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Home > Forum > Pune > Investment Advice > I m planning to invest 40 lakhs in Real estate..

I m planning to invest 40 lakhs in Real estate..

Q: I do own a house in mumbai and this will be my 2nd property (Pure investment). I am confused between commercial (Shop) & Residential property. what would you suggest?

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Replies (2)
1
Residential property is the best investment option for you. we are having many affordable residential flats for sale in pune. there may be chances for rising the rate of properties in future.
Laxmi


2
I also had same view of buying a real estate for investment purpose. It is wise descision only if you play your cards well.If you are buying it for pure investment..Income yield from investments.You plan to take loan of 32 lacs i understand u wanna RE for 40 lacs. You will incur substaitial cost on interest on your home loan. RE investments are long term and most of it buy for capital appreciation. I agree that on long term basis its a scarce resource but current market scenario is subdued for atleast 2/3 years.
Supratim


3

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