Under-Construction vs Ready-to-Move: options in 2025?
Under-Construction vs Ready-to-Move: Which One Should You Buy in 2025?
Table Of Contents
In 2025, one of the most important choices that homebuyers and investors will have to make is whether to buy a property that is still being built or one that is already finished. Both have their own pros and cons, which are affected by changing market trends, rules, and buyer preferences. This complete guide will help you make a smart choice based on facts, current data, and expert opinions.
The Landscape in 2025: Key Market Trends
Residential Real Estate Overview
Rising Prices: Home prices in major Indian cities are projected to increase by approximately 6.5% in 2025, outpacing general inflation but growing at a slower rate compared to prior years.
Demand Patterns: The gap in buyer preferences between ready-to-move (RTM) and under-construction properties has narrowed, with nearly equal demand for both segments.
Affordability Crisis: The cost of homeownership continues to edge upward, pressuring middle-income buyers to weigh their options carefully.
A ready-to-move (RTM) property is fully constructed and available for immediate possession. Buyers can inspect the actual unit, verify construction quality, and move in without delay. These properties are usually located in established neighborhoods with developed infrastructure.
What Is an Under-Construction Property?
Under-construction properties are still in the building phase. Buyers commit to purchasing these before completion and receive possession after a set timeline, typically between 12 to 36 months. These homes often come with flexible payment options and greater possibilities for customization.
Pros and Cons: Under-Construction Properties
Advantages
Lower Entry Cost: Relatively affordable, priced 10–30% less than RTM properties.
Flexible Payment Structure: Pay in installments linked to construction milestones, easing financial burden.
Disadvantages
Project Delays: Despite regulatory safeguards (e.g., RERA), delays are common due to approval or financial issues.
Pros and Cons: Ready-to-Move Properties
Advantages
Instant Possession: Move in as soon as you complete the purchase, avoiding rental expenses.
No Construction Risk: Eliminate delays, uncertainty regarding quality, and market volatility.
Disadvantages
Higher Price Point: RTM homes cost 10–30% more than under-construction properties.
Full Payment Upfront: Requires sizable down payment and quick financing.
Decision in 2025
Price Growth and Appreciation
2024: Top seven Indian cities saw an average price increase of 21% due to pent-up demand and inventory shortage.
Demand Shift
Nearly Equal Preference: FICCI–ANAROCK’s 2023 survey found buyer preference for RTM vs under-construction is now 23:24—very balanced.
Government and Regulatory Impact
RERA: The Real Estate (Regulation and Development) Act continues to protect buyers of under-construction properties, but enforcement varies by region.
Lifestyle Factors & Buyer Profiles
Decision Factors: What Should You Consider?
1. Financial Position
Can you afford a higher upfront cost (RTM) or do you prefer phased payments (under-construction)?
Account for GST, EMIs, rent, and any hidden costs.
2. Purpose of Buying
Buying for self-use? RTM is safer if you want to move in right away or avoid delays.
3. Risk Appetite
Can you manage the anxiety of delays or changes in the project? If not, choose RTM for peace of mind.
4. Customization Needs
Do you want to select bathroom fittings, tiles, or layout? Only feasible with under-construction properties.
5. Location Evaluation
Under-construction homes are often in developing areas with greater appreciation potential.
6. Developer Reputation
For under-construction, always verify the builder’s track record.
Opt for RERA-compliant, reputed developers with a history of timely delivery.
Checklist for Buyers
Before you make your final decision:
For Under-Construction Properties
Check RERA certification and legal approvals
Investigate builder/developer reputation
For Ready-to-Move Properties
Inspect the unit personally
Check occupancy certificate and all ownership/legal documents
Conclusion: Which One Should You Buy in 2025?
Properties that are still being built and those that are ready to move into have their own pros and cons and meet different buyer needs. Under-construction properties may be a better long-term investment if you can wait, want to make as many changes as possible, and are okay with some risk. A ready-to-move property is the safer choice if you want peace of mind, no chance of project delays, and the ability to use it right away.
Before you buy a property, always talk to a lawyer and a financial advisor. You need to do your homework before making any real estate decisions that are right for you and the market at the time.
