Top Reasons to Invest in a ready to occupy Apartment
The consumers are very smart and they will only invest in projects that is productive and safe. Before they take any decision, they make sure to thoroughly check on the credibility of realty firms including the developer’s past projects, client testimonials, appreciation, etc.
When buying a new home, the biggest question arises, is whether to buy a ready-to-move-in home or under-construction property. If you are changing a current home and searching for your dream home then it will be a tedious task. Because you want all the requirements that might be missing in the current home.
Here are some advantages of choosing a ready-to-move-in home over under-construction property:
The biggest risk that you do not face when you buy a ready-to-move-in home is project delay. Any delay in the completion of the project results in cost overrun, dissatisfaction, and much more. So when you buy a ready-to-move-in home, one of the prime advantages will include eliminating any project delay. You won’t have to wait for any completion tasks of the apartment or any other amenities of the project. All you have to do, will be, make a payment, and just go through the documentation work. Once that’s done, you just walk-in. It is as simple as that.
YOU PAY FOR WHAT YOU RECEIVE
Purchasing a completed home is beneficial because the buyer is completely aware of the details and knows exactly what they’re buying. They can even compare the quality of works, brand pool, amenities, etc with competition and can make decisions based on the actual physical condition. The expectation mismatch is completely ruled out while buying a completed project. Globally many wise investors invest in nearing completion projects.
Another good thing is that the ready-to-occupy project doesn’t have the liability of GST. Any project that has received an occupancy certificate doesn’t come under the purview of GST. Yet another reason for buying a ready-to-occupy project.
Immediate possession or returns
Another advantage of buying a ready-to-occupy project is immediate returns or possession. Who doesn’t like to live in a new home or who doesn’t love to get the rental income as on when the EMI kick starts. Hence ready-to-occupy projects and project nearing completion are in huge demand. Another good thing is that EMI kick starts only when you start to live in the home or when the rental income kick starts.
Buy within Your Budget
In a ready-to-move-in property, you can select a property within your budget. If you have a lower budget, you can buy a home that fits into your budget. A detailed technical evaluation with a good negotiation will make the possession hassle-free and value for money.
Because of the above reasons, it is always beneficial to buy ready-to-move-in homes or projects that are nearing completion. As of now, ready-to-occupy apartments and villas are available in Kochi from Kent constructions.