Three key benefits of buying a ready-to-move-in flat in Gurgaon
With many realty projects in the NCR getting either delayed or stuck for long durations, homebuyers are now choosing to buy ready-to-move-in or near-completion homes in the region, as opposed to under-construction projects. This has led to the growing popularity of ready-to-move 2bhk flats in Gurgaon. There are many advantages of choosing to invest in such flats, such as:
● You can move immediately: Immediate availability is an important advantage. There would be no waiting period involved in such properties, and homebuyers will be able to move in the minute they buy the house and sign the closing documents. They do not have to wait for months and years to get possession of their dream home. Ready-to-move-in properties are perfect for people who want to settle down at the earliest.
● Immediate freedom from rent: Home buying usually involves getting a home loan from any financial institution for the purchase. For the loan amount disbursed, the buyer has to pay a pre-EMI during the construction phase of the property. Basically, unless they already have a house in Gurgaon, the homebuyer may have to deal with the double burden of the rent for the current accommodation and also the pre-EMI on loan, while awaiting the possession of the house. This situation is faced by people who invest in under-construction properties. On the other hand, those who buy a ready-to-move-in home in Gurgaon are able to wholly do away with the rent component of their expense as their dream home shall be available for immediate occupancy.
● Low risk: In the case of ready-to-move-in flats, the risk involved in the property purchase shall be pretty low as one would get to physically visit the home and check it out, before investing their funds. They can be assured that the house perfectly aligns with their needs, especially in terms of design and space. Uncertainties and risks linked with the space, size of rooms, quality construction, view from the apartment, and available amenities and fixtures would be eliminated as one purchases a ready-to-move-in apartment, making things a lot simpler for the homebuyer. Moreover, in many cases, properties that are under construction experience project delays due to issues with the builder, labour strikes, harsh weather conditions or even unprecedented circumstances like the pandemic. On the other hand, there is zero risk of delays in possession in the case of ready-to-move-in apartments.
● Tax benefit: The Goods and Services Tax (GST) is not applicable for ready-to-move-in homes. A certain percent of GST is charged over and above the value of an under-construction property and is applicable on new projects beginning after April 1st, 2019. But this tax is waived off in case of a ready-to-move-in unit, thereby reducing the overall financial expenditure of the homebuyer.
After the Covid-19 pandemic, many people are exploring project options that will provide them with an improved lifestyle. There has been a considerable surge in new home design demands, including large lawns, gyms, swimming pool, and more. Hence, modern 2 BHK flat in Gurgaon ready to move are designed and developed to meet these demands.
