Bet low risk real estate investment: Prepare occupied units
Ready to occupy residential property to eliminate the risks associated with the implementation of the project. It brings to repay such funds raised in the form of rent, etc. to earn real estate loans, range, price appreciation as well as some of the benefits of saving tax breaks.
With shy bladder developers invariably postpone their projects in almost all major cities in India, many buyers, especially end-users have started to like move at any time, or the performance close to the property. In like Gurgaon, NOIDA and Mumbai city, the average delay between the project and the two come from anywhere, but the southern city has a range of three to six months in a relatively small delays.
In some cases, project delays have been stretched to more than two years. Not only have delayed project delivery, there is most of the time after waiting so long hidden, buyers feel that he did not get paid for his problem. According to the National Consumer Hotline data, the complaint in the real estate industry, mostly related to an apartment or a plot of delay in delivery and / or delivery of the product is not in quality, specifications and terms of carpet area at the time of booking promised. In addition, developers sometimes change the layout plan of the project and added some extra floor.
Ready to move a property is considered to be relatively low risk compared to the construction of property, because they do not suffer as a blueprint and a commitment to quality, delays and changes in price upgrade from risk. However, as they say there is "no risk of no return" in preparation occupied properties with a price tag. Generally, ready to move in the price performance ratio in the construction of the property, so that they can not afford the high 25-40%. In this case, some buyers, especially the end user, is beginning to show a tendency for projects to be owned. Invest in these projects offer a variety of advantages, in addition to early possesson.
SOURCE : WEB
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