The Benefits of Buying Ready-to-Move-in Apartments in Gurgaon over Under-Construction Properties
In Gurgaon, there is an incessant demand for good properties as many people keep coming to the city to make their careers and eventually settle down with their families. In order to keep up with this burgeoning demand for properties, real estate developers keep coming up with new residential apartments in Gurgaon. While earlier people used to book apartments in these projects as soon as they were launched and wait till completion to take possession, nowadays the trend has changed. People nowadays prefer to buy ready-to-move-in properties over under-construction ones. This article highlights the benefits of buying readyto-move-in properties over those that are under construction.
Quick Possession: When people book properties that are still under construction, they have to wait for a very long time to take possession. On top of that, if some issues related to the availability of labour and raw materials come up, the construction work gets delayed and possession also gets delayed. This is one of the reasons why people prefer to buy ready-tomove-in properties. With ready apartments, the buyers can simply take possession and shift into their new home right after purchasing it. This way there are no uncertainties related to the possession of the property.
No Surprises: Many times, during the construction process the design and structure of the apartment may have to be modified after which it may not remain as per the liking of the buyer but with the purchase already made, nothing can be done. However, with a ready-tomove-in property, there are no such ugly surprises and the buyer gets exactly what he/she
may have opted for. This is one of the biggest reasons why people nowadays prefer to buy 2 bhk flats in Gurgaon that are ready to move into.
Cost Saving: With a ready-to-move-in property buyers save a lot on capital gain taxes. Moreover, since nowadays most people buy their houses on home loans they have to start paying the EMIs as soon as the loan amount is disbursed. And if they cannot get possession of the property quickly, they have to keep paying the rent as well as the EMIs. To avoid such situations, people mostly prefer to buy ready-to-move-in properties which they can take possession of right after purchasing and avoid paying the rent along with the EMIs.
No Disputes and legal hassles: Many times, under-construction projects land into disputes and legal battles related to ownership rights as well as construction permissions. These legal battles can often drag on for years together and completely compromise the project completion deadlines. These issues can result in huge monetary losses for the buyers and also dishearten them completely on not being able to get their dream home as per plan. However, with ready-to-move-in properties, such issues are rarely seen as the buyers can always ask for the completion certificate and other such NOCs before making the purchase.
Therefore, with ready-to-move-in properties, buyers can wholeheartedly enjoy the experience of purchasing a new home and start living in the property right after making the purchase.