Under-Construction vs Ready Property
Enter both options to see which really costs less — GST, rent during wait, and price all counted.
Runs entirely in your browser — your numbers never leave this page.
How it works
The sticker price lies — true cost decides:
- GST: 5% on under-construction (1% affordable housing), zero on ready-to-move. On Rs 1cr, that's Rs 5L.
- Rent during wait: 24 months × Rs 25k = Rs 6L of pure cost while you wait.
- Price gap: under-construction is usually 10–15% cheaper per sq ft — the question is whether it survives GST + rent.
- Delay risk: RERA helped, but delays still happen — each delayed month is rent + pre-EMI with no home.
- What you see: ready means inspecting the actual flat, floor, light, and neighbors. No imagination required.
- Payment plans: under-construction's staged payments (10:90, CLP) ease cash flow vs ready's lump sum.
Frequently asked questions
Is GST charged on ready-to-move flats?
No — GST applies only to under-construction properties (5%, or 1% for affordable housing).
How much is GST on under-construction?
5% of the agreement value (1% for affordable housing as defined). No input tax credit for buyers.
Which is cheaper overall?
Run the numbers — ready's GST saving plus zero waiting-rent often beats under-construction's lower sticker price.
What about price appreciation during construction?
Real — you lock today's price. But it's speculation, not a discount; weigh it against delay risk.
Are payment plans better for under-construction?
Yes — construction-linked plans spread outflow over years vs ready's near-full upfront payment.
What is the delay risk?
Lower post-RERA, but real. Every delayed month costs rent plus any pre-EMI — with no home to show.
Can I get a home loan for both?
Yes — but under-construction disbursement is staged, and pre-EMI (interest-only) applies till possession.
Which has better resale?
Ready homes in established societies usually resell easier — buyers see the exact product and community.
What should I verify for under-construction?
RERA registration, title, approvals, builder track record of on-time delivery — in that order.
Does stamp duty differ?
No — stamp duty and registration apply equally to both, on the agreement value.