Quote:
Originally Posted by RAJESHP
NOT ME. For simple reason, I dont have that much money. I believe 2BHK has to be atleast 1200Sq feet else you wont have space to move around in your own bedroom after putting bed and wardrobes. So cost of 2BHK with 5k+/sq ft for 1200Sq feet would be almost 70L. I dont see any reason why would I buy a 800-900Sq feet 2BHK because /sq feet rate is more.
I would rather rent it cheap. Considering cost of owning, rent is almost free  |
70L will yeild you 7L/annum with ease (10%/annum), which means INR 58333/month. Even after cutting the 30% tax, it would mean INR 40834/month. With this money, why Samrajya, I can rent a good 3BR at Boat Club Road, yet have this money safe which would have otherwise gone in builders' pocket.
Now, how many of you would buy for INR 4000/sq ft?