I am currently in my mid 30s and I am thinking of purchasing a property near sarjapur road, and currently working as a software engineer in Bangalore, so I want to take the expert opinions of unsung heroes of the finance domain on grapevine. I have already paid the booking amount but still want to make sure I am making the right decision.
After 30 years, the building will be 30yrs old and your kids almost cannot make money if they liquidate property, since value will be hardly 2crore. Kinda liability you are leaving for your kid.
Liability because- Sorrounding areas will be crowded Thr building will be old New builder properties would have popped up in the city for your kids generation
Op can always sell the flat in 10-15 years and move to a newer place.
In 15 years the flat will be 1.5crore 😜
How about purchasing a pre owned flat?
After a few years, there will be little to differentiate between the flat you purchase new now vs if you purchase a 5 years old one.
There is premium you need to pay to market.
The market is in a bull right now.
Can you elaborate? Not sure if what you're saying is a metaphor.
Do you foresee price correction? That rarely happens. Builders rather keep their inventory unsold than reduce prices.
I live in Pune and travel to Bangalore often. I want to purchase house in Pune 2/3bhk but I don’t know if I would be able to stay in it as my job is insecure 😕 I am 40, have some savings of around 40L, hold about 50L in markets. Would ...
Hi everyone,
I’ve been considering the decision of whether to buy a flat in Bangalore or continue living in a rented apartment, and I’d love to get some advice from you all, purely from a financial perspective.
On one hand, buying a fl...
Is it wise decision to purchase a 3bhk flat in Whitefield for 1.5 cr ? Current monthly saving is around (2.5 lakh). Total saving till now - 20 lakh
