| | OCTOBER 20259CHRONICLESHOMESCHRONICLESHOMESDisadvantages· Higher Cost: Ready-to-move homes in India are often more expensive due to immediate availability and developed infrastructure.· Limited Customization: Once construction is complete, making changes is challenging and costly.· Higher Competition: Popular RTM properties may attract multiple buyers, leading to competition in India's real estate market. Advantages· Lower Initial Cost: Under-construction flats in India are typically priced 20­30 percent lower than RTM homes, making them affordable apartments in India.· Flexible Payment Plans: Developers often provide staggered payment plans, easing financial strain during construction.· Customization Opportunities: Early buyers can select finishes or layouts, creating customizable flats in India.· Potential Appreciation: Property values in de-veloping areas can rise during construction, en-suring high returns on property investment in India.· Tax Benefits: Home loans for UC properties offer tax deductions on both principal and interest under Section 80C and 24(b).Disadvantages· Construction Risks: Delays or cost overruns can affect possession timelines.· GST Applicability: UC properties attract GST, adding to the cost.· Limited Immediate Returns: Rental income begins only after possession.· Developing Neighborhoods: Amenities may still be under construction.Top Real Estate Developers in IndiaIf you are looking to buy apartments in India, several top real estate developers in India offer both ready-to-move and under-construction flats across cities like Mumbai, Delhi NCR, Bengaluru, Pune, Chennai, and Hyderabad:· Prestige Group ­ RTM: Prestige Southern Star, Prestige Primrose Hills | UC: Prestige Finsbury Park, Prestige Lavender Fields· Sobha Limited ­ RTM: Sobha Dream Acres, Sobha City | UC: Sobha Royal Crest, Sobha Windsor| | OCTOBER 20259
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