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Old 12-03-10   #19
hitmady is offline hitmady
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Quote:
Originally Posted by jiahome View Post
I too believe the price is on the higher side. In best case scenario, I expect an 8% to 10% appreciation per annum.
If you are buying it for investment I think you should look elsewhere.
If you work anywhere in western suburbs and you are currently renting, dive in. In 5 years I think you may only be happy with this purchase.
Appreciation!!! Rates have gone too much from 1500-6000 in last 6 years compared to ground realities.
I see correction by 20% by 1/2 year (economy still on stimulus with high-interest).

Although I am from Borivali(e), given choice between Dahisar HW and Thane, I would buy at Thane, Ghodbunder road which has good-road and less polluted/noisy. Besides it is also close to New Mumbai.

Last edited by hitmady; 12-03-10 at 08:28 AM.
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