High demand for ready to move in homes

Sep 7, 2021

There has been a significant rise in demand for ready to move in flats across the country. With many projects stuck, home buyers are leaning more towards ready-to-move-in units than newly launched projects. According to an online survey by property consultant ANAROCK, conducted in seven major cities of the country including Delhi NCR, Mumbai, Pune, Chennai, Hyderabad, Bengaluru, and Kolkata, about 49% of home buyers are looking for ready to move in property, 35% are looking to buy a property that will be ready in next six months while 11% favored property that will be completed in a year and only 5% interested in newly launched projects.

There are various reasons for the low demand for newly launched projects and high demand for a ready-to-move-in property like default and significant delays in delivery of housing projects. Lakhs of buyers in Delhi NCR alone are stuck in projects announced by various developers who have either claimed bankruptcy or are continuing with huge delays in delivery of the flats. So the majority of the prospective home buyers are looking for properties that are ready to move in or ones that will be completed within the next six months.

There is a lot of motivation to buy ready to move in flats with GST savings also available. So the home buyers are not in the mood of waiting for the property. If you are also a home buyer looking for a ready-to-move-in property in Delhi NCR then Gulshan Botnia is a must check out. It has all the amenities that you look for in your dream home. It is constructed by one of the most trusted brands in real estate Gulshan, who have delivered many fantastic projects over the past 3 decades of their existence and made housing dreams come true for thousands of families.

Following are the main reasons for the high demand for Ready to move in homes:

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