Advantages of Ready-To-Move-In Flats in Malad

Buying a property is an emotional decision and everyone needs to care about this. It is very important since you are not going to switch in the next few years. You will also not sell your apartments in Malad unless you get a better deal or need a bigger house. One of the biggest risks of the under-construction project is they are likely to delay due to many conditions. The ready-to-move properties come with better benefits and the chance of getting cheated is also less.

Let's go through some advantages of buying ready to move property:-

Low Risk

After you have purchased 1 BHK flats in Malad West, there is less risk of delay of possession. In the case of under-construction property, delay can be one reason and in many cases, the developer also duped the buyer. You need to extra careful while going for an under construction 3 BHK Flats in Malad East.

Tax Benefit

After you make a purchase of 2 BHK Flats in Malad West, you can avail of tax exemption on your home loan for both the principal and interest repayment. In the case of under-construction property, the tax benefits can be claimed only when you get possession of the flat.

·       Budget Buying

In the case of ready-to-move property, you can select the property of your choice. If you are looking for a 2 BHK Flats in Malad East, you can find a home that fits your budget. If the project gets delayed for few months, the developer can increase the cost of construction and which you will have to bear it.

·       Rental Income 

If you have bought 3 BHK Flats in Malad East and it is for investment and not for personal use, you can rent them. For example, if you want to shift later you can also rent it out and make some rental income out of it. The rental income will help you to pay out your equated monthly installments or EMIS, and you will be in a safe place.

Infrastructure Facilities

If you are planning to buy 2 BHK Flats in Malad West, you can just walk to the construction site and check for the infrastructure. Look out for other associated facilities the developer is offering. You can also physically verify the 2 BHK Flats in Malad East and check for other amenities. It is one of the primary benefits and helps you to examine the product closely.

·       Immediate Authority

Once you have made the payment and signed the document, you can instantly move to 1 BHK flats in Malad West. It will be your peaceful possession for you. Generally, for the under-construction property, you might have to wait for years, before getting possession.

For buying apartments in Malad you should have a strong financial position as you need to pay the full amount. After that, the builder will handover you the keys.  If you are going for any home loan, it needs to be sanctioned and the EMIs will start instantly.