Investment
Hi,
property is a very illiquid investment with avg returns of 15 % that also only due to the huge run up recently.( 2003-2008)
Consider the investment money i.e seed capital and the return u get
Ex 40 lk flat gets u hardly 10 k rentals that is a return of 3%. it will not even pay the interest on ur loan. This is unlike western story.
Now consider the same seed capital in FD, Stock mkt . c the light. Satyam saga was one off exception.
If u want to diversify,then consider land better than flat.
Beautiful comments r avble in chennai/real estate discussion threads on PROS and CONS of property investments versus other evenues.
|