Why Home Buyer Prefers Ready to Occupy Apartments To Under Construction Ones



Are you in search of a new home? apartments in Kochi, which one you choose a ready to occupy one or an under construction one. Here are some factors which state why home buyers prefer ready to occupy apartments to under construction homes.

1.    Delayed possession
Regardless of the attracting promises, many under construction projects have been delayed for lengths of time.

2.    Paying heavy rents till the accommodation
The proposed homebuyer needs to pay the rent of his current accommodation in addition to paying the EMI of the home loan for the under construction project.

3.    Rental income
Most of the real estate investors invest in a new project, flats in Kochi for two reasons capital appreciation & rental income. In this point of view, investing in an under construction project is not a good investment choice.

4.    Tax burden due to GST
Under construction projects attract more tax than ready to move projects.


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