Top Advantages Of Investing In Under-Construction Projects In Pune

6 min read

Having a home is a top priority for most middle-class families. A typical Indian mid-income family prefer affordable apartments to luxury villas. Given India’s rapidly growing real estate industry, several top-tier cities are embracing the concept of affordable and smart housing. 

Pune is one such city that comes with a robust economy and a commendable property market. With the announcement of world-class residential projects by top developers, Pune is stormed with spectacular real estate developments.

As the city is making remarkable headlines in the realty industry of Maharashtra, there is an ocean of under-construction apartments or ready-to-move-in homes to invest in.

But what exactly is an under-construction apartment? Well, an under-construction apartment is a property that has not been built completely yet but is still available for purchase.

Why is investing in that property type worth a shot? We’ll understand the benefits of putting a stake in an under-construction property. Also, we’ll check out the top under-construction Pune properties blooming in its regional real estate market.

Read on to know more!

Benefits of Buying an Under-Construction Apartment

The Savings Factor

Buying an under-construction property will help you save money if you’re not in a rush to move into a new home. This is primarily because of the offers provided by the developer during the launch phase. Moreover, you can also enjoy early-bird or pre-launch discounts along with other interesting benefits.

All these, along with the factor of appreciation, will almost guarantee that you could save a significant amount – up to 10-30% – when buying an under-construction property. Thus, if you are going to purchase a house or enter the property market as an investor, it is cost-effective to put money into an unfinished construction apartment.

Flexible Payment Plan

At the time of purchasing a ready-to-move property, you have to pay in one lump sum amount. Nevertheless, an under-construction apartment brings a lot of flexibility in terms of payments. If you are a buyer, it would be better to pay in advance and secure your home. The rest of the sum can be paid in stages as construction continues.

The staggered payment arrangement is another aspect you should take into consideration, which will help you make your home ownership more accessible and with not much money at stake. Secondly, even if you take up a home loan, it is almost certainly way lower than the actual amount.

Customisation and Personalisation

Your home is an expression of your personality. As such, in theory, it should address your sense of aesthetics. You have to buy a ready-to-move home only with the sizes and measurements that are marked there. Additionally, you do not have any say in changing its layout or interior designs, even if you’re willing to pay a premium price.

In contrast, an under-construction apartment gives you a chance to give your dream home colours of customisation and personalisation. It allows you to select finishes, fittings and other customisation options. Thus, you have a home that is customised to your and your family’s tastes.

Appreciation and Growth

Choosing an under-construction property has undeniable potential not just for the growth of its value but also for appreciation. Once the launch is announced, the project will generally take 2 to 5 years to complete. By this time, the surroundings will undergo significant physical and infrastructural changes.

Obviously, being an early investor, you can enjoy all advantages since yielded assets will increase enormously along with time.

Trending Amenities and Advanced Technology

Technology reshapes the definition of our world every day. However, with new technologies being developed every moment, we can notice newer trends and features in the real estate sector. By choosing a plug-and-play property, you receive facilities and amenities that are in trend.

But when you opt to select under-construction flats, you will be waiting for cutting-edge technologies. Although smart home systems, energy-efficient designs, and sophisticated security protocols are presently used today in building construction, they keep on changing with the times. In an ideal case, you must choose a home that is being developed, where you can expect a new era of technologies that will enhance your overall living standard.

Legality and Validity

When purchasing a home, once you finalise the developer and location, it is very crucial to check its legality as it impacts the property you want to acquire. How does an under-construction apartment guarantee the legality of its titles? Another simple answer would be RERA – the Real Estate Regulatory Act. As per the RERA mandate, if the property has obtained an occupancy certificate by May 1, 2017, it must be registered under their respective state-wise RERAs.

Moreover, registration with RERA is compulsory to get essential approvals from the government. Therefore, you can be assured that a pending undertaking is legal. In addition, you can also verify the contents of projects in terms of their legality with your local regional RERA.

Tax Benefits

Purchasing an under-construction apartment comes with a number of benefits. However, does any tax incentive accompany your choice to purchase an under-construction property? Yes, indeed. According to Section 24 B of the Income Tax Act 1961, 2 lakh can be waived off each year in the case of an under-construction apartment.

The interest rate on the house loan might also be lowered by the same amount. An additional Rs. 1.5 lakh is waived under Section 80 C of the Income Tax Act, which can be subtracted from the principal amount of the home loan. According to Section 80EE of the Income Tax Act of 1961, an additional Rs. 50,000 may be deducted, provided the limit established under Section 24 B has been met.

Top Under-Construction Projects in Pune

Majestique Rhythm County

The residential-cum-commercial property in Pune comes with an amazing opportunity to explore a harmonious symphony. The project boasts noteworthy designs and state-of-the-art architecture, making your lifestyle worth remembering. The project features 2 and 3 BHK flats in Pune new construction in the budget-friendly range.

Kohinoor Kaleido

A marvellous residential project in Pune, Kohinoor Kaleido is among the most luxurious projects by Kohinoor Group. Kohinoor Kaleido in New Kharadi features spacious 2 BHK and 3 BHK flats with extravagant conveniences at the most convenient price range. This project will bring you to an abode that will just blow your mind away.

Kolte Patil EQUA

Give a cheerful definition to your gloomy lifestyle with Kolte Patil EQUA Pune. The project features vastu-compliant homes, a spacious lobby on every floor, minimum dead spaces and fewer thoughtfully planned apartments per floor. It lets you experience a magnificent sunrise, an amber sunset, and the softening tranquillity of a glistening night.



Real estate investment is one of the best ways to get rich. The best and most economical approach to invest in real estate is to select properties that are still under construction. Purchasing an under-construction property has several advantages, such as lower costs—up to 30% when compared to a completed project—tax advantages, and—above all—the potential for significant appreciation. Therefore, buying an underdeveloped property can be a wise decision.

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