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Vaishali after Metro

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Vaishali after Metro

Last updated: October 26 2012
11 | Posts
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  • #11

    #11

    Re : Vaishali after Metro

    Normally I dont expect the price increase going too fast anymore. This has matured.

    The question will be, if you exit, where else will you go..... Had it been a year back, I would have said yes and asked to invest in CR or RNE, but right now my answer will be to hold and sell after few years of enjoying tax benefit and at a time when market is too low.

    These days, everything is too high.


    Originally posted by dineshsays View Post
    Dear Friends

    I own a 2 BHK 1060 sq ft flat in Gaur Ganga which I brought originally from Gaursons that fateful day when every flat in the project was sold off in 1 day.

    In about 5.5 years the rate has more than doubled so I am sitting pretty on a reasonable ~ 15-16% compounded increase year on year

    What are the members opinions - are there further triggers for price increase here now that the Metro is established or should I look at selling this off

    I do get 12.5 k rent expected to go upto 15 k plus maintenance. This along with the tax saving on interest almost pays for the flat

    Would appreciate any thoughts here

    Comment

    • #12

      #12

      Re : Vaishali after Metro

      Originally posted by dineshsays View Post
      Dear Friends

      I own a 2 BHK 1060 sq ft flat in Gaur Ganga which I brought originally from Gaursons that fateful day when every flat in the project was sold off in 1 day.

      In about 5.5 years the rate has more than doubled so I am sitting pretty on a reasonable ~ 15-16% compounded increase year on year

      What are the members opinions - are there further triggers for price increase here now that the Metro is established or should I look at selling this off

      I do get 12.5 k rent expected to go upto 15 k plus maintenance. This along with the tax saving on interest almost pays for the flat

      Would appreciate any thoughts here
      Can you share what the flat price has gone to in gaur gangs. Thinking of buying one there

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