With home loan rates hovering around 8.5-9.5% and property prices at all-time high levels, homebuyers must be reassessing whether to invest in under-construction or ready-to-move (RTM) properties. Real estate experts say the decision now hinges less on the quoted price and more on the total cost of ownership (TCO) — factoring in EMIs, rent, GST, and tax benefits.

“Buyers must look beyond the base price and evaluate the total cost of ownership, which includes pre-EMI interest, rent paid during construction, GST, maintenance, and registration costs,” said Abhishek Raj, Founder & CEO, Jenika Ventures.

“Even though ready-to-move homes have a higher upfront cost, they can be 6-10% cheaper in effective ownership once these components are accounted for.”

According to Sahil Verma, COO, Shray Pr

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