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Advantages of Investing In Ready for Possession Flats

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There are quite a few uncertainties and risks associated with under construction properties. Therefore, nowadays most people opt to invest in a ready-to-move-in or ready for possession flat. These flats have minimal investment risks and offer a number of benefits.

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Advantages of Investing In Ready for Possession Flats

  1. 1. Page 1 Advantages of Investing In Ready for Possession Flats
  2. 2. Page 2 Introduction There are quite a few uncertainties and risks associated with under construction properties. Therefore, nowadays most people opt to invest in a ready-to-move-in or ready for possession flat. These flats have minimal investment risks and offer a number of benefits. Some of the major advantages of investing in a ready for possession flat are mentioned in the following slides.
  3. 3. Page 3 Tax Benefits Ready for possession flats in Noida or any other city provides a significant tax benefit. According to the income tax rules of the country, there is an exception on capital gains under the sale of property only if the amount is reinvested in property within two years. However, if the possession is delayed further then you may have to pay an exorbitant amount of capital gain tax. You need not worry about this after investing in a ready-to-move flat. Additionally, there is no service tax involved in ready for possession flats in Noida or any other city.
  4. 4. Page 4 No Waiting Period One of the biggest advantages of investing in a flat ready for possession is that there is no waiting period involved in it. As the project is already completed, you can start residing in the apartment just after the transfer of ownership and completion of all required procedures relating to the purchase.
  5. 5. Page 5 Easy EMI Payments While investing in flats ready for possession in Noida or some other city, you only have to pay the EMIs relating to the home loan immediately and there would be no other down payments required. In case of under construction properties, the EMI starts only once the construction has been completed; however, if there is a delay in construction, the EMI starts once the home loan has been given to the applicant. In many cases, buyers are forced to cancel the booking of an under-construction property due to the financial burden that increases with increasing interest rates, so with a ready-to-move-in flat, you are saved of that hassle.
  6. 6. Page 6 Buy What You See In quite a few cases, the designing of the under construction property might differ from the images shown in the property booklet after completion. A house is one of the biggest investments in a person’s life; therefore, you should ensure making a choice that meets your tastes and requirements. In case of ready-to-move-in flats, you get the chance to inspect the property before investing in it and thereby are able to efficiently decide if it meets all your needs.
  7. 7. Page 7 Best Place to Invest In Ready-to- Move-in Flats If you are looking for a flat ready for possession in Noida, then you should definitely check out the website of Wave City Center. It is a mega residential-cum-commercial project, developed by one of the biggest real estate developers of the country. This project is located in the Sector-32 area, which is a major commercial and business hub of the city and thus, will offer you all the conveniences of a good life in a metro city.
  8. 8. Page 8 Contact Us Address: Plot No. 01, Block CC-1, Sector-32, Noida - 201301 Uttar Pradesh, India RERA Project Reg. No. UPRERAPRJ5489 Website: https://www.wavecitycenter.in/amore.php THANK YOU

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