Buying a home is a big decision that needs careful planning and research. There are so many options out there, and it can be hard to know which one is right for you. One thing people often debate is whether to buy a ready-to-move-in apartment or one that's still being built. Both choices have their advantages and disadvantages, so let's take a closer look at each to help you make the best decision for your needs.

Ready to Move in Apartments

A ready-to-move-in apartment is one that's already built and ready for you to live in. If you have all the money you need upfront, this could be the way to go.

Advantages of Buying Ready-to-Move-in Apartments:

1. Check it out: You can physically see the whole property before you buy it. This gives you a clear idea of what the living space is like, instead of just relying on pictures or plans.

2. Move in right away: As the name suggests, you can move in as soon as you complete the paperwork. There's no waiting around for construction to finish.

3. Know what you're getting: You can see all the amenities in person and make sure they meet your needs.

4. Easy loan approval: It's usually easier to get a loan for a fully constructed apartment compared to one that's still being built.



1. Limited customization: There might not be as much flexibility to customize the apartment to your liking compared to one that's still under construction.

2. Less room for negotiation: The price is usually fixed for ready-to-move-in apartments, so there may be less opportunity to negotiate.

3. Value may not appreciate: The value of the property might not increase over time, so you might not make much profit if you decide to sell it later.

4. Higher cost: Ready-to-move-in apartments tend to be more expensive than ones that are still being built.

Ongoing Construction Projects

An ongoing construction project is a property that's not yet finished but is available for purchase.

Advantages of Buying An Apartment in Ongoing Project:

1. Lower price: These properties often cost less because they're still being built. Developers may offer discounts or incentives to attract buyers.

2. Personalization: You can suggest changes to customize the property according to your preferences.

3. Newer home: Buying a property that's under construction means you'll get a newer home with modern amenities.

4. Investment potential: Investing early in a project can lead to significant returns as the property appreciates in value.



1. High risk: There's a risk that the construction might not finish on time or as planned, which could cause delays or other issues.

2. Tax implications: Tax benefits for properties under construction are different from ready-to-move-in properties.

3. Design discrepancies: There's a chance you might not get what was promised, leading to dissatisfaction.

4. GST impact: There's a 5% tax on properties under construction, which can add up.


Factors to Consider:

•    Set your budget: Determine how much you can afford and how your choice will impact your financial goals.

•    Consider the timeline: Do you want to move in right away, or are you willing to wait for construction to finish?

•    Personal preferences: Think about how much customization you want and what amenities are important to you.

•    Market conditions: Research the real estate market in your desired location to understand demand and pricing trends.


In conclusion, choosing between a ready-to-move-in apartment and one that's still being built depends on your priorities and preferences. Weighing the pros and cons carefully will help you make the right decision for your needs. At Confident Group, we understand that everyone has their own vision for their dream home, and we're here to help make that vision a reality.