Ready to Move in Units – A Better Bet

Ready to Move in Units – A Better Bet

Real estate saw a dull phase due to non fulfillment of the promises made to the customers, home buyers and the Allottes. Now it is steadily registering growth in a much better way than the expected. More and more home buyers are now searching for the ready to move units as compared to under construction units. Real estate sector takes a long time to deliver the projects and is really involves long gestation period.

                        Long gestation period leads to change in demand, change in requirements, change in policies of the Government and change in financial conditions as the aspirant. Many times the financial position improves but some time it effects negatively also. The period is usually 2 to 3 years on a minimum side and this period of 3 years makes changes in the normal life of any family. This is one of the biggest reason for opting the ready to move in units. The Home buyers when makes up the mind for purchase and evaluates his/her another financial position searches for the preferred location of the Apartment or we should better use the word “Address” than the address being finalized after evaluating the legal issues, financial issues and bank loan facility if required.

                        The intending purchaser views the ready to move in units in one another prospect that neither the buyer will have to pay rentals any longer and nor the liability of paying installment for an uncertain period will be a burden. It has been envisaged number of times that the purchaser has booked a unit and after excavation the allottee has again paid a installment but after the payment either the raft could not started or if started them the pace of work slowed down after basement completion. So the uncertainty continues and installment of EMI runs on its own speed and hence the biggest advantage for ready to move in (RMI) is end of uncertainty risk and other related losses. Yet the payment of rent and EMI do not threat at the same time and only one goes at a time.

                        The matter is not of gaining losses but also killing your risk sometime under construction provides gains on the aspect of good deal as RMI is expensive and load of interest also covered on RMI’s. But even then ready to move in do not associate risk and two, the requirement of the family at the time of purchase matches the product. You get the keys and get shifted with short span of time may be 30 to 45 days even.

FORMATION OF NEW STATE GOVERNMENT FOR BETTER GOVERNANCE

FORMATION OF NEW STATE GOVERNMENT FOR BETTER GOVERNANCE

The state of Uttar Pradesh was famous for scams, poor maintenance of Law & order by police, encouragement of public spaces. Power cut, rough roads,long quarrels on Jewar airport & non finalization of important files relating on infrastructure & lot relating issues. The new yogi government was sworn in the mouth march 2017 & all most 2.5 month has passed. The government has a shed its ministry to approach to resident of U.P. and listen to the problem directly .The solution to the problem should be immediate. The ministers has started travelling   to the different districts for providing  solution to the problem immediately .The DM ,SSP and other related officers of the district for providing were being directed the state to strictly follow the rules & regulation & various ministers visited Ghaziabad also to watch the situation of law & order maintenance.

The VC, GDA directed the authority for the proper follow up of regularized construction & immediate stop on irregular or unapproved construction in whole district . the outcome came as the irregular construction activities has stopped and the brokers , dealers or agent involved in promoting irregular construction considering the serve impact on the buyer has convinced then to secede from promoting the irregular / unauthorized or non approved construction.

The power cuts in the district has improved a lot & the power supply to the district in the may 2016 was 664.676 mu where as in may 2017 was 760 mu (Approx.). The good governance has directly shown the upliftment of civic facilities and resident are living comfortably life as compared to the previous years.

The situation of law & order is same that the municipal commissioner Chandra Prakash Singh issued an order to his official tone keep   crossing and main roads in the city free from encroachment with immediate effect as per Ajaskant.das@timesgroup com. the commissioner has also directed the officials to free up public space from radius of 25 meters at all major crossing in Ghaziabad. Lot of poles hoarding have been removed as resultant of that order footpath is made at various places and the works on progress . The roads which had been 1/3 rd encroachment by the shopkeeper have been served the notice to vacate & the cities getting more and more clear now. Accidents were being on a higher side when the roads were encroached the shopkeeper were for encroachment at various places. Likewise regarding police department also the new SSP made clear to the officials of different stations regarding law and order maintenance filling of FIR & taking actions for the same timely Dial 100 started by the government is also a good startup for the state of Uttar Pradesh for controlling crime. The other departments, Ministers of the state government are also works effectively for the better state of Uttar Pradesh.

The various orders passed by the government are timely taking for infrastructure also & Jewar airport shall also come up with final DPR earliest