Buying · 08 Apr 2026 · 7 min read
A pricing-and-risk comparison between under-construction and ready-possession property in Pune, with rules of thumb for each profile.
Quick answer
Under-construction property in Pune is typically 8–15% cheaper than a comparable ready-to-move flat in the same project, but carries handover risk and 5% (premium) or 1% (affordable) GST. Ready-to-move with Occupancy Certificate is GST-free, lower-risk, but priced at full market.
Pricing gap
In Pune corridors with strong demand — Hinjewadi, Kharadi, Baner — the gap can be 12–15% on early-stage launches. In slower corridors, 6–9%. Always compare against the same-floor, same-tower unit type in the same project; cross-project comparisons inflate the gap.
Risk inventory
Under-construction risk = handover slippage (Pune average 9–14 months past the RERA-committed date in 2025), specification dilution at finishing, and amenity downgrade. Ready-to-move risk = paying full market price + missing the upside of the construction window.
GST mathematics
On a ₹1 Cr premium home, 5% GST = ₹5L extra paid on under-construction. Ready-to-move with OC pays no GST. So the headline 12% discount drops to 7% after GST. Run our value calculator on the specific project before deciding.
Who should buy under-construction
Investors with 4+ year horizons, end-users with a 24-month flexible move-in, and anyone needing payment staged across construction. Skip if you need to move in within 12 months or cannot tolerate a 6–12 month slip.
Who should buy ready-to-move
First-home families who need certainty, NRIs who want to inspect before final payment, retirees, and anyone with rented accommodation expiring soon.