There is no shortage in the construction and availability of residential homes in the real estate market all over the country. Homes in India have options for people to choose between both ready-to-move-in and under-construction homes. Thanks to the low sales in the last few years, the real estate market has favourable choices for people to pick from in India.
Moving your current home or searching for a dream home can be a challenging task. A new home or your dream home requires all the facilities and amenities that are missing in your current home. If you are changing your existing home, living in a rented apartment or searching for your dream home, the choice between a ready-to-move-in and under-construction home can be a difficult decision. However, several reasons can help you eliminate the confusion.
Reduce chances of getting tricked:
Once you choose a ready-to-move-in property, you eliminate the chances of getting tricked by the construction companies. Under construction properties majorly come with the risk of delays and suspensions in the projects. Buying a ready-to-move-in property helps families plan their movement to a new home without any unforeseen circumstances.
Eliminate project delays:
As mentioned, buying a ready-to-move-in home helps you get past the most significant hazard of suspension or pauses in projects. With a ready-to-move-in home, you are not expected to wait for the completion of the home and any other amenities attached to the project.
Reduce uncertainties in amenities and fixtures:
With a ready-to-move-in home, home buyers can rest assured of the facilities, amenities and fixtures used in the project. While visiting the properties, home buyers can check the available amenities, fittings and accessories used in the project to prevent any last-minute surprises. Unlike under-construction properties, ready-to-move homes reduce the uncertainties attached to fittings.
Gain clarity in the quality of the project:
Any doubts about the size of the rooms, space, and view of the homes can be easily eliminated in the case of ready-to-move properties. Considering the quality of the development project of a ready-to-move-in home is a crucial step when making a decision of buying. A ready-to-move project allows home buyers to closely examine the structure and quality of finishes.
Know your neighbourhood:
It is important for homebuyers to get acquainted with the neighbourhood they are planning to move to. As important as knowing the neighbourhood is for moving into a dream home, people should also know about the infrastructure and nearby markets, common areas and parks, etc. A building providing amenities, a good neighbourhood and proper infrastructure in the region tends to work more for the home buyers.
No delays in movement:
Ready to move in homes provide homebuyers with the chance to live in the house as soon as they buy it. For people with an urgent necessity and with the right resources to be able to afford both rent and EMIs, a ready-to-move-in home works great. Also, with a ready move an apartment, homebuyers can estimate their day of movement and move to their dream home without any delays.
No GST applicable on ready-to-move-in property:
GST i.e., the Goods and Services Tax is applicable on under-construction properties. In India, under-construction properties have 12% Goods and Services Tax that is charged above the cost of the property. For example, if you purchase an under-construction property for Rs. 60 lakhs, you will be required to pay Rs. 7.2 lakhs. However, no GST is applicable on ready-to-move-in properties which decreases the overall financial outflow while buying a dream home.
It is always beneficial to buy ready-to-move-in homes or ready to move in apartments Gurgaon. They come with ease in possession and benefits that favour the homebuyers.
