Green Earth Real Estate

Which Property Should you Buy? Under-construction vs Ready-To-Move-In

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A question that troubles most is whether they should invest in a property that’s under construction, or ready-to-move-in? With the growing housing demand, we’ll help you list out the pros and cons of the two options. 

Determining your budget is an essential step of this process. You must comprehend the cost implications of the varying construction phases as this impacts your finances extensively. 

The reason why you’re purchasing a particular residential/commercial property will help you consider choosing between an under-construction or ready-to-move-in property. Ultimately, it’s up to you if you want to use it for future investment purposes, rental prospects, or call it home.

The housing market is a key ingredient needed to stabilize any modern economy, as it’s capable of changing the economic landscape of the country. Concurrently, Pakistan’s growing real estate market is the much-need push in the development of world-class infrastructures. This is why more and more overseas residents look into real estate for long-term and short-term investment opportunities.

Factors to take into account when deciding between Under-construction vs ready-to-move-in property?

Before you sign on the dotted line, experts suggest that you take an interest in ensuring that the developer has all the right approvals. Ask questions like “is the property registered?” or “have the developmental plans changed”. A good Developer with a glittering portfolio will have the credibility to deliver your projects as projected. However, an imminent risk is a delay in obtaining possession. A property that is under construction may be on the pricier side, all because of the expenses that tag along with development charges.

On the other hand, ready-to-move-in projects shouldn’t have any financial liability or any pending approvals in the queue. As per the contract, the amenities listed should be fully functional and delivered as promised. And cross-check repair costs if applicable, as well as a detailed overview of utility costs.

Most often under-construction, properties are located on the outskirts of the city. From the price appreciation angle, it may be a good outcome in the future. But this might not be accurate for every situation. It’s a must that you look at the future projection of the location surrounding your property. What’s also a plus about properties that are under construction are their attractive Payment Plans and subvention schemes.

Under-construction projects

As an investor, it’s tactical to invest in a project at a low selling price that has a profitable potential. Simultaneously with the progress of the project, developers now have the power to attract buyers at rivaling prices. Because with the evolving project construction, both the demand and price tend to increase. Generally, an investor finds it lucrative to invest during the early development stages. Although at the pre-launch stage developers are in the process of obtaining approvals, therefore investing without a thorough background check can be quite risky.

Ready-to-move-in projects

For the folks living on rent, this pandemic has been a true test, and we understand that managing EMI and rental outgo has been a real challenge. Slap on top of the delay in property handouts and you’ve got yourself in a real pickle. Therefore, we’d advise you to opt for ready-to-move-in properties instead of those under construction.

A ready-to-move-in property lets you evaluate construction and infrastructure quality firsthand. Likewise, you have ample time to get a feel of the property and compare it to your other options side by side.

The cost factor

Under-construction: Naturally, if the construction on the property is underway, then it will be priced a little higher. Although a good thing is that at this point, you’ll be able to pick a unit of your preference.

 Ready-to-move-in: These types of investments are on the hefty side, for obvious reasons. Look at it this way — Immediate move-in option saving you plenty on rentals.

Pre-launch: This is the most affordable gateway. During this time, developers are collecting money from investors by selling a maximum number of units. In terms of cost, pre-launch properties usually offer the lowest entry-point. The low selling price usually comes with great incentives and discounts at this particular stage.

From the cost vantage, the pre-launch properties are priced lower—the waiting game is quite lengthy. Which, in the long run, can weigh heavily on your finances if you take EMIs and rentals into account.

 Four basic pointers

  1. Calculate your total purchasing budget at go scour out property listings that align with your financial goals. 
  2. Keep yourself well-informed of the property’s feasibility and quality.
  3. The location should meet your commute requirements.
  4. It’s your job as an investor to check online for reviews on the project and developer credibility. 


 It Is no secret that ready-to-move-in projects remain a costlier choice for most. Because developers come with a pool of incentives, payment schemes, attractive layouts, and ample parking spaces if you choose to sway this route. And also factor in a well-connected location that can lead to great rental income and uphold the value.

 For some, buying an under-construction property makes sense from an investment perspective. In essence, if a buyer is spending a good sum of their earnings on a property equally, the profit should be that much more rewarding. He/she should look back at this investment as an asset that will be lucrative even if they end up selling it.

 In a nutshell, your financial requirements and situation play a large part in the property charade. So we highly recommend that you factor in all the pros and cons, then proceed to go with the option that best suits your investment wallet.

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Best Properties in Islamabad

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