Aditi; thanks for the info about the 2 projects. However, considering I am specifically looking at 1bhk only; can I expect a rent of 4-5k for 500-600 sq ft flat ?? Because if possible then that coupled with a minimum 8-10 % annualised property price appreciation is an acceptable deal for investment in a fixed asset.
Also, I am being offered a 550 sq-ft, ready posession, resale flat at Dreams Estate (handewadi road) for 12 lakhs (all inclusive). Does that sound appealing ??
tsongt; thanks for the advice. The possession date is June 10 and total price is 13 lakhs. Btw, do you really think that prices will reduce, especially with Diwali coming ?? By when do you think will the prices in Pune correct deeply ??
Even though, Personally, repenting for losing out on the opprtunity in hand would hurt me more, than the joy I would get by saving some money in the future (which is not even guaranteed); I can still wait for a beter time ..
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