Why Are Ready-To-Move-In Homes the Smart Choice?


As someone who is looking for your own residential space, it is important to know whether you want to buy a ready-to-move-in property or an under-construction property. In the past few years, RTM homes have gained in popularity among home buyers.

We offer breath-taking luxury 3 BHK & 4 BHK flats in Zirakpur and tell you why investing in an RTM residential property is any day better than an under-construction home, especially in the current scenario.

No Risk Of Delayed Delivery

With RTM homes, there is little to no risk in delay concerning delivery of the project. You just have to make the payment, sign a few documents, complete some other formalities, and move in with your stuff. In the case of under-construction property, buyers may have to wait for months or even years to get hold of their homes if the project delivery is delayed due to any reason.

You Get Exactly What You See

An RTM property allows you to carefully inspect every feature and aspect of the house, including its size, architecture, quality of materials used, design, etc. On the other hand, an under-construction property may cause the buyer to have a completely different idea of the house than the actual end-product. RTM homes eliminate this possibility of the property falling below your expectation. What you see is what you get.

No GST

Currently, RTM homes don’t attract any GST, which adds to its popularity. So, when you buy an RTM property, you will not have to pay any tax, which will ease the burden on your pockets. Under-construction homes, however, add to your financial liabilities as they come under the scope of GST.

Rental Income Benefit

Some people buy the property for investment and not for moving in right away. If you are one of those people, then you can rent out your RTM home and earn rental income, something not possible in the case of under-construction homes.

Shrinking Price Gap

According to the latest findings of ANAROCK Property Consultants, the price disparity between RTM homes and under-construction homes has been declining in the top 7 cities over the past few years and is expected to go down further this year.

Ready-to-move-in residential spaces saw a surge in demand during the COVID-19 lockdown due to all these advantages. As the leading real estate developers in Zirakpur, we expect that RTM properties will continue to attract more buyers in the coming time and are a sound and profitable asset to invest in.

Info Source: economictimes.indiatimes.com

Location: La Prisma - Nagla, Road Chandigarh - Ambala Highway, Zirakpur, India, Punjab 140603, India

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