Quote:
Originally Posted by deepa
hi
I bought a house New Kuberan Nagar Madipakkam ;41L IN 2007
Land - 2250
Construction - 700 sqft -8 yrs before from the time of buying
800 sqft 1.5 before from the time of buying
Madipakkam i believe is not appreciating much these days
At the time of buying there were luxury/deluxe flats in the city/even in
Velachery 30 -35L
But now such flats are costing 60 -75L
And i feel madipakkam is a bit far to go & live
When i was trying to buy I was told that the life of Flat is not for a long duration. Even in the flat i was living 22 yrs old they used to give water 15 mins twice a day So i was not comfortable to buy at that time. Probably these flats with modular kitchen and continuous supply of gas , etc will be good even for 100 yrs
Is it good to sell the house now and buy a flat But am unable to imagine where from i will pump in money Also the party should be willing to pay up the loan running in the bank
Pls suggest
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This is not the right time to sell as it may fetch lower prices. Madipakkam is not a bad place to live and will definitely go up in the next couple of years.
Better to hold on to your property.
ks2071746