Best Choice – Invest in ready to occupy Properties
07th Jan 2019

Purchasing a home is a fantasy in everybody's life and it is one of the critical choices which they take in their life. Furthermore, purchasing a home is long haul speculation and individuals put all their earned cash into purchasing their fantasy home. When you choose to purchase a loft or a level in Chennai, you have choices like a prepared to-move condo, under development properties and pre-dispatch condos. Be that as it may, just the prepared to-involve lofts are sought after nowadays and you will discover different advantages and even you can dodge a few dangers which you find in another kind of property.

Let’s discuss a few reasons why there is a demand for ready to occupy properties and what are the benefits involved in it.


As you most likely are aware, there are a ton of dangers associated with the pre-launch and under-construction projects, yet you can't discover those dangers in a ready-to-move-in property and the hazard factors are:


  • Disputes
  • Delay in Possession
  • Lack of Amenities
  • Quality of development
  • Change in the plans and so on


Be that as it may, on account of a ready to occupy properties, you won't discover every one of these dangers and you can simply move following the buy. You can look at our extravagance properties in Chennai, which offers a picturesque perspective of immaculate environment and it offers a superb way of life with world-class amenities!


On the off chance that you purchase a property which is under development, you won't realize that how the venture will look once it is done and you will have a few presumptions by simply thinking about the model house, yet you don't think that it's like what you have found in the model house. Indeed, even you will think that it's testing to imagine the correct one which they had conveyed. On account of the ready to possess properties, you can simply observe your real home and you can encounter each piece of the home before you get it and you can check for the amenities and every single other thing before you choose and book your home and you won't discover any shocks when they convey the home to you!


You need to be very smart in the home purchasing decisions because some tax benefits are involved in it. And if you’re applying for a home loan for a property which is under construction, then you are not supposed to pay tax on an annual basis. When your home is delivered, that time you can just claim the interest which you paid to the builder (as per the section 24 b, The Income Tax Act, 1961). And you can avoid these types of taxes when you buy a ready to occupy a property.


As you know, you are supposed to pay the Pre-EMI payment, the interest which applies to your home loan even for your property which is under construction. And you will find a lot of pressure on paying Pre-EMI payments and in the ready-to-occupy property, you can avoid all these additional payments.


If you are buying an under-construction property, you may need to pay pre-EMI charges and the rent of your existing home and you finally end up in financial issues. So, you need to plan accordingly and buy a ready to occupy Property to avoid this double payment.

So, you are getting ready to buy a ready-to-occupy property in Chennai with world-class amenities? And there are many ready-to-move properties for sale in Chennai which are getting occupied day by day, Book your dream home today!

Author: Freeda Magdalin