Should I make a switch if I'm getting a title change and 25% hike in the next company?

Hi folks,

So, I am working in a product company as an SDE 1 with 2YOE (2022 grad) in Bangalore with mostly proprietary tech and my fixed pay is 13.5LPA. I joined my current company in November last year. The work here was good but now the team is being moved to a new project which is more like consulting and working on the customer project migrations. Now, I've got an offer from an HR TECH COMPANY in Noida as a Senior Software Engineer and the hike on fixed is 25%.

I wanted your advice on whether I should make the switch? The Glassdoor reviews are bad in terms of job stability there but I asked one of my friend's connection and they said the situation is not bad now, the work on the other hand is based on Java & Spring Boot which has my interest. The job stability in my current company is good and the benefits apart from pay is also good here.

Increments will happen in October, I’m not expecting a promotion this time but I’m expecting a 15-20% increment.

Please give your suggestions