Why Ready-to-Move-in Apartments Are Perfect for Homebuyers!

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Why Ready-to-Move-in Apartments Are Perfect for Homebuyers!

Did you know that ready-to-move apartments offer not just financial savings but also a hassle-free lifestyle? Yes, you read that right! With immediate occupancy, premium amenities, and no construction delays, they make home-buying effortless. 

This guide will walk you through why ready-to-move-in apartments are the ideal choice—especially in a vibrant city like Chennai.

Key Points Discussed Here:

• Plus points of ready-to-move apartments.
• Tax benefits of ready-to-move properties.
• Advantage of Apartment Amenities Legal.
• Verification Steps.

Visit the Ready-to-Move-in Property Before You Negotiate!

Have you ever wondered if you could make the right choice without seeing the property firsthand? And most importantly, avoid negotiating before you visit! A personal visit offers invaluable insight. Here’s what to keep in mind when you step onto the property.

What to do during the site visit

• Verify construction quality before committing.
• You can check for building issues.
• Make sure electrical fittings work properly.
• Confirm the apartment matches the promised layout.
• Assess ventilation, lighting, and overall comfort.
• Review security features for a safe living space.
• Test water supply, power backup, and internet connectivity.
• Identify hidden repairs before finalising the deal.
• Use inspection findings to negotiate a better price.

Negotiation tips to buy x properties

• Do Your Research
• Know Why the Seller is Selling
• Be Ready to Walk Away
• Point Out Property Issues
• Ask for Extras
• Negotiate More Than Price
• Use Market Conditions to Your Advantage
• Choose the Right Time to Negotiate
• Get Help from a Real Estate Agent
• Think About the Property’s Long-Term Value

Ready-to-Move Apartments Come with Legal Approvals

Buying a ready-to-move-in apartment is a simple process. After inspecting the property in person, it’s time for legal verifications. Most of the ready-to-move properties pass basic legal requirements. But still, verifying the title deed and occupancy certificate is important! Have clarity on this verification part to avoid legal complications in the future! At times, you can approach for legal help too. You can also check CMDA approval for better credibility.

How to Verify if an Apartment is CMDA Approved

• Visit the CMDA Website
• Search for the project using its name or approval number
• Ask the Builder for approval documents
• Request a copy of the CMDA-approved building plan and check for a Planning Permission (PP) number.

Offline Verification

Visit the CMDA office in Chennai to cross-check the project’s approval status.

Needed Documents for CMDA Verification

• Land Title: Sale deed, gift deed, or title deed.
• Patta/Chitta: Ownership proof with survey details.
• Land Use Conversion: Approval for residential/commercial use.
• EC: 30-year certificate confirming no legal dues.
• Building Plan: CMDA-approved plan and layout.
• Completion Certificate: Proof of construction completion.
• NOC: Clearances from relevant authorities. (if applicable)
• Tax Receipt: Latest property tax payment.

Easy Financial Options for Ready-to-Move Properties

Easy financing is one of the highlights of ready-to-move-in properties! We can use this financial aid to own a home or invest in a promising property! Almost all nationalised banks and private finances offer home loans.

Banks process quick loans for ready-to-move-in properties as they come with low risk. Some builders even offer furnished apartments, which means we can occupy them immediately. But home loan eligibility depends on your credit score and loan eligibility. 

Why Are Home Loans for Ready-to-Move Properties Easier?

• Lower Risk—No construction delays or uncertainties.
• Immediate Possession—Move in right after purchase.
• Better Loan Approval Rates—Clear titles and occupancy status.
• Tax Benefits—Tax deductions are available on principal and interest repayments.

According to our in-depth research, we have written a blog on home loan guidance. We are sure the blog will help you!

Meanwhile, check out the tax benefits of home loans in the next section.

Tax Benefits on Home Loans

• According to the 2025 budget, Zero Tax on Two Self-Occupied Houses! 

Section 24(b) – Interest Deduction

• Up to ₹2 lakh/year for self-occupied properties.
• No limit for let-out properties.

Section 80C—Principal Repayment

• Up to ₹1.5 lakh/year.
• Property must not be sold within 5 years.

Section 80C—Stamp Duty & Registration

• Included in the ₹1.5 lakh limit.
• Claimable only in the payment year.

Section 80EE—First-Time Home Buyers

Additional ₹50,000 deduction if:

• Loan ≤ ₹35 lakh & property ≤ ₹50 lakh.
• Loan sanctioned between Apr 1, 2016, and Mar 31, 2017.
• The buyer had no prior house.

Section 80EEA—Affordable Housing

Additional ₹1.5 lakh deduction if:

• Stamp duty ≤ ₹45 lakh.
• Loan sanctioned between Apr 1, 2019, and Mar 31, 2022.
• First-time homebuyer.

Joint Home Loan Benefits

Each co-borrower can claim:

• Up to ₹2 lakh interest deduction (Sec 24b).
• Up to ₹1.5 lakh principal repayment (Sec 80C).

Enjoy Immediate Usability and Premium Amenities

As we discussed earlier, immediate occupancy is the main highlight of ready-to-move-in apartments. How long can you wait, right? And one more exciting thing is exclusive amenities. 

90% of builders offer premium amenities that make our lifestyle super easy! But this is not the case in normal houses or own construction. According to our research, most of the apartment developers offer the following amenities.

• Fully equipped gyms, so you can cut down gym membership costs!
• Passenger elevators for comfort and convenience.
• Children’s Play Area to keep the energy alive in kids.
• Sports Courts for Athletes. 
• Jogging & Walking Tracks for fitness enthusiasts.
• 24/7 security and a gated community setup for a peaceful lifestyle.

Financial Advantages of Ready-to-Move Apartments

People often think the apartment is costlier than individual homes, but that’s not true. Investing in ready-to-move apartments offers remarkable financial benefits.

So, that could be the best for young employees who are planning to settle in their 20s and 30s. Under-construction properties come with unexpected expenses and obstacles. Check out the following financial benefits of ready-to-move properties.

Perks of Ready-to-Move Apartments

• No Construction Delays
• Eliminate price fluctuations
• Get tax deductions on home loan interest 
• Profitable and hassle-free investment.

Current Construction Projects by ASN Housing in Chromepet

Why Chromepet? ASN’s latest project is located in one of the most sought-after areas—Chromepet. Offering 2 and 3 BHK apartments equipped with attractive amenities, our project is designed for comfort and convenience. With excellent transportation links, including electric trains, metro connectivity, and buses, you’re never far from what you need. Plus, with popular restaurants, prestigious institutions like MIT University, schools, and more, Chromepet is truly a prime location for your next home.

Checklist for Buying Ready-to-Move Flats

Purchasing a ready-to-move flat is a major investment, and ensuring everything is in place is crucial for a hassle-free experience. Here’s a checklist to guide you:

Legal Verification

• Verify the title deed and ownership history.
• Ensure the property has RERA approval and an occupancy certificate.
• Check for clearances on water, electricity, and property tax.
• Review the sale agreement and builder-buyer contract.

Quality Inspection

• Check for cracks, seepage, and construction quality.
• Inspect plumbing, electrical fittings, and ventilation.
• Ensure the flat matches the promised layout and specifications.

Location & Connectivity

• Proximity to schools, hospitals, offices, and metro stations.
• Availability of markets, malls, and essential services nearby.
• Road connectivity and public transport access.

Amenities & Facilities

• Security features like CCTV, gated entry, and fire safety.
• Availability of parking, lifts, and power backup.
• Shared spaces like a clubhouse, gym, swimming pool, and play area.

In addition to these, our experts shared their insights on important factors to consider before purchasing a flat. If you're unaware of these, this guide is perfect for you.

Ready-to-move-in apartments come with rewards!

In wrapping up, we’ve explored the significance of a site visit, how to verify legal approvals, the financial perks of choosing ready-to-move properties, and why they might be the best fit for you.

To make things easier, we’ve also highlighted our ongoing project in Chromepet, where you can see these benefits firsthand. If you have any questions or need further details,? Don’t hesitate to reach out to us. We’re here to guide you every step of the way!