akazi

Investment in real estate is not always profitable. It depends on various factors like when u have purchased a property, when u sold it, location, etc.

But one thing is sure that its a best option for long term investors like for 10 years or longer.

I have seen prices increases in just one year from Rs 2550 per sq. ft to Rs 4500 per sq. ft in areas like Malwani, Malad (W), Mumbai. So in my opinion it a best option to invest in properties.

However, having read in this forum about real estate prices are cooling off and the prices have dropped or will soon gradually see a slow down, which may be correct.

But then again, has the prices really cooled off on the ground? Are there plently of supply of flats in Mumbai? All these factors should be surveyed and then concluded for making a investment in this sector.

Thanks for reading,