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This is gettin interesting.
What do you mean by Good Property?
An investment is an investment. The purpose of it should be appreciation. I would be willing to to invest in almost anywhere in Delhi more probably in DDA colonies where there are some parks and open space that you will not feel suffocated and there is some parking facility. It can be for Rs.25 lacks for a Janata Flat and 1 corores of an MIG Flat. For somebody having 60 lacks in his kitty, he can avail a Bank loan for a bigger house also. The interest paid minus the rent received on a rented property can be decreased from your income(without any limit) for I.T purpose as loss from property.
Try to find out whether there is any DDA colony in Delhi where the prices have not doubled within the last 5 years. If you take a paper and calculator and do some calculation you may agree with me.
Now the point about buying the new properties which are being launched. I believe that it is very lucrative to book for a property at its pre-launch and launch stages. Of course there is risk involved. It would require a lot of research and is time consuming process also. But the losses you may incur in one project will be doubly compensated in others in which you make profit.
The point is do the due diligence as if you are going to buy a property where you expect to say. You generally book with 10% of the project cost. In most of the cases in the first year you may not have to make any more payment since they have not started anything yet. In the next year if the price of the property is increased by 10% your investment is doubled if you sell your booking.
But most importanly believe in your Common Sense while listening to the experts.
What do you mean by Good Property?
An investment is an investment. The purpose of it should be appreciation. I would be willing to to invest in almost anywhere in Delhi more probably in DDA colonies where there are some parks and open space that you will not feel suffocated and there is some parking facility. It can be for Rs.25 lacks for a Janata Flat and 1 corores of an MIG Flat. For somebody having 60 lacks in his kitty, he can avail a Bank loan for a bigger house also. The interest paid minus the rent received on a rented property can be decreased from your income(without any limit) for I.T purpose as loss from property.
Try to find out whether there is any DDA colony in Delhi where the prices have not doubled within the last 5 years. If you take a paper and calculator and do some calculation you may agree with me.
Now the point about buying the new properties which are being launched. I believe that it is very lucrative to book for a property at its pre-launch and launch stages. Of course there is risk involved. It would require a lot of research and is time consuming process also. But the losses you may incur in one project will be doubly compensated in others in which you make profit.
The point is do the due diligence as if you are going to buy a property where you expect to say. You generally book with 10% of the project cost. In most of the cases in the first year you may not have to make any more payment since they have not started anything yet. In the next year if the price of the property is increased by 10% your investment is doubled if you sell your booking.
But most importanly believe in your Common Sense while listening to the experts.
. Loved reading it 
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