January 22, 2024

Acquiring a Ready To Move-In Home presents a significant financial advantage in the form of tax benefits in the year of occupancy

Mr. Rakesh Reddy, Director, Aparna Constructions and Estates

In a recent article featured in The Hindu, Mr. Rakesh Reddy, Director of Aparna Constructions, sheds light on a significant shift in homebuyer preferences. Despite a surge in new property launches, there’s a remarkable inclination towards fully completed homes, particularly in the affordable and mid-budget segments. This preference stems from concerns over project delays, inflationary pressures, and supply chain disruptions that impact the cost and delivery timelines of under-construction properties.

Furthermore, the appeal of ready-to-move homes has grown with the rise of remote work options and the lure of spacious suburban living, especially in tier-2 and tier-3 cities and highlights the ever-evolving landscape of the real estate sector.

To know more about the evolving landscape of the real estate sector, click here: