Arihant Ambar: Ready-to-move-in Homes with Umpteen Benefits

Buying a residential property is an important decision. It involves huge capital investment and requires extensive legwork. In the Delhi-NCR market, there is no dearth of ready-to-move-in residential property falling within different budgets. But many prospective homebuyers feel that under-construction property is better investment owing to lower prices. However, realty experts have different opinions. They feel that if a homebuyer buys a ready- to-move-in property like Arihant Ambar Greater Noida West, he receives an array of advantages which are hard to find in an under-construction home.

Benefits of Investing in Ready to move in Residential Property

1. A person can move immediately in completed residential projects. In this manner, they are eliminating the biggest risk of project delays. The situation worsens if a person has invested in an under-construction property and taken home loan. Not getting possession in defined timelines leads to double burden of Home loan EMI and rent on homebuyers. This sometimes leads to financial crunch.

2. If you are making an investment in completed residential project like Arihant Ambar, you will easily get a home loan. The banks and financial institutions conduct their due diligence before granting a loan on under-construction property. But in the case of completed project, all these formalities have already completed. Thus, banks grant loan easily and at lower rate of interests.

3. It happens that homebuyers do not get what has been promised. Sometimes, the developer makes changes in the floor plans or any other thing without buyers’ approval which become the topic of conflict later on. Such uncertainties do not exist in ready-to-move-in projects. Size of rooms, quality of construction, available amenities, etc., will remain the same as the homebuyer witnesses during its visit.

4. The ready-to-move-in properties are not under the ambit of Goods and Service Tax i.e. GST. For instance, if a person is buying any 2 BHK unit in Arihant Ambar, he needs not to pay GST. Moreover, if a person is buying the property and taking a home loan, he can claim the tax benefits in the possession year.

Indubitably, a ready-to-move-in project costs higher than an under-construction property but risk element subsides completely. So, if you are thinking to buy a residential property in Greater Noida West, you can consider Arihant Ambar project.

 

The Project’s Brief Insight

It is an affordable category housing project offering 2 and 3 BHK spacious apartments. The project spreads across 4 acres of sprawling greens in sector- 1 Greater Noida West and offering apartments in sizes 995 to 1440 square feet. The developer, Arihant Group, has started offering the possession of the project from October’ 2019. It comprises 4 towers and 624 units.

Some of the available amenities in the project are sports arena, swimming pool, indoor games room, children’s play area, gymnasium, cycling and jogging track, etc. The beautiful landscaped features of the project are drop-off area, tree courts with water elements, entrance water feature, fragrance garden, feature wall with water element, etc.

 

Read Also: Top 10 Best Residential Projects in Hyderabad

Sector- 1 in Greater Noida West is fast developing. The wide roads, excellent connectivity with expressways and the presence of reputed schools and hospitals in the vicinity are three factors making it an ideal destination to purchase affordable homes. The price of 2 BHK unit starts from INR 40 lakh onwards. So, if you are really considering to buy a unit in Arihant Ambar, you need to act fast as only limited units are left.