SELL OR HOLD Swarn Nagri 288sqm Plot - Indian Real Estate Forum

tpalden · 24-01-12

Hello every body, I am confused at the moment about my property swarn nagri (288sqm). I would very much be interested in your opinion wether I should sell this property or hold it for better return later. Is there any chance of property value to go up in swarn nagri in couple of years or few months in that case??? Any suggestions, opinions and views are highly appreciatted. Thank you.

singhpa · 24-01-12

Hi,
How much rate you get currently for your property? If you hold, definatly get good return. In few month rate may be remain constant due to political uncertianity in UP.

Quote:

Originally Posted by tpalden

Hello every body, I am confused at the moment about my property swarn nagri (288sqm). I would very much be interested in your opinion wether I should sell this property or hold it for better return later. Is there any chance of property value to go up in swarn nagri in couple of years or few months in that case??? Any suggestions, opinions and views are highly appreciatted. Thank you.

Thor_samir · 25-01-12

Don't expect any more appreciation for the next 12 months or so after the recent "run" - when prices increased by around 20% in the last 8-9 months. After that, we may see some appreciation again, but then who knows. Also depends on what is the offer you are getting.
Your call.

suraj0206 · 25-01-12

Quote:

Originally Posted by Thor_samir

Don't expect any more appreciation for the next 12 months or so after the recent "run" - when prices increased by around 20% in the last 8-9 months. After that, we may see some appreciation again, but then who knows. Also depends on what is the offer you are getting.
Your call.

That means buyer can wait for 12 months if prices are going to be stagnant and are not going to appreciate. Even if it appreciates little bit it won't hurt as you won't be paying high rate of interest until you buy cash down. Right?

Thor_samir · 25-01-12

Quote:

Originally Posted by suraj0206

That means buyer can wait for 12 months if prices are going to be stagnant and are not going to appreciate. Even if it appreciates little bit it won't hurt as you won't be paying high rate of interest until you buy cash down. Right?

Yes, that is what is "expected". It may or may not happen but probability is higher that prices will remain stagnant for a while. If we could have predicted everything so precisely, we would all have been millionaires, innit?

Munish Malhautra · 25-01-12

Hold it. it has started to shine already

SarthakMalik · 28-01-12

I'd say hold it for at least 2 year. It must give you the expected appeciation. GN is all set to shine(best is yet to come)...wait for some SEZs to start on EWay and then see how service class starts flooding the GN....

zohaib2012 · 28-01-12

LAND is an asset.....HOLD IT

A very simple way to when ....WHEN TO SELL A PLOT

FOR AN INVESTOR:

FLAT: Its recommended to sell and move on a flat on possession...the flat and project is brand new...no maintenance issues..and even the worst builders have consturctions which look good for at least 2 years....

PLOT: When the sector has at least 70% occupancy...its an indicator that sector is developed. A buyer will come and see a developed sector...many families living....and there will be very few plots available...a buyer will pay premium

Swarn nagri is Top location and no MIG Segment plots.
Very few families live in it.
It will take a couple of years for more familes to move in.

Your plot will reap maximum benefits...in next 5-6 years

vatsalbajpai · 28-01-12

Quote:

Originally Posted by zohaib2012

LAND is an asset.....HOLD IT

A very simple way to when ....WHEN TO SELL A PLOT

FOR AN INVESTOR:

FLAT: Its recommended to sell and move on a flat on possession...the flat and project is brand new...no maintenance issues..and even the worst builders have consturctions which look good for at least 2 years....

PLOT: When the sector has at least 70% occupancy...its an indicator that sector is developed. A buyer will come and see a developed sector...many families living....and there will be very few plots available...a buyer will pay premium

Swarn nagri is Top location and no MIG Segment plots.
Very few families live in it.
It will take a couple of years for more familes to move in.

Your plot will reap maximum benefits...in next 5-6 years

Never fall in love with your investments.
Always look for the next Alpha (opportunity).
And do not think Land will continuously give same returns as last few years, India has started on a path of ever increasing residential supply of which the aftereffects are yet to be seen.

livingnspace · 29-01-12

Hahahahahah

Interesting!!!! this thread is........ i am glad people can openly here without criticizing ones opinion

Sir asking people to sell or buy your plot is not going to help........ you will have varied answers and some will have the hidden agenda behind it.........

Please ask yourself if you are satisfied with the appreciation of you plot ?????

If yes then sell if no wait

Dont go for the smaller gains look at the bigger picture ?????? whenever you invested and what is the return............ if not satisfactory then ask yourself is there a better investment and why you invested in the first place you............ will get your answer???

Real estate Gains are never Short term please understand that........................ if you choose to keep the plot then take the horizon of the next 5 years and not when you dearly need the money............. think of it as if you are investing again today and see what the future is

hope it helps

24-01-12	#1
tpalden New Member Join Date: Feb 2011 Posts: 3 My Mood: Thanks: 1 Thanked 0 Times in 0 Posts	SELL OR HOLD Swarn Nagri 288sqm Plot Hello every body, I am confused at the moment about my property swarn nagri (288sqm). I would very much be interested in your opinion wether I should sell this property or hold it for better return later. Is there any chance of property value to go up in swarn nagri in couple of years or few months in that case??? Any suggestions, opinions and views are highly appreciatted. Thank you.

25-01-12	#6
Munish Malhautra Veteran Member Join Date: May 2010 Location: India Posts: 2,665 My Mood: Thanks: 2 Thanked 31 Times in 26 Posts	Hold it. it has started to shine already __________________ MM

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25-01-12	#3
Thor_samir Member Join Date: Nov 2011 Posts: 201 My Mood: Thanks: 40 Thanked 15 Times in 13 Posts	Don't expect any more appreciation for the next 12 months or so after the recent "run" - when prices increased by around 20% in the last 8-9 months. After that, we may see some appreciation again, but then who knows. Also depends on what is the offer you are getting. Your call.

28-01-12	#7
SarthakMalik New Member Join Date: Nov 2011 Posts: 10 My Mood: Thanks: 3 Thanked 0 Times in 0 Posts	I'd say hold it for at least 2 year. It must give you the expected appeciation. GN is all set to shine(best is yet to come)...wait for some SEZs to start on EWay and then see how service class starts flooding the GN....

28-01-12	#8
zohaib2012 Member Join Date: Aug 2010 Posts: 4,078 My Mood: Thanks: 0 Thanked 596 Times in 269 Posts	LAND is an asset.....HOLD IT A very simple way to when ....WHEN TO SELL A PLOT FOR AN INVESTOR: FLAT: Its recommended to sell and move on a flat on possession...the flat and project is brand new...no maintenance issues..and even the worst builders have consturctions which look good for at least 2 years.... PLOT: When the sector has at least 70% occupancy...its an indicator that sector is developed. A buyer will come and see a developed sector...many families living....and there will be very few plots available...a buyer will pay premium Swarn nagri is Top location and no MIG Segment plots. Very few families live in it. It will take a couple of years for more familes to move in. Your plot will reap maximum benefits...in next 5-6 years

29-01-12	#10
livingnspace Member Join Date: Jan 2012 Posts: 152 My Mood: Thanks: 5 Thanked 38 Times in 27 Posts	Hahahahahah Interesting!!!! this thread is........ i am glad people can openly here without criticizing ones opinion Sir asking people to sell or buy your plot is not going to help........ you will have varied answers and some will have the hidden agenda behind it......... Please ask yourself if you are satisfied with the appreciation of you plot ????? If yes then sell if no wait Dont go for the smaller gains look at the bigger picture ?????? whenever you invested and what is the return............ if not satisfactory then ask yourself is there a better investment and why you invested in the first place you............ will get your answer??? Real estate Gains are never Short term please understand that........................ if you choose to keep the plot then take the horizon of the next 5 years and not when you dearly need the money............. think of it as if you are investing again today and see what the future is hope it helps