Buying a new home is both exciting and tiring. Prior to investing in a house, the prospective buyers have to go through the tedious process of selecting the perfect home. In this process, they shall be required to make a number of crucial choices, one of the biggest ones being that whether to buy a ready-to-move-in flat or an under-construction property. While under-construction properties are priced lower than the ready-to-move-in ones, there are several advantages the latter has against the former option. Here are some of them: No EMI and rent headache As a person invests in an under-construction house, they shall have to wait for a good span of time before the project reaches its completion. They shall also have to pay EMI for their under-construction homes, as well as the rent of the house currently they are living in, side by side during this time. This means that they will have to deal with a good sum of unnecessary expenses on a monthly basis. Such a situation shall not take place with ready-to-move-in houses, as one can simply move there once the property transaction is completed and need not pay any rent. No risk of project delay The biggest risk that homebuyers face when buying under-construction properties is that of project delays. While at the start of the project, the developers do give a deadline for its completion, there are several instances when the project is not completed on time. In fact, several projects in the under-construction segment in the Delhi-NCR have been delayed for years. Due to the defaults and delays in deliveries of projects in the region, the real estate market of Delhi-NCR has been affected to quite an extent. Hence, it shall be a better move for people to invest in ready to move in apartments in Gurgaon , Noida, Delhi, or some other city, rather than opting for under-construction homes. Pay for what you receive There are many cases where there is a huge difference between what a builder actually promises to deliver, and what they actually deliver at the end of the project. Such builders tend to charge the homebuyers for a high-quality project, but do not meet the expectations at the time of the delivery. However, no such risk shall be prevalent when buying a ready-to-move-in house. The buyers can easily explore its area, size, construction quality, amenities, and more before going through with their purchase. Immediate use Buying a ready-to-move-in house means that the building shall be ready to use from the first day itself. The buyers can either move in there or rent it out to get good returns from their investment. Cost advantage There is no GST applicable on ready-to-move-in properties, and hence the buyers can enjoy a good cost advantage by investing in them. Conversely, developers charge 12% GST with or without input tax credit for under-construction homes. To find the ideal ready to move in apartments in Gurgaon , Noida, Delhi, or some other city, one simply has to explore the websites of any renowned real estate companies operating in the region.