Posted by: timi_mero_sathi February 16, 2013
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yakku,
its personal choice,Our family bought that land 18 yers ago , 8 lkah /ropany, Herd that ppl were saying that is too much, I think at that too our family had option to put money in the bank, , herd that time interest rate was 12%, what could be the value of that money at this time? will we be able to buy same salnd with that money?
arround that area land is selling between 30 to 35 per ana. ppl who want to buy are buying.Investment in land and propety is not fro short term , say after 10 years what will happen to that money in bank? and buy the land what will happen to the value of land after 10 years?
its all about where you want to invest and what you want to get in return. yes it looks very expensive today, but it is giving return, you wight 10 years, and sale it in 10 years I think land value will go up by a minimum of 25% because of devaluation of ruppees.
its personal choice,Our family bought that land 18 yers ago , 8 lkah /ropany, Herd that ppl were saying that is too much, I think at that too our family had option to put money in the bank, , herd that time interest rate was 12%, what could be the value of that money at this time? will we be able to buy same salnd with that money?
arround that area land is selling between 30 to 35 per ana. ppl who want to buy are buying.Investment in land and propety is not fro short term , say after 10 years what will happen to that money in bank? and buy the land what will happen to the value of land after 10 years?
its all about where you want to invest and what you want to get in return. yes it looks very expensive today, but it is giving return, you wight 10 years, and sale it in 10 years I think land value will go up by a minimum of 25% because of devaluation of ruppees.