Whether you are a home buyer or real estate investor, one important question that you have often juggled with is — whether you should go for an under-construction residential property for sale on S V road or a ready-to-move one?
The answer to this question is varies from person to person, from time to time, and mostly depends on the market environment. However, most of the experts suggest that if you are in search of the smart 2 BHK apartments on S V road or the smart 1 BHK apartment on S V road, ready-to-move homes are the safer bet.
Let us understand how.
1) You Pay Exactly for What You See
Purchasing a house is one of the costlier investment decisions for homebuyers. So, nowadays, they are becoming wary of the false promises that are done by builders who show them a rosy picture but reality is quite different than it. In such a case, a homebuyer gets something different when the house is delivered to them.
However, when it comes to a ready-to-move-in house, you are at zero risk. Since the house is ready and people are already living in the neighborhood, there is no risk of getting duped. On the flip side, if you go for an under-construction property, sometimes things are not delivered as promised. But, in ready-to-move-in property, it won’t happen.
2) Instant Possession
In ready-to-move-in smart 1 BHK apartments on S Vroad, buyers do not have to wait for moving into their new home unless they have some plans to renovate it. All you need to do is just sign the relevant documents, make the payment, and get your bags ready to take them into the new place. So, you do not have to face any risk of delay in delivery.
3) The Pro Of Tax Deduction
When it comes to property, as per the income tax act 1961, in post-construction and possession tax deductions are applicable. A ready-to-move-in property meets all the requirements of tax deduction so the tax deduction process is quite quick and attainable.
4) The GST Benefit
When you opt for a ready-to-move-in home, you will get the GST relief. This will not be the case with under-construction properties. Ready-to-move homes do not attract any GST whereas the under-construction property attracts GST at 5% of the overall property cost and that also without any input tax credit benefit.
5) Relief From EMI and Rental Payments
When you are a first-time homebuyer who buys an under-construction home, you have to wait a long time for the delivery of the house. During this period, you do not have to pay only the EMI of the under-construction home, but also the rent of the place you would be living in while you wait for the house to be delivered. It will not happen when you choose to invest in a smart 2 BHK apartments on S V road that are ready-to-move because you can simply move into your new home and would not have to pay the rent. So, you do not have to deal with any EMI or rent headache. Therefore, ultimately it is a win-win situation for you.
To Sum Up
In a nutshell, ready-to-move real estate properties are entirely “ready” for you. Also, as discussed above, it is the best and safest option to go for.
So, why are you waiting? Look into the list of ready-to-move-in homes at Chandak Group — https://www.chandakgroup.com/ before going for the regular. Their ready-to-move residential property for sale onS V road has world-class amenities in the heart of Mother Nature that offers you the best of both worlds.