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.
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. 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. 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. 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. 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. 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. 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