HomeDaily NewsDNA: Most Mumbai Metropolitan Region home buyers want ready-to-move-in flats: Survey .

DNA: Most Mumbai Metropolitan Region home buyers want ready-to-move-in flats: Survey .

Once again it has been found that most home buyers want to put their money in properties that are ready to move in. A survey by Anarock Property consultants says that 47 per cent of Mumbai Metropolitan Region home buyers,  wish to put their money in ready-to-move-in properties. The number stood at 10 per cent, when asked for their interest in new launches. Not only this, in MMR, 49 per cent surveyed home buyers want to buy a two-BHK, while 24 per cent will opt for a one-BHK apartment. This shows that the majority still wants to opt for smaller homes.

The trend of investing in a ready-to-move-in property across the country is high. Even 39 per cent of the Non Resident Indians, who were surveyed want to invest in ready-to-move-in homes. In MMR, 27 per cent do not mind putting their money in properties which are to be ready in six month, while 16 per cent do not mind investing their money in properties to be ready in one year’s time.

In MMR there are several cases that are being fought at the MahaRERA where home buyers have been seeking interest on their payment made to the developer or seeking a refund of the money they paid to the developer mostly because of delayed possession.

The sruvey points out that in MMR 66 per cent home buyers surveyed stated that they want to buy property for end use while only 34 per cent are looking at their purchase as an investment. Also, 43 per cent intend to buy property in suburban areas.