Blog

24 Jun 2020

There is a tremendous sense of contentment and joy in buying one’s own home after  many years of hard work and savings. Because of this, several yearn to have their own home where they wish to have certain home features. But how should they achieve this? To whom they should consult? How should they cross-check that those home features are there that they are looking for?

Well, to answer all these questions, one should go for Ready-To-Move-In home projects. The reason for opting such home projects is that the new home is readily available and you can always check if the features are there that match up to your expectations.

Housing is a basic need, however, while planning on investing in real estate, people are not quite sure whether to buy a ready-to-move-in house or to buy an under-construction property. That’s where we will be analysing the advantages of the Ready-To-Move-In Home Projects.

There are several other reasons that Ready-To-Move-In Projects are better when choosing housing options for yourself and your family:

  • No hassle of Incomplete Projects - Many real estate developers tend to leave some projects incomplete or the progress of the construction work is very slow over a period of time. This creates a lot of anxiety and tension to the homeowners as they invest a lot of money in their home possession. There have also been several incidents that have left the homeowners lurking in the middle due to which many people have lost faith in the under-construction projects as they are afraid that the new home will not be delivered on time.
  • Ready for Immediate Occupancy - The best part of Ready-To-Move-In projects is that they can immediately move in where all the construction work is done and the house is ready for the owner to possess. This means that the homeowner is saved from the risk of delay or incomplete construction. Buying a ready-to-move-in property seems like a win-win decision, regardless of whether you possess or not. 
  • Earn a good rental income - There is no doubt that once you buy a ready-to-move-in home project, you could always offer it for rent to someone else. This is a good way of starting your rental income.
  • No payment of GST needed - Yes, it is true that you do not need to pay GST of 5% for Ready-To-Move-In Home project. GST is only applicable for under-construction projects which were levied after April 1, 2019. For instance, if someone is buying a home worth Rs 60 lakhs, then you would need to pay Rs 3lakhs as GST.
     

With the above points in mind, you can choose the option of Ready-To-Move-In Home Project where you will end up gaining a lot more and certainly when compared to under-construction housing projects.

If you are looking for a 2 BHK and 3 BHK flats in South Goa, then you should contact Essen Group which is a well-reputed real estate developers & Builders in South Goa, Goa that offers 2 BHK and 3 BHK room flats in Ready-To-Move-In Home projects. Essen Group is one of the top builders in South Goa where a number of their homes are already bought and being possessed by a number of residents for many years.