Buying a home is one of life’s greatest investment. When you decide to get your own place in Chennai, you will be faced with a lot of options – under-construction apartments, pre-launch apartments and ready-to-occupy flats for sale in Chennai. But, only the ready-to-move-in flats are in great demand due to the following reasons.
Minimum Risks
The biggest risks of investing in an under-construction or pre-launch apartment are project delay, change in plans and quality of construction. You are expected to base your purchase decision on sample flats, which might be misleading. Also, you might not get all the amenities initially promised and you will be stuck with a property that you cannot call your dream home.
Such risks can be safely avoided in a ready-to-occupy apartment in Chennai. You will know exactly what you are paying for and will seal the deal only after properly inspecting the flat. You will pay for exactly what you need and there will be no surprised when the keys to your new home are finally handed to you.
Attractive Tax Benefits
If you are not smart about your home purchasing decision, you might be losing out on tax benefits. For instance, if you are applying for a home loan for an under-construction property, you will have to pay tax on an annual basis. Once your home is delivered, you can only claim the interest that you paid to the builder. But, such taxes can be avoided by buying a ready-to-move-in flat.
Start Living as Soon as the Flat is Purchased
Save yourself the hassle of paying EMIs or renting out a place until your apartment is getting constructed. Ready-to-occupy apartments allow you to start living straight away as soon as the purchase process is complete.
Pacifica, a leading real estate company, offers ready-to-move-in luxury flats for sale in Chennai. Enjoying a strategic location in Omr, the apartments are equipped with world-class facilities and amenities. If you are interested, get in touch.
