Buying New Flat Vs Used Flat

Hi All,

I wanted to buy a flat in a newly constructed apartment (like I want to be the first owner). But looking at real estate in Bangalore, things are crazy here. The minimum amount is 1 Cr to buy a flat in Bangalore East. But what do we get for this amount - 2 BHK flat with carpet area of 600-800sqft. Bhai yeh toh chidiya ka gosala hai. Atleast 1100sqft carpet area toh do kar itna paise ke liya.

I recently went to the carnival of souparnika-rhythm of rain. Abhi toh foundation bhi ache se nahi khudda hai and flat are mostly sold. All are buying for investment purposes. Kisi ko rehna nahi hai bas handover ke time mein bechna hai. All they have to spend is 10L booking amount. Home loan interest will be paid by the developer till day of handover.

So coming to the point, I don't find a logical reason for buying a newly constructed flat. They cannot be used for residence. So I am thinking of looking for the flats in apartments with age less than 5 years. Requesting people to share their dos and don'ts while buying a used flat in Bangalore.