18 reasons to buy only ready to move in property
Er. Kumar Naresh
Founder & Business Innovator | BrokersAdda.com – India’s Largest Network of 1,40,000+ Brokers | PropBlitz – Simplifying Property Deals with Expertise & Trust | Author (Upcoming Book for Brokers)
Why buy a ready to move in property only ?
Buying a property is crucial decision for most of the people. This is not just a decision for a month or for few years, but a decision for almost a life time. You are not going to change your home in the next few years after purchase, rather you will not sell it off unless you get a better deal or require a bigger home. When a person decide to buy a property , suddenly he finds full page advertisements by various developers.
This fight of thoughts between buying the under-construction property or buying the ready-to-move in property is tough to conquer. If you have not decided which one you want to own, then its a difficult thing to decide. A ready-to-move in property gives you plenty of options and benefits and you always get what you see. However, the cost of these homes is comparatively higher, but it is not much if you consider about the other benefits of ready-to-move-in property.
Recently, there has been a substantial jump in inventory in the resale market. This pile-up has made purchasing a possession-ready property a more viable option now. Experts reckon home-buyers will find good deals in the resale market rather than from developers. Kishor Pate, CMD, Amit Enterprises Housing, says, “Never in the history of the Indian real estate market have properties ready or almost ready for possession been so costeffective.” The provisions of the new real estate Bill have also pushed developers to complete projects faster, adding to the inventory pile. “Projects that were held up are now coming through thick and fast as developers rush to ensure they don’t fall foul of the Real Estate Regulatory Act.
Here are 18 advantages of buying a ready to move in property.
No risk: Gone are the times, when a builder was able to sell their complete project inventory at the time of launch itself ( or some times soft launch ). After recent failure of big builders like Jaypee , Amrapali etc , which has affected lacs of families, now the buyer is looking for a safer option of properties. Ready to move in properties are the safest option available with the buyers.