Buying a property is not an easy decision to make. First, one needs to be financially and emotionally ready to get a property one can call their own. Since this is the place that one will call home for a long time or even a lifetime, many aspects and factors associated with the buying decision should be explored. One of the aspects to consider is whether to invest in a ready-to-move apartment or under-construction property.
Advantages of Ready-To-Move properties:
Here the advantages of investing in a Ready-To-Move property are mentioned:
Moving in immediately
One of the biggest advantages of ready to move apartments in Gurgaon or any other city is that there is no waiting period. As soon as the paperwork is done, there is no more waiting unlike in under-construction properties, which will require a few months or years to get ready.
No Discrepancies
Another good thing about ready-to-move apartments is that one will get what they see. When the buyer visits the house, and when they move in, there will be no changes or discrepancies in the layout and interiors of the house. That way, one can plan the interior and furniture placement when they see the property. As for amenities like water and electricity, asking the neighbors will be helpful.
No GST
The goods and services tax is not applicable on Ready-To-Move apartments. The reason is that the sale-purchase deed does not involve any supply of services or goods. The construction of the house was not particularly for the buyer, so no GST. However, the buyer is eligible for claiming tax benefits on the property. If the buyer took a loan to make the purchase, they can claim tax benefits starting the same year of the purchase.
Matches the Budget
With ready-to-move apartments, there is no risk of price going up as the construction progresses. Select a house based on the budget and pay the flat price to get its possession. With under-construction properties, there is a possibility of the cost going up due to an increase in the cost of raw materials and labor. Many ready-to-move luxury apartments in Gurgaon are also available at an affordable price.
Renovation is Possible
With ready-to-move apartments, there is more possibility of renovation just after the possession. With under-construction homes, one cannot renovate them immediately because first it will still be under construction, and second it will be built according to the builder's/architectural layout.
Conclusion
So, from the points mentioned above, it can be implied that if the buyer has the budget and financing plan, then they should go for ready-to-move apartments as it saves time, and one will get to move in right away. If you are looking for a good quality ready-to-move-in apartment, do check Adani Realty projects for great facilities and top-class amenities.
