Ready To Move In Property Vs Under Construction Property

Ready to move in property Vs Under-construction property

If you are thinking to own a house, one can go for two options: ready to move in property or under-construction. Well both of these have their own advantages as well as disadvantages at a time when new reforms linked to real estate have come, at a changing time of economics.

When asked, many wants to own ready to move in, on the other the number of buyers who wanted to go for under-construction was also not less, let’s briefly see their pros and cons.

Amritsar Becoming The Next Hot Realty Destination

Amritsar becoming the next hot realty destination

Amritsar the second-largest city of Punjab boasts of the Golden Temple and attracts more visitors than the Taj Mahal. At present, the city has ample supply of residential units, with many new township projects launched along the national highway and airport. The city has a number of malls, multiplexes and townships under construction in Amritsar, which are attracting buyers towards it. There are also approximately 25,000 industrial units in Amritsar district.  The old city area along the Civil Lines is an established residential area with plotted developments.

Demonitization

DEMONETIZATION: Measuring its impact on real estate sector

Demonetization completes one year. On 8th November 2016, Prime Minister Narendra Modi had announced the closure of 500 and 1000 notes. Modi’s decision to take action on black money has ushered a new era for the real estate industry in India. The rolling out of major policy reforms such as the Real Estate Regulation and Development Act (RERA) and the Goods and Services Tax (GST) compounded the aftermath effects of Demonetization.