Why Should You Buy a Ready-to-move flat in Jaipur?
Since the last few years, Jaipur has emerged as an excellent
real estate investment destination in North India. For end-users and investors,
the city offers numerous options, among which flats are the most-demanded one
because of being cost-efficient and easy to maintain. Well, most flat buyers in
Jaipur face the dilemma that whether they should buy a ready-to-move unit or an
under-construction flat. You might prefer to book an under-construction flat
for the lower capital investment, but you cannot ignore the numerous benefits
of buying a ready-to-possession flat in Jaipur that are
mentioned below:
1) No waiting period to get the ownership
By buying a ready-to-move flat, you can acquire the property
papers instantly. However, by opting for an under-construction house, you will
be required to wait for the ownership. Since the implementation of RERA, most
property builders stick to their project deadlines. But to avoid any legal
obligation, many developers have listed a deadline of 4-6 years from the date
of starting the project.
2) Ease of making the right choice
To buy an appropriate property, it is important to check for
all the factors, such as construction quality, size of rooms, view from the
apartment, and available amenities. A ready-to-move flat allows you to inspect
all these factors closely. On the other hand, under-construction projects
require you to analyze the pros and cons by looking at the catalogue.
3) Cost savings and earning
opportunities
If you are living in a rented house, buying a ready-to-move
apartment will eliminate the rental expenses as you can move in quickly. If you
do not choose to move in now, you can lease out the flat. The income that you
will gain in this way will help you pay the EMI.
Another benefit of buying a ready-to-move flat is that it
will eliminate the Goods and services tax (GST) which applies to an
under-construction property.
Conclusion- While many buyers look forward to buying
an under-construction flat because it demands lower capital investment, there
are some really good benefits of buying a ready-to-move flat which cannot be
ignored by a smart investor.
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