Five Reasons to buy a ready to move in flat
The prices of flats in cities are fluctuating. Especially when you are thinking to buy a ready to move in flat . Also, in cities like Bangalore where there are many upcoming projects. Yet, Bangalore has enough inventory of ready to move in flats. In the last couple of years, the prices have either been below or stagnant at a certain point. Even then home buyers are still in two minds of buying a new apartment. The first reason is either the project is being delayed for completion, or there are hidden charges buyers. This brings a lack of confidence amongst buyers. Here we discuss 5 reasons to buy ready to occupy flat in Bangalore. 1. Tax benefits. There is a huge capital tax gain in ready-to-move flats. In some places, if there is a delay in possession of the property, then you will have to pay huge capital gains taxes. This does. Thera is no GST also. An under-construction flat attracts 12 percent GST. So, if you buy an under-construction flat worth Rs 60 Lakhs, you will h...