Planning to buy 1 BHK apartment as investment in Wakad
Q: I am planning to buy an 1 BHK apartment as investment in Wakad area. I already own a 3 BHK house in Wakad for which my EMI is 30k/month. There is a new property launched in Wakad which is quoting Rs 4400/sq ft. The total cost for 1 bhk is going upto 35 Lakhs. Possession is by Dec-2014. Is it a good investment?