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Pros and cons of opting for a ready to move in flat

Buying a home for the family is everyone’s dream as it gives us a sense of pride and satisfaction. You must be very careful in choosing the perfect home for you as most probably you must be spending all your savings in your dream home. There will be always two options for you to choose from. Either you have to buy an under construction home or a ready to move in flat. There will be a lot of options for ready to move in flat because there is always construction activity going on and builders will not be able to sell all the flats. There are various ready to move flats in Hinjewadi, Pune.

Hinjewadi has developed a lot due to the IT revolution. Housing offices of several reputed IT and ITES companies Hinjewadi has become a hive for housing and development projects. Due to this, you may see many ready possession flats in Hinjewadi and you can select any of those if you wish. While buying a flat, you will always want to choose the ready to move flats as you can take the possession of the flat and start living right away. Also, as the possession of under construction flats are getting postponed due to various reasons, people are choosing the option of ready to move flats. But before deciding which type of flats you should choose, look for the pros and cons of opting for a ready to move in flat.

Pros:

  • The most important thing is you can save the rent immediately as you take the possession of the ready to move in flat and start living there. This way you can save on rent which you have been paying for the rented house.

  • You get what you see and there is no question of seller misleading you. The seller cannot deceive you in the ready to move in flat as you get everything that you see. You can check everything before buying the flat and see if it satisfies your requirements.

  • You can see the legal status of the property which is mainly considered during the real estate property deals. You can also verify the papers with your legal team of experts and get the details regarding the property.

  • There is no service tax on the ready to move in property. You can save money by investing in the ready to move in flat.

Cons:

  • These kinds of flats are mostly costlier depending on the market conditions.

  • You have to pay the full amount to the seller once you finalise the flat. You also have the burden of paying stamp duty and registration charges.

  • You cannot modify those things which you don’t like in the flat. There is very little scope for modification.

  • You have little choice for the ready to move in flats. You have to select from the options available.

As a buyer, you should take the decisions very carefully. With the pros and cons of the ready to move in flats, you will be able to decide better.

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