Choosing between under construction and ready to move in flats

Choosing between under construction and ready to move in flats

If you are looking to buy a new apartment, then it is important to know that there are many factors that can influence your decision. One of the most important factors that should influence your home buying decision is - your requirements and budget. Under construction & ready-to-move-in – both have their own pros and cons.

In case you have chosen to purchase an under construction flat, then it will be difficult for you to move into your new home without any delays or issues occurring during construction phase itself. If you are in a hurry to move in to your new home, under construction flats are not for you. In other hand, ready-to-move-in flats are more expensive than under construction ones. If you are on a tight budget, it will not be suitable for you.

Primarc is one of the most reputed developers in Kolkata offering residential as well as commercial buildings with high-end amenities and facilities. We are offering both under-construction and ready-to-move-in properties in prime locations. Here are a few factors to help you decide which will be more suitable to you.

Investment appreciation

The state of the market is a major factor in deciding between under construction and ready to move in flats. You should be aware of current market conditions, as they can give you an idea about what's going to happen in the future. If you are buying a property for investment purpose, under-construction properties are always a better option since they are likely to cost less than ready-to-move-in properties. The appreciation is expected to be higher when you are buying property at a lower cost.

Reputation of the builder

This is particularly important while buying an under construction property. Check the builder's reviews and ratings, track record, financials record and project delivery time. Look at their social media presence to get a brief idea about the brand communication and customer impressions. Check how they handle complaints and how promptly they take action on them. Also check their quality certifications from independent bodies that will reflect how genuine they are as a builder. Primarc is one of the reputed developers in Kolkata garnered with many accolades that shows the reliability and quality service we are providing since 1997. This is important for buying both under construction and ready-to-move-in flats to get the handover of the property smoothly.

Risk involved:

The biggest risk involved while buying an under construction property is delay in possession. The fixed timeline of delivery is often delayed over court cases over land, environment or funding issues. Shelling out both EMIs and rent simultaneously every month for an indefinite period of time becomes a pain for a homebuyer. In that case, ready-to-move-in properties offer hassle-free living with immediate effect.

Tax benefits:

You can claim immediate tax benefits on your home loan while buying a ready-to-move-in property under Section 80C. Also, no GST is applicable for completed projects. However, you can only start claiming tax benefits once the construction is complete and you get the possession. In that case, buying an under construction property will not give you advantage.

Get what you see:

Under-constructions properties are sold on papers. There might be discrepancies in the final outcome. The advantage is under-construction properties can be customized as per your needs which is not possible for ready-to-buy properties. However, for ready-to-move-in properties you can verify the quality of construction before investing. You have a clear idea of the quality, facilities and amenities you are getting.


To sum up, you can choose the best option for your needs and budget. Some people feel that under construction flats are a good deal as they are cheaper than ready to move in flat and you will get a chance to look around before purchasing. However, if you want to come home straightaway then go for ready to move in flats because they may be more expensive but once completed it will save money on maintenance costs.

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