Ready to Move in Property is Gaining Popularity

The ready-to-move-in houses are becoming popular with under-construction houses, losing their appeal due to the escalated wait time and increasing project failures. The popular house concept of Europe and America is making inroads in India. The builders, therefore, are embracing the concept of – building first then selling.?

Reasons why you should buy a ready-to-move-in house

Despite low sales in the last few years, the Indian residential real estate market has plenty of supply, both in the ready-to-move-in and under-construction categories. According to a report by LiasesForas, a Mumbai-based real estate rating and research firm, at the end of the first quarter of the financial year 2018-19, there were 945,964 unsold units in 8 tier-I cities including Ahmedabad, Bangalore, Chennai, Hyderabad, Kolkata, Mumbai Metropolitan Region (MMR), National Capital Region (NCR) and Pune. According to the report, it will take 41 months to clear these inventories based on the sales volume during the quarter.

If you are looking to buy a property now, you would get plenty of options. But there is merit in choosing a ready-to-move-in property. We are here to serve you the best property dealing service.

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