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Posted by Admin on September, 16, 2019
The age has gone when people used to think for buying a home only after their retirement. In this age, the young generation is paying their interest in property buying in their early ages. They are pretty smart to understand the importance of investing in the real estate!
Actually the major portion of these young people needs to live other cities due to their work source and thus need to take house on rent. Thus it is quite easy for them to quickly realize that paying the EMI amounts to banks on every month is a far better idea than paying the rental amounts.
Though there are a number of new flats for sale in Noida, it does not mean that you have to buy a 3 or 4 BHK flats for stay. Go according to your budget. And, if you are thinking that what if you need to change your job location, don’t worry, you can easily put your house on rent or sell it through the brokers. They will make good deals for you.
Ready-to-move-in or under construction flats to buy…
The next thought should capture your brain is whether to go for a ready-to-move-in or an under construction property? Honestly, if you have 20-40 lakhs in your bank account, you should buy a ready-to-move-in flat, as it will be the best way to escape the monthly rentals. But what if you do not have such a big amount in hand? Under-construction flats are the best deal for you. Such properties are no less in terms of price and quality. But both the buyers and builders remain benefitted through such projects. The builders get the money from the banks to construct the building and the buyers also do not have to pay price of their property until they get shifted in their flats.
Let’s know more on how an under-construction property can make the best deal for you.
1. Lower cost
Of course, an under construction property price is much less than a ready-to-move-in property, and such property schemes are often include interesting payment options. They buyers may need to wait for a couple of years to live in their own house, but the lucrative payment options matter!
2. Higher appreciation
When a property is under construction, its buyers need to pay the minimum value of the property. The similar property gets sold in a much higher price when it is ready to move in for any new buyer. Thus, when you buy a under construction flat, you can expect a higher appreciation for the property in future, i.e. higher ROI.
3. Payment flexibility
All the ready-to-move-in 1, 2,3, or 4 BHK apartments for sale in Noida demand the entire value of the property to be paid at one time. Of course, registrations costs, interior decoration charges, etc. are added payables. But when you are buying an under construction flat, you hardly need to pay 5-15% of the price of the property as a booking amount, that’s all!
Hence, buying an under construction flat is no less beneficial than buying a ready-to-move-in property. Both have their individual benefits to offer.
This entry was posted on September, 16, 2019 at 16 : 36 pm and is filed under Flats for Sale in Noida. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response from your own site.