Check if the under-construction property is RERA-registered. Ask for the Commencement Certificate, sanctioned plans, and land title documents. Always verify the builder’s track record and check for pending litigation.
By Admin | 
If you're buying a home in 2025, you're not just picking a place to live; you're making one of the biggest financial and lifestyle decisions of your life. And with the real estate market evolving rapidly, especially in emerging hotspots like Pimpri Chinchwad, it's important to get this right.
Should you go for a home that's already built and ready for possession, or invest in one that's still being constructed? The ready-to-move vs under construction debate continues to divide buyers. Each option has its benefits, risks, and long-term implications on your finances and peace of mind. In this blog, we break it down simply and thoroughly to help you decide what's right for you.
These are completed homes that are ready for immediate possession. You can see the final product, check the layout and quality in real life, and move in as soon as legal formalities are done. For many, the biggest attraction of ready-to-move in flats is the certainty, no surprises, no construction noise, and no delays.
As the name suggests, these are homes still being built. These may take months or even years to complete. However, many buyers are drawn to under construction flats due to lower prices, payment flexibility, and the potential for long-term value appreciation. A search for a perfect apartment can offer several budget-friendly options, especially in rapidly growing areas.
| Criteria | Ready-to-Move Flats | Under-Construction Flats |
|---|---|---|
| Possession Time | Immediate | 1 to 3 years (varies) |
| GST | No GST on ready homes | GST on under-construction property (5%) |
| Price | Generally higher | Often lower entry cost |
| Customisation | Limited | Flexible in early construction stages |
| Risks | Minimal (project is completed) | Construction delays, approval issues are possible |
| Tax Benefits | Not applicable post-possession | Tax benefits for under-construction property under 80C and 24(b) |
| Legal Due Diligence | Easier to verify | Must check for all legal clearances for flats |
Ready-to-move in flats are ideal for buyers who want certainty and speed. These homes eliminate guesswork, you can see the actual unit, evaluate ventilation, sunlight, space usage, and neighbourhood vibe before making the payment.
Another huge advantage is cost transparency. Since there's no GST on ready homes, you save a significant 5% in taxes compared to under construction flats. They're also perfect if you want to start living in or renting out the property immediately, which makes them a popular choice for both homeowners and real estate investing.
There's also peace of mind in knowing that most approvals and completion certificates are already in place, reducing your legal risks.
Despite the wait, under construction flats in Pune remain in high demand and for good reason. They're usually more affordable, especially when purchased early in the development cycle. Payment is made in phases, which means your financial burden is spread over time.
Another major benefit is customisation. Buyers often have the option to tweak layouts, choose tiles, fittings, and finishes, something that's not possible in a finished home. This makes under construction flats a good choice for those who want to tailor their home to their lifestyle.
And if you're a long-term investor, properties bought early in construction often appreciate more by the time they're completed, especially in fast-growing micro-markets like Moshi, Punawale, and Pimpri Chinchwad.
But the benefits come with caveats. One of the biggest concerns is possession delay, despite RERA regulations, delays due to labour shortages, legal disputes, or raw material price hikes are still common.
There's also the risk of project non-completion, especially if you choose an unknown or unreliable builder. This is why it's critical to research real estate developers in Pune before investing.
Buyers must also watch out for missing legal clearances for flats, incomplete documentation, or changes in the project layout, all of which can cause financial and emotional stress.
From a legal and taxation perspective, the type of property you choose has implications.
There's no definitive winner; it all depends on your goals.
Choose ready-to-move in flats if:
Choose under construction flats if:
Ultimately, it comes down to your lifestyle needs, investment horizon, and how much risk you're comfortable taking.
Whether you're leaning towards the clarity of ready-to-Which is Better – Under-Construction or Ready-to-Move Flats?
in flats or the long-term potential of under construction flats in Pune, it’s essential to partner with a trusted developer.
At Pharande Spaces, we offer both types of properties across Pune's most promising localities. From beautifully planned 2 BHK flat in Spine Road Moshi to township living at L-axis, our projects combine quality, connectivity, and investment value. With strong legal credentials, timely delivery, and future-ready design, we help you make a confident real estate investment in 2025.
Still deciding between ready-to-move vs under construction? Visit a Pharande Spaces site today and see what works best for you.
Check if the under-construction property is RERA-registered. Ask for the Commencement Certificate, sanctioned plans, and land title documents. Always verify the builder’s track record and check for pending litigation.
Yes, under-construction property often comes at a lower price, offers payment flexibility, and has strong appreciation potential, especially if bought early in a developing location.
You can claim the tax benefit for under under-construction property under Sections 80C and 24(b), which covers principal and interest paid during the construction phase.
Yes, investing in an under-construction property can help you save capital gain tax if reinvested within the allowed time under Section 54 of the Income Tax Act.
The GST on under-construction property is 5% (without input credit), while the GST on ready-to-move-in property is 0%, making ready homes more cost-effective in terms of taxes.
The key difference between an under-construction property and a ready-to-move-in property is possession time and risk. The former has a wait time and a lower price, the latter offers immediate move-in with no GST.
Both can consider an under-construction home. Investors benefit from early-stage pricing and appreciation, while end users enjoy phased payments and customisation.
The stamp duty on under-construction property and ready-to-move-in homes is usually the same, though state-wise variations may apply. Always check local regulations.
Before buying a ready-to-move-in property, check documents like the Occupancy Certificate, Completion Certificate, Title Deed, and RERA registration to ensure legal safety.
By Admin