Is it good to purchase resale property in Delhi-NCR?

Q: Hi, im planning to buy a resale flat in NCR. Is it a good idea to invest in resale? pls advise.

Sameer Khan, Delhi-NCR

9th May 2013

Buying property in Delhi

resale property

resale flat in ncr

property in delhi-ncr

resale flats

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Replies (5)

Do not buy very old property as maintenance cost will be higher. If building’s age is less than 5 years then it is good i think or at least it should be within ten years.

Shenoy, Ghaziabad

9th June 2013

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I think it,s good purchase resale property in Delhi NCR . You are looking to buy property.

Neeraj Verma, Pune

12th August 2013

Yes, it is good to buy a resale property in Delhi-NCR. But you have to keep in mind few things, 1. choose the property carefully, 2. research about the location and its appreciation levels, 3. check for all necessary documents and make sure the property is legally clear.

Iram Khan, Delhi-NCR

9th June 2013

Comment

Hi, where exactly in NCR you are looking to buy property in? There are regions such as Noida, Gurgaon and South Delhi which are good to invest in resale. Are you looking to buy property for investment purpose or living purpose?

Bhaumik, Ghaziabad

9th June 2013

Comment

Gurgaon and Noida are presently doing good in terms of resale market.

Huda Ali, Delhi-NCR

9th June 2013

Comment

It depends on which location you are going to choose to invest in. So you have to be careful while choosing the project location. In some places there is great demand for resale properties but in some places people don't come forward to buy one and also the location may not be much developed for living conveniently.

Pranab Malakar, Delhi

9th May 2013

Comment