Find Your Dream Property in Your Preferred City

Introduction

Wakad, which is one of the most rapidly developing real estate locations in Pune, has emerged as a top destination for IT professionals, families, and investors. Owing to its strategic location just off Hinjewadi IT Park, superior connectivity, and planned metro extension, demand for ready-to-move flats and under-construction projects in Wakad is continuously increasing.

But what's the million-dollar question here – should you go for a ready-to-move flat or should you invest in an under-construction project? Let's analyze.

What Are Ready-to-Move Projects?

Ready-to-move (RTM) is a property where the construction process is over and the buyers can shift immediately upon registration and paperwork.

Benefits of Ready-to-Move Homes in Wakad

• Possession immediately – no waiting time.

• No chance of project delay.

• You only pay the sale price (no GST for completed projects).

• Easy to check quality, layout, and facilities.

• Rental returns begin immediately.

Who should opt for this?

End-users, working professionals, and investors seeking immediate rental returns in Wakad tend to choose RTM flats.

What Are Under-Construction Projects?

Under-construction properties are those which are still in the construction phase. The buyers pay at different stages until the possession is delivered.

Benefits of Under-Construction Homes in Wakad

• Priced lower than ready projects.

• Builders' flexible payment schemes.

• High appreciation value as the area grows.

• Preferred layouts or interior customizations can usually be selected by buyers or achieved.

Who should opt for this?

Young professionals, long-term investors, or budget-conscious buyers who can afford to wait for possession.

Advantages and Disadvantages of Ready-to-Move Projects

Advantages:

• Upgrade to lifestyle instantly.

• No question about construction quality.

• Better suited for rental income generators.

Disadvantages:

• More initial cost.

• Fewer options regarding design and layout.

Advantages and Disadvantages of Under-Construction Projects

Advantages:

• Pricing appeal.

• Higher appreciation potential.

• Flexible payment through installments.

Disadvantages:

• Project delay risk.

• GST charged.

• No use or rental income in the immediate sense.

Current Real Estate Trends in Wakad

• Demand from IT professionals for ready-to-move flats in Wakad is high because of job proximity.

• Under-construction projects are drawing investors who seek to avail themselves of future growth like the Pune Metro and Ring Road project.

• Wakad has been consistently appreciating in price owing to robust infrastructure development.

Homebuyers' Tips for Wakad

• Always check the builder's RERA registration.

• Compare location, amenities, and connectivity before making a decision.

• If searching for instant living or rental income, choose ready-to-move.

• If affordable prices and appreciation are more important, choose under-construction projects.

Conclusion

Both under-construction and ready-to-move properties in Wakad have their own pros. If you desire trouble-free possession and immediate returns, a ready-to-move property is the best. But if you are willing to wait for future benefits at lesser entry price, under-construction projects are the better option.

Finally, the choice relies on your investment objectives, lifestyle requirements, and financial resources. For professional advice in searching for the ideal Wakad property, contact Propline – your preferred real estate advisor in Pune.