I am getting a 5 yr old flat at ramavaram for 28 lacs...

it is a 2 bhk with 980 sqft super built up.. is it worth it.

please let me know..!!!!
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  • really looking forward to a reply to this thread... !!!
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  • It depends on the loaction and condition
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  • Originally Posted by ridsvision
    I am getting a 5 yr old flat at ramavaram for 28 lacs...

    it is a 2 bhk with 980 sqft super built up.. is it worth it.

    please let me know..!!!!


    look around the area you might end up getting a new one at that price and end up paying lesser stamp duty.
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  • Originally Posted by lovebird
    It depends on the loaction and condition


    i miss your "wait for six months it will be available for x lacs" reply lovebird.
    ;)
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  • so it is nothing like a rawking deal.. and i should jump over it right away..
    mm.. maybe i should wait... !!!

    thank you all for the replies...
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  • I would suggest go by the undivided share of land available.
    The market rate for 2400 sqft in ramavaram is in the range of
    75 lk to 90 lk.. So this is all ur investment will be for. The flat
    after 5 years is gonna yeild only rental returns. In the end
    the money u are investing is for the land.

    A new flat costs around 40 -45 lkhs for 1000 sq ft and if reputed
    builders it is about 70 lkhs.
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  • Originally Posted by anandxx
    I would suggest go by the undivided share of land available.
    The market rate for 2400 sqft in ramavaram is in the range of
    75 lk to 90 lk.. So this is all ur investment will be for. The flat
    after 5 years is gonna yeild only rental returns. In the end
    the money u are investing is for the land.

    A new flat costs around 40 -45 lkhs for 1000 sq ft and if reputed
    builders it is about 70 lkhs.

    You are really doing a lot of research in this area. It is clear from your answers Anand.
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  • Originally Posted by anandxx
    I would suggest go by the undivided share of land available.
    The market rate for 2400 sqft in ramavaram is in the range of
    75 lk to 90 lk.. So this is all ur investment will be for. The flat
    after 5 years is gonna yeild only rental returns. In the end
    the money u are investing is for the land.

    A new flat costs around 40 -45 lkhs for 1000 sq ft and if reputed
    builders it is about 70 lkhs.


    Nevre buy flats for investment
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  • natraj, I live there near alwarthirunagar. one of the unfortunate group
    who missed the boom.
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