The likings and preferences of homebuyers keep changing from time to time. As the Covid-19 struck India, the real estate market witnessed a major change in the consumer persona, defined by their choice of buying a property. Notably, more and more people are and are moving towards ready to move properties now. With the increasing cost of construction materials, a ready-to-move apartment is better for those who tend to save some bucks and money!
In India, especially in North Indian states such as Punjab, the demand for real estate increases every day. The most desirable city in North India, Chandigarh, has come to its saturation point regarding building and constructing new real estate. Builders and real estate developers can buy and sell the old properties only because, the matter of the fact is that there is no land left in Chandigarh to construct a house! Due to this drawback of the city’s beauty, many people have to look for an address in Ludhiana, Panchkula and Mohali, which are just a short drive away from Chandigarh, the city beautiful.
Ludhiana, one of the major industrial centres of North India, has witnessed a major boom in recent years in real estate. The most trending properties selling like hotcakes are ready to move flats in Ludhiana. Due to rapid urbanization and development, many residential societies have emerged on the Chandigarh-Ludhiana road, making it a hotspot. So if you witness a flat for sale in Ludhiana, don’t miss out!
Below mentioned are the top three reasons why home buyers are more inclined towards ready to move flats –
- Save GST- Unlike under-construction properties, which levy a 5% Goods and Services (GST) Tax, ready to move in flats do not attract GST, which ultimately saves real money for the buyer. This is a prime factor which pulls individuals towards ready to move in properties instead of under-construction ones. Perhaps, once the completion certificate has been issued to the buyer, they don’t have to pay any GST.
2. Instant Availability- Gone are the days when people had to wait endlessly for possession of a property. In the current era, real estate developers offer properties which are instantly available so that buyers can move in quickly, providing them full gratification in every term. In an under-construction property where possession is often delayed, keeping the consumer waiting for months, a ready to move in property is instantly available.
3. Make a Wise & Smart Decision- A ready to move in flat often comes with tons of opportunities. One of the most important opportunities is the ability and chance to make a final purchase call after examining the quality and standards of the construction material used in the entire property. Since purchasing your dream abode is the most expensive investment decision of your life, you should ensure that the property developer from whom you will purchase it fulfils all their promises.
When it comes to buying property in North India, ready to move flats in Ludhiana are the best option to go for! It is a fact that a flat for sale in Ludhiana is not an easy catch as everybody has eyes on it, and the moment the window opens, it is sold out in a very short span. Not only its proximity to Chandigarh plays a major role in making it a residential hotspot, but also the limitless opportunities it provides due to a large number of industries is also a very important factor.
