts, Floors & Views

When buying completed flats, options are limited. In contrast, ongoing projects in Chennai give buyers the freedom to choose:

  • Preferred floor levels

  • Vastu-compliant units

  • Better views and ventilation

  • Optimal unit positioning within the community

Early buyers also get access to premium units before inventory gets sold out.

Customization Opportunities

Another key reason buyers prefer ongoing projects in Chennai is the ability to customize interiors. During construction, many developers allow modifications such as:

  • Electrical points placement

  • Kitchen layouts

  • Flooring or fixture upgrades

This flexibility is rarely possible in completed flats, where changes often involve extra renovation costs.

Higher Transparency with RERA Compliance

With RERA regulations in place, ongoing projects in Chennai offer greater transparency and accountability. Buyers can track:

  • Project timelines

  • Construction progress

  • Legal approvals

  • Developer commitments

RERA-registered projects provide legal protection, reducing risks associated with delays or deviations.

Strong Investment Returns

From an investment perspective, ongoing projects in Chennai offer better ROI compared to completed flats. Investors benefit from:

  • Lower entry price

  • Appreciation during construction phase

  • Higher resale value post-completion

  • Better rental demand in developing localities

This makes under-construction projects ideal for long-term wealth creation.

Modern Amenities & Future-Ready Design

Most ongoing projects in Chennai are planned with modern lifestyles in mind. Buyers get access to:

  • Smart home features

  • Sustainable construction practices

  • Clubhouses, gyms, and green spaces

  • EV charging and energy-efficient systems

Completed flats often lack these contemporary amenities.

Ideal for Growing Families & End Users

For homebuyers who are not in urgent need of possession, ongoing projects in Chennai are a practical choice. The waiting period allows families to:

  • Plan finances better

  • Prepare for relocation

  • Secure a future-ready home at a better price

Conclusion

With competitive pricing, flexible payments, customization options, and strong appreciation potential, it’s clear why more buyers are choosing ongoing projects in Chennai over completed flats. Whether you’re a first-time homebuyer or a seasoned investor, under-construction properties offer long-term value and modern living advantages.

At Value Realitty, we help you discover verified, RERA-approved ongoing projects in Chennai that match your budget, lifestyle, and investment goals.

👉 Explore the best ongoing real estate projects in Chennai with Value Realitty today.

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