Bangalore has a vibrant real estate
market with residential properties being launched and sold faster than ever
before. It is said that some 11,500 units were sold in just one year- 2018.
Builders and developers here have come up with flats, villas, row houses,
duplexes, etc. Whatever residential property you are buying, you should know
that ready- to- move- in units are better than under- construction properties
in many aspects.
Renaissance Holdings, one of the
best builders and developers in this city, have come up with the best- in-
class ready to move villas in Bangalore.
These are housed in their project Lifestyle at Devanahalli,
North Bangalore. The project has peaceful and green surroundings, many
amenities and facilities, and admirable security features. It houses villas of
varied carpet area dimensions. Those looking for villas can choose from one of
these.
Now, let’s
move to the main topic, which is- why buy ready to move in villas than under
construction properties.
The
foremost reason is that ready to move in projects are ready to be occupied as
soon as you purchase those. You need not wait till the construction is over.
Every amenity is made available to you and every feature is functional, and you
can enjoy those as soon as you buy the home.
Another
major reason why ready to move in houses are preferred is that
under-construction properties often pose extreme handover delays. These delays
can adversely affect everyone involved, and can be a big headache to the
buyers. This is why you would have heard many incidences of legal cases going on in this
regard.
A crucial disadvantage of buying an
under-construction property is that at the time of deciding to buy the property
you don’t get to see what you get actually get in it. Any variation or deviation
of the reality from your expectation can be stressful. This can lead to grudges
and disappointments about the builder if the degree of variation is high. But
when you buy a ready- to- move- in property, all these issues are eliminated as
you get to see the project with your very own eyes before making a purchasing
decision.
Another big advantage of buying a ready- to- move-
in property is that their cost premium is coming down. Previously, this amount
was 10 to 15%. This prevented people from going for ready- to- move- in
projects. But now this rate has been lowered. Further, these projects are also
free from GST implication, which is 12% on under-construction properties. So,
purchasing a ready to move property is now a viable, wise and cost-effective option.
All these points suggest that aspiring home buyers
in Bangalore should go for ready- to- move- in properties over under-
construction properties. Prospective buyers may check out the ready to move villas in Bangalore under
the Lifestyle project at Devanahalli. The layout and other details of this
project can be found at Renaissance Holdings’ website.
The legality of this project is proved by the
various approvals and documentations available with the builder. Several
financial institutions of the country have provided the financial approval for
this project. You may call up Renaissance Holdings to arrange for a site visit
to this project.

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