7 REASONS WHY READY-TO-MOVE IN HOMES ARE BETTERby Chandak Group 2/3/4 BHK Apartments in Mumbai
With the availability of many options from pre-launch to ready-to-move in, most of us get confused when it comes to investing in a property. Under construction projects are often found to be risky as anything can happen during the construction phase. If the builder is out of cash or if there are any unforeseen circumstances, there could be a delay in handover.
When it comes to pre-launch, they offer attractive incentives and discounts. Yet, there is always an uncertainty of the construction getting completed in time, getting all the approvals needed, setting up all the promised amenities, etc.
In this blog, we will learn why ready to move in projects are more promising and safer than the rest.
1. Pay for What You See
Unlike a pre-launch or an under-construction flat, in a Ready To Move In Flats In Goregaon East you get what you see. Since the property is already constructed, there are no surprises awaiting you. All you need to do is complete the formalities and settle the financial aspects. This also saves you from a twofold burden of paying your Rent and EMI in case you are getting your home purchase financed. Also, the most common glitch of under-construction projects is not getting the promised product at the time of possession. This could be things like changed layout, less usable area than promised, deficit amenities, etc.
2. No Waiting Time
You need not worry about the waiting time taken when you consider going for buying a 3 BHK Flat in Goregaon West. If you have finalized the location and other details, go for your own flat which is ready to move in. Get the renovation and interiors done as per your choice and set up your dream home just the way you have always imagined it to be.
3. Save Your Rental Money
If you think, staying in a rental home is a recurring expense and you wish to save it, going for a Ready To Move option is the best suggestion. A project like Chandak Paloma - Ready To Move In Flats In GoregaonEast, bythe Chandak Group has successfully delivered delightful homes at affordable prices. On the other hand, if you are not planning to move into your purchased flat immediately, you can rent it out till then. Rentals help you pay a part of your EMI if you have an ongoing loan. Also, look out to study price trends and rental yield in the location to anticipate returns. An upcoming infrastructural development in the vicinity could gauge capital appreciation.
4. Save On Tax
Tax exemption under 80 C and 80D is another factor every home buyer has in mind when he decides to purchase a Ready To Move In Flats In Goregaon East. While in most cases the down payment can not be claimed, the remaining portions in terms of principal and interest can be claimed for an exception for taxes. This is a major relief for the working class.
5. The Risk Factor Is Low
Compared to under-construction projects, ready to move in homes come with minimal risk. There is always a high amount of risk when your investment is made in the under-construction project as there have been cases, where the project is either delayed or stopped — when the builder fails to deliver the project due to financial crunches or there happens to be a hike in construction material. This is not the case with Ready To Move In Flats In Goregaon East.
6. Free From GST
When you go for an under-construction property, you will be liable to pay five percent of tax incidence on the total cost of the property. Along with this, stamp duty and registration charges will also have to be paid. This will build up your tax burden. However, as per the recent implementation of Goods and Services Tax (GST) ready to move in property are left out of the ambit of GST. You can enjoy this benefit in Chandak Group properties as well.
7. No Uncertainty
Uncertainty about space, the size of rooms, expected views from the apartment, quality of construction, available amenities can be removed when you buy a Ready To Move In Flats In Goregaon East. It is important to consider the quality of a project before finalizing one. Chandak Paloma, a project by Chandak Group allows one to closely inspect the structure and finish quality.
There is always merit of choosing a ready to move in property from the well reputed builders in Mumbai when you have an immediate requirement or for those who are unable to afford both rent and EMI.
In a city like Goregaon, getting one ready to move in property becomes difficult with good surroundings and its accessibility to other locations. However, Chandak Group has eased your job, by establishing their projects in all prime localities of the city. Do visit their projects for more surprises.
Created on Jan 1st 2020 05:34. Viewed 306 times.
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