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Should I sell my Flat?

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Should I sell my Flat?

Last updated: November 13 2014
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  • #11

    #11

    Re : Should I sell my Flat?

    Originally posted by vijaykudal View Post
    emi 20k/month


    I have safe investment else where which will give min15%/yr

    else will plan for further studies

    also not sure what price flat should sell
    hmmm.. investing in future studies vs holding onto an investment generating 9K rent after paying 20k emi.

    For me its a simple choice - sell the flat and invest in studies (good institute, proper degree and interest in the area of study) provided you need the money from the flat to fund your studies. Dont sell flat if you have money saved elsewhere and can afford the EMI payments.

    Getting 15% returns is only possible in stocks and for it you need to hold them for a decent period of time unless you are a super trader in which case you really dont need to sell the flat.

    To check the current value of the flat put an ad/post on IT company forums and check what offers you get.

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    • #12

      #12

      Re : Should I sell my Flat?

      Originally posted by herohiralal View Post
      hmmm.. investing in future studies vs holding onto an investment generating 9K rent after paying 20k emi.

      For me its a simple choice - sell the flat and invest in studies (good institute, proper degree and interest in the area of study) provided you need the money from the flat to fund your studies. Dont sell flat if you have money saved elsewhere and can afford the EMI payments.

      Getting 15% returns is only possible in stocks and for it you need to hold them for a decent period of time unless you are a super trader in which case you really dont need to sell the flat.


      its dead funds

      To check the current value of the flat put an ad/post on IT company forums and check what offers you get.
      Thats also a hidden agenda tu put ad here

      Comment

      • #13

        #13

        Re : Should I sell my Flat?

        Originally posted by vijaykudal View Post
        emi 20k/month


        I have safe investment else where which will give min15%/yr

        else will plan for further studies

        also not sure what price flat should sell

        Friend,

        In residential property the rental income is 3-6% per annum.
        Appritiation of property is considered mainly. But al-together you will get the double in 4.5 to 5.5 years period.

        You can easily sell Ur flat and invest in bond/shares/MIS or anywhere but the prestige/back-up/ Himmat you will get in society with this Flat - That you will never get from cash in hand or invested in another place.
        It also has sentimental Value.

        Discuss this point with other frinds (Prefer Ladies friend). Because Ladies will give you correct reply Immovable properties sentimental value.

        Comment

        • #14

          #14

          Re : Should I sell my Flat?

          Originally posted by planner View Post
          Friend,

          In residential property the rental income is 3-6% per annum.
          Appritiation of property is considered mainly. But al-together you will get the double in 4.5 to 5.5 years period.

          You can easily sell Ur flat and invest in bond/shares/MIS or anywhere but the prestige/back-up/ Himmat you will get in society with this Flat - That you will never get from cash in hand or invested in another place.
          It also has sentimental Value.

          Discuss this point with other frinds (Prefer Ladies friend). Because Ladies will give you correct reply Immovable properties sentimental value.
          well said
          but whats ur opinion about it

          Comment

          • #15

            #15

            Re : Should I sell my Flat?

            Originally posted by planner View Post
            Discuss this point with other frinds (Prefer Ladies friend). Because Ladies will give you correct reply Immovable properties sentimental value.
            :-)

            Comment

            • #16

              #16

              Re : Should I sell my Flat?

              btw, you have a safe investment that gives 15% a year?? That's not bad at all.

              Care to share what that is?

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              • #17

                #17

                Re : Should I sell my Flat?

                Originally posted by footy1 View Post
                btw, you have a safe investment that gives 15% a year?? That's not bad at all.

                Care to share what that is?
                ok
                will share

                Comment

                • #18

                  #18

                  Re : Should I sell my Flat?

                  Please share

                  Comment

                  • #19

                    #19

                    Re : Should I sell my Flat?

                    Originally posted by vijaykudal View Post
                    ok
                    will share
                    is it "share" market?

                    Comment

                    • #20

                      #20

                      Re : Should I sell my Flat?

                      https://www.indianrealestateforum.co...t=14953&page=7
                      Venky (Please read watch a or before posting)

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