Search for ready-to-move flats in Kestopur and you will find long lists of listings, but few of them explain what “ready to move” means for your budget. The biggest difference is GST. This guide explains how it works, what you could save, which Krishna Group projects in Kestopur are ready to move, and what to check before you book. To see how this plays out in Kestopur and in Panihati, read ready or under construction: flats in Kestopur and flats in Panihati.
See prices, availability and photos for all flats in Kestopur on one page.
What does “ready to move” actually mean?
A ready-to-move flat is a completed home that you can inspect, buy and move into without waiting for construction. The most important document to look for is the completion certificate (CC), which the local civic authority issues once a building has been completed as per the sanctioned plan.
Not every advertisement that says “ready to move” comes with the paperwork to match, so always ask to see the CC before you pay a booking amount.
GST on flats: the simple rules
GST applies to the construction service a builder provides. It is therefore charged while a building is still under construction, and not on a completed building sold after its completion certificate. The rates currently applied to residential flats are:
| Type of flat | GST | Notes |
|---|---|---|
| Under construction, non-affordable | 5% | No input tax credit for the buyer |
| Under construction, affordable | 1% | Price up to ₹45 lakh and carpet area up to 60 sq m (about 645 sq ft) in metro cities such as Kolkata |
| Ready to move, with a CC issued before the sale | None | The saving that makes ready-to-move flats attractive |
GST rates and conditions are set by the GST Council and can change. Stamp duty and registration charges are separate and apply whichever type of flat you buy (see our stamp duty and registration guide). Please confirm your own case with a chartered accountant.
How much can a ready-to-move flat save you?
Here is what GST would add at different flat prices if the same flat were bought while still under construction, in the non-affordable category:
| Flat price | GST if under construction | GST on a ready-to-move flat with CC |
|---|---|---|
| ₹40 lakh | ₹2,00,000 at 5% (or ₹40,000 at 1% if it qualifies as affordable) | None |
| ₹50 lakh | ₹2,50,000 at 5% | None |
| ₹60 lakh | ₹3,00,000 at 5% | None |
Illustrative arithmetic only. The GST on any actual flat depends on its agreement value, its category and the timing of payments.
A ready-to-move flat may carry a higher headline price than a similar under-construction one, so compare the final amount you will actually pay, not just the quoted rate.
Ready-to-move flats in Kestopur at Krishna Group
These Krishna Group developments in Kestopur are ready to move:
| Project | Locality | Status | Starting prices |
|---|---|---|---|
| Krishna Paradise | Mission Bazar | Ready to move, CC received, no GST | 2 BHK from ₹45 lakh, 3 BHK from ₹50 lakh |
| Krishna Lakeview | Rabindrapally | Ready to move, CC received, no GST | 1 BHK from ₹26 lakh, 2 BHK from ₹37 lakh, 3 BHK from ₹52 lakh |
| Krishna Shivangan | Tarulia | Ready to move, CC received, no GST | 2 BHK from ₹49 lakh, 3 BHK from ₹55 lakh |
| Krishna Kamdhenu | Barowaritala Bus Stand | Ready to move | 1 BHK from ₹29 lakh, 3 BHK from ₹62 lakh |
“Starting price” refers to the lowest-priced available unit, so the flat you want may cost more. Availability changes, so call to confirm current units.
Location matters as much as the tax saving. Krishna Lakeview is about 5 minutes from VIP Road and Salt Lake, Krishna Kamdhenu is about 5 minutes from Salt Lake, and Krishna Paradise is about 5 minutes from Coal Bhavan in New Town. Travel times are approximate and depend on traffic. For the wider picture, read our guide to flats in VIP Road, and for exact distances our Kestopur distance guide. For how ready-to-move apartments compare with new projects and resale, see our guide to apartments for sale in Kestopur by type.
What to check before buying a ready-to-move flat
- The completion certificate. Ask for a copy and check that it covers the building you are buying. Because the GST treatment depends on the CC being issued before the sale, check its date against your agreement and payments, and confirm with your accountant.
- RERA status. Where a project is RERA-registered, check the registration details. Our guide to documents to check before buying a flat in Kolkata shows how to verify a registration.
- Title and approvals. Ask for the ownership documents and sanctioned plan, and have a lawyer review them before you sign or make a substantial payment.
- The flat itself. Visit in person. Look at finishing, fittings, signs of seepage, water supply, power backup, lifts and security. Our flat inspection checklist lists what to check.
- The total cost. Add stamp duty, registration, legal fees, any maintenance deposit and parking to the price. Our guide on 10 mistakes to avoid when investing in Kolkata real estate explains how to build a complete budget.
- Monthly running costs. Ask what the monthly maintenance covers before you commit.
Ready to move vs under construction
| Factor | Ready to move | Under construction |
|---|---|---|
| GST | None with a CC issued before the sale | 5%, or 1% if affordable |
| Possession | Immediate | After completion, and timelines can change |
| Inspection | You see the actual flat | You see plans and a sample flat |
| Headline price | May be higher | May be lower, but GST is added |
| While you wait | Nothing to wait for | You may be paying rent and loan interest at the same time |
For a closer look at buying a completed flat, read our guide to resale vs new flats in Kestopur.
Where to go next
If you are still deciding on size and budget, read about 2 BHK flats in Kestopur, 3 BHK flats in Kestopur and flats in Kolkata within 50 lakhs. To see a ready-to-move flat for yourself, schedule a site visit, or read our FAQ on GST and possession. Once you have chosen a flat, see our 2 BHK flat interior ideas for Kolkata.
Frequently asked questions
Is GST applicable on ready-to-move flats in Kolkata?
No, provided the completion certificate was issued before the sale. GST applies to flats that are still under construction, at 5%, or 1% for qualifying affordable homes. Please confirm your own case with a chartered accountant.
What is the GST on an under-construction flat?
The rate is 5% for a non-affordable flat and 1% for an affordable one, without input tax credit. An affordable flat must be priced up to 45 lakh rupees and have a carpet area of up to 60 square metres in metro cities such as Kolkata.
Do I still pay stamp duty and registration on a flat with no GST?
Yes. GST and stamp duty are different charges. Stamp duty and registration apply when the property is transferred to you, whether the flat is ready to move or under construction.
Which Krishna Group projects in Kestopur are ready to move?
Krishna Paradise, Krishna Lakeview, Krishna Shivangan and Krishna Kamdhenu are ready to move. Paradise, Lakeview and Shivangan also have the completion certificate received and no GST.
How do I check that a flat has a completion certificate?
Ask the developer for a copy of the certificate issued by the local civic authority, check that it covers the building and note its date. Have a lawyer or chartered accountant review it before you pay a booking amount.
See a Krishna Group home in Kestopur
Call +91 91644 89774 or book a site visit to see the flats for yourself.
Krishna Group has been building homes in Kolkata since 1988 and has completed 40+ projects. Our five current developments – Krishna Paradise, Krishna Kamdhenu, Krishna Shivangan, Krishna Lakeview and Krishna Heights – are all in Kestopur.
