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Yield the Benefits of Buying a New Home at the End of the Year

18 November, 2021

The year-end is the best time to buy a home. It is indeed the best time to score a deal at buying your dream home. The best part of it is to start off your life in a new home with the new year.

For this reason, Gems City brings to you a wide range of apartments in South Kolkata to make your new year a prosperous one. Let’s take a quick glance at the advantages of getting yourself and your family a new home for the new year ahead.

Low competition among buyers

The most obvious reason to house hunt at the end of the year is simple: fewer people are doing it. Due to lesser competition, you get to check out a variety of choices with no rush. Real estate dealers and experts are able to pay special attention to each of their customers who approach them as prospects during this time. As a result, the buyers get to see the facts and features without any rush.

The tax benefit factor

Many prospects get converted into home buyers during the end of the year for saving tax. This is mainly because they are entitled to claim a deduction up to 1.50 lakh under Section 80C in a year. So if you have a plan to buy a new home, this is the ideal time for you to do it as it entails the tax-saving benefit.

Financial aids

Various banks offer special home loan rates to encourage prospective home buyers to finalize their decision. Be it a private sector bank or a public sector bank, you are under the constant screening of your bank to offer you the best home loan interest rate possible. Besides banks, there are other financial institutions in India that offer lucrative home loan offers at the end of the year.

You get ample time to decide

As we have already said above that the rush within the home buyers is negligible during the end as compared to the rest of the year, you get some extra time to choose among the options. On the other hand, during an on-season as the time in hand is very less, you need to close the deal very quickly before the house is taken away by some other home buyer. Hence, choose to buy a home now so that you can have ample time to decide with your family about your requirements and wants.

Smooth transition

If you buy a new home at the end of the year, you get ample time to decorate your new home before you can start living in it by the month of January. After the decoration, you can easily arrange for the home entrance ceremony within the extra time you get before you move in during the new year. Besides, movers and packers are easily available during the month of November and December enabling a smooth and easy transition while moving from your old home to the new one.

If you are truly planning to score a deal on your new apartment, Gems City offers the most in-demand yet affordable community living in South Kolkata. So, what are you waiting for? Enquire today!

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