In 2020, the demand for ready to move properties has increased because of various different reasons. Mainly, due to the corona pandemic, people's interest is shifting towards ready-to-move homes drastically.
The number of ready to move apartments in the current real estate market is less than ready to move estimated homes in 2020. Also due to the demand for ready to move apartments buyers are paying more to own the property immediately.
The fall in home loan rates and reduction in stamp duty by Maharashtra Government has favored home buyers to go buying new homes and this opportunity has brought a major boost in the real estate market.
Those people who were living in rental homes during the pandemic have faced many difficulties and no one knows the importance of having a home better than them. So the demand to read to move flats is increasing and the extra benefit of no GST on ready to move flats make it easy to go for it.
The circumstances caused by the pandemic have increased the home demand among buyers. The pandemic has taught people the importance of having a home. Therefore buyers are looking for homes in greener spaces with less density of people to maintain social distance. The research on the vaccination of COVID-19 is still ongoing and no one knows if there would be another lockdown or how the situation may turn out afterward, so to own a physical asset like a home is the first priority for people and their family's safety.
Millennials are smart and know their need very specifically. Their focus is on making their lifestyle more healthy and safe in the coming ages. So people are looking to shift immediately into ready-to-move homes with natural surroundings that will help them to be health-conscious.
Even from an investment perspective, buyers should prefer ready to move property because it will be an immediate source of earning a good income. A few days of the year 2020 are passing the demand for new homes is increasing and the immediate solution for the demand of home buyers are ready to move homes.
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