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options for investment

Last updated: July 11 2011
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  • options for investment

    Hi, i have around 35 lacs from a property. Now can someone suggest where i can invest it in noida/ greater noida to get rent in next 1 yr. Thx
  • #2

    #2

    Re : options for investment

    The best bet will be on sector 137 & 168 as being near to IT corridor & SEZ ,definitely will be hot spot for young professional in near future as primary & preferable residential location.

    Go with any good builders preferably Ajnara dafodill,gulshan vivante or logix country.

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    • #3

      #3

      Re : options for investment

      Make 2-3 FD in bank in the name of your parents/spouse...you will get 9.75% -10% interest per year so approx 28K/month which is anyway better than RENT.

      now again take loan of 30 lakh from bank and get 2BHK flat in NA/GN and pay EMI approx 30K/month from INTEREST amount...

      so you alerady done with your wish to buy flat 30lakh price also and that too without paying any amount from your pocket... you still have 35 lakh with you..

      so you got flat from Bank's pocket
      Last edited June 24 2011, 08:21 PM.

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      • #4

        #4

        Re : options for investment

        you are putting money in one pocket and taking it from another..
        bank se 28k tak tak hi aayega jab tak bank ki pocket main aapka paisa hai

        Originally posted by fritolay_ps View Post
        Make 2-3 FD in bank in the name of your parents/spouse...you will get 9.75% -10% interest per year so approx 28K/month which is anyway better than RENT.

        now again take loan of 30 lakh from bank and get 2BHK flat in NA/GN and pay EMI approx 30K/month from INTEREST amount...

        so you alerady done with your wish to buy flat 30lakh price also and that too without paying any amount from your pocket... you still have 35 lakh with you..

        so you got flat from Bank's pocket

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        • #5

          #5

          Re : options for investment

          Then put all amount in recurring FD and get higher interest…. Book flat 40 lakh under CLP… and within 3 year… your 35 become 40 in bank and got 5 lakh from bank (after paying CLP installments)

          Even in recession time (worst case) after 3 year.. you sell ur 40 lakh flat for 41 lakh... you will still make 6 lakh

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          • #6

            #6

            Re : options for investment

            Thanks.

            Can anybody let me know what is the current price range in sector 137. Is there any prelaunch going on in sector 137.

            thx, A

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