Gone are the times when home buyers waited patiently for building projects to be completed year after year. While under construction projects by reputed developers is still a good idea for many – such projects do have some cons for millennials who simply refuse to wait for so long to start living in their dream home!
This is where ready possession flats come to the rescue as they enable you to start new beginnings in your newly purchased home as soon as possible. So, read ahead as we list out the benefits of opting for such a venture and speculate why ready-to-move-in projects in Mulund are quite popular among homebuyers right now!
Why choose ready possession flats?
- You can properly inspect the flat before buying it instead of simply looking at sample flats or layout plans. As you look at the size of the rooms, quality of the structure, survey the surrounding amenities, and the view from the windows on a first-hand basis – it will help you make an informed decision.
- Another big advantage of ready-to-move-in flats is that you avoid tedious project delays. For under construction projects, developers can often delay the possession of flats to a couple of years until the completion of the project. Meanwhile, there is no waiting period for ready to move projects as you can move in as soon as the paperwork is completed!
- Moreover, a GST (Goods and services tax) of 12% needs to be paid when you opt for an under-construction project. For example: If one buys a property valuing at 70 lakhs, a GST of 8.4 lakhs needs to be paid in this case.
- For people living on rent, ready possession homes turn out to be a huge advantage as they can move in immediately and save on rent. In this way, one does not incur the double expenses of rent and EMI, which is often the case when one opts for under construction projects.
- The tax benefits and deductions are greater for ready possession flats – especially when you get a home loan. A deduction is allowed from oneâ€™s income of up to Rs. 1.5 lakh on the principal amount and a further deduction of up to Rs. 2 lakhs on the interest of the house loan. On the other hand, if an under-construction project is delayed for more than five years – the maximum deduction on annual interest reduces from 2 lakhs to 30,000 rupees!
What makes Mulund the right location for ready to move in flats?
The right locale and surrounding infrastructure are perhaps one of the most crucial things one needs to look at while buying a home in Mumbai. And in such bustling lanes of Mumbai – Mulund makes for quite the peaceful and posh neighbourhood that offers you the best of everything in the city.
The infrastructure of this suburb has been properly planned and executed since the early 1900s! From top schools to reputed hospitals and five-star restaurants – you will find that most structures and amenities are easily accessible in this suburb.
Well-groomed parks, popular theatres, shopping malls, nature trails, nearby Yogi hills, and easy connectivity with the entire city are more reasons why Mulund is a lucrative option for many home buyers right now. This is why many reputed developers have come up with ready possession projects in Mulund.
But amid so many, which project is the right one to choose?
Well – itâ€™s important to choose a project that simplifies your work commute, gives you luxurious amenities, and uplifts your lifestyle. Our ready-to-move-in luxury project Sheth Montana gives you all the above facilities while placing you right in the heart of Mulund! Read ahead to know what you may expect from this project:
Why is Sheth Montana the perfect locale for a home buyer?
Prime LocationÂ – Sheth Montana is located right on the LBS Road, which houses some of the most prominent addresses in Mumbai. As this road is connected to the Eastern Express Highway – you can expect quick and hassle-free travel to most suburbs in the city. The project is also well connected to the railway network – being a mere 2 to 3 kilometres away from the railway stations of both Mulund and Nahur.
Proximity to Nature -Â At Montana, we also pride ourselves at being so close to nature that you may get a mesmerising view of the majestic hills from the windows of your flat! This means that you may be able to watch the sun rise between the mountains, each and every day of your life. Rarely does a Â Â offer you such serenity!
Unique Design – 4 majestic towers with a level 5 podium garden built in each of them – Montana offers you configurations of spacious 2, 3, and 4 BHKs. The landscape around the towers is designed by the best of international experts and is replete with wide, open green spaces. These park walks and groomed lawns ensure that you may have a pleasant time picnicking with the kids or enjoying a quiet stroll during evenings!
Luxurious Amenities – We believe that the right amenities will allow you to pursue a healthy lifestyle, have fun, and unwind well after a tiring day at work. At Montana, youâ€™ll find state-of-the-art amenities such as fitness gyms, destressing saunas, health spas, multipurpose game courts, grand swimming pools, and so much more!
Social arenas – We make it possible for you to chill at a bar or watch a movie in a mini theatre within the boundaries of Sheth Montana itself! This allows you to socialise with others, make new connections, and have a fun time living in the building. Kidsâ€™ play areas and dedicated senior citizen corners ensure that socialising is possible for everyone, no matter the age group!
At Ashwin Sheth Group, we aim to provide the best possible solutions so that you may find your dream home at the earliest! Our ready-to-move-in flats in Sheth Montana make luxury living possible for you and your family within the high lanes of Mulund. With its dreamy locale and world class amenities – we hope that you may be able to find your very own niche in this city.