5 Benefits Of Investing In Ready To Occupy Apartments In CalicutMarch 3, 2017
Buying a dream home is a lifelong dream for everyone. Its takes a lot of studies and researches before making that big decision. i.e. buying your dream home.But one of the most confusing factor among the home buyers is about the type of project they need i.e. whether it’s an ongoing or ready to occupy or pre-launch projects. If you are first to the industry and in a dilemma about this, It better to go with the ready to occupy apartments, since it can deliver many advantages over the other.
Here are the 5 benefits of investing in a ready to occupy apartments:
1. Tax benefits
The major benefit of the ready to occupy flats is the tax benefits that you get out of it. The price of residential properties in the Calicut city are increasing day by day and most of the investors and home buyers are taking a considerable amount of home loan as a main source of finance. And this will help you to get tax reductions and benefits on ready to occupy apartments after possession.
2. Rental savings
No more waiting and rents. Ready to occupy apartments will avoid paying rent since if you are planning to move in immediately. And if you are planning to rent it out, then it would be the best way to repay your home loan EMIs and good source of income also.
3. Low risks
Ready to occupy apartments ensures zero risk in terms of delayed possession, changes in amenities offered, proper room size and accessories, price variations, legal issues etc. In the case of ready to occupy apartments, You are free to select apartments as per your requirement and lifestyle. Also you can talk with pre-occupied residents and other neighbors about the builder, about payments, support and facilities offered by the builder etc.
4. Good Resale Value and Appreciation
Ready to occupy apartments and projects near completion from branded builders has the chance of the price appreciation, once the project is fully operational. Based on the location, design and amenities offered, you will get 10 to 25 % increase in the property value when its fully occupied or sold out. It’s a good idea to invest in projects from leading builders like Ladder Kerala, who have world class residential projects across prime locations of Kerala.
5. No Pre EMI loss
Unlike the ongoing projects, Ready to occupy apartment allows you to start paying your home loan EMIs only after you move in or rent it out. But in the case of under construction projects , you may be paying installments for many months, even before actually completing it.
Located in Mankavu – Mooriyad Rd at the heart of Calicut close to all major landmarks of the city, Ladder Mankav Greens is the best Ready to occupy apartment project in Calicut. The project offers 2 & 3 bedroom ready to occupy flats with world class amenities and conveniences.
For more details on the project – Click here