Planning to buy a ready-to-move-in apartment?
It’s pretty much obvious that buying a ready to move in an apartment is a better choice. Considering the volatility of the real estate market and the number of projects that have stopped midway due to certain unavoidable circumstances, it is the buyer that needs to be cautious.
Make sure you negotiate a good price, for the ready to move in the apartment. The other important factor to consider is the location of the project as well as its legal sanctity. A ready to move in the apartment will help the buyer to decide if the flat is worth his or her money. The buyer should be satisfied with the property, as it will not be a small cheque to write!
Here are a couple of factors that matter
Besides Location and legal matters, buyers must make it a point to check the infrastructure. Also one should check if the facilities within the vicinity, such as power back up, clubhouse, parking, and basement are well maintained and in use.
The prices of flats have also reduced in recent times. You can bag good deals if you do enough research on the market and upcoming projects in Bangalore.
There are many options to consider when you are planning to buy a ready to move in apartment in Bangalore. The city has a lot to offer when it comes to both residential as well as commercial properties. There is a variety of homes available in Bangalore that are ready to move in.
Below are a couple of advantages of buying an apartment that is ready to be occupied
For example, there are luxurious villas and homes in the city with a wide range of amenities for a vibrant lifestyle. There are also ready to move-in homes for the mid-range income groups. Such as the office going individual who would prefer a 1BHK, 2BHK, or a 3BHK for his/her family.
While you buy a ready to move in apartment, you are assured of the final output. You can physically see how your home looks & feels like. It will play a major role in helping to decide to buy an apartment in Bangalore.
Another very important factor giving ups to buy a ready to move in an apartment is the fact that you need not pay GST. Yes! Ready to move in flats are exempted from GST unlike those which are under construction. Projects that have the completion certificate from competent authorities can reap this benefit.
Here are what the numbers say
When we talk about numbers there is an approximate of over 12,000 flats in Bangalore in that are ready to move in. That sums up to 16% of all the unsold flats in Bangalore. Where in cities like Chennai, Pune, and Kolkata have 29%, 11% & 10% of their ready to move in units unsold respectively.
While you can consider ready to move in apartments safer, one must look into all the other important factors before signing the dotted line. Read our Blog What are the Advantages of Buying a Ready to move in apartment in Bangalore? For more insights.
Conclusion
We at SGR Buildtech are coming up with various projects across Bangalore, to fit the requirements of an array of homebuyers, follow our website for more details on upcoming projects.
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