Real estate or Mutual funds

Q: In current scenario when real estate Prices are rocketing ,will it be a good idea to invest 15-20 K each month in buying an aprtment as emi? or shall i invest same amount every month in safe mutual funds.plz guide me.

Vivek Kulkarni,

11th September 2013

Investment Advice

buying property

investment advice

real estate news

Follow Discussion

Also see discussions for

Investment Advice

Replies (2)

As far as i know ...an investment decision over 4-5 year scale so the property to be sold off at the end of this period and what returns it can fetch over this period your total money invested till that point of time, As the same property to be used as even a better or larger one when you become the middle age person ...So this is kind of locking up , say a particular sq ft area at today’s rates and add on more area later on at future price, when you are further grown career wise and income wise.

Gurmeet,

11th September 2013

Comment

Very well written Gurmeet..:)

Vivek Kulkarni,

11th September 2013

According to me, if you are staying in a rented flat then it makes sense to buy a place of your own, no matter what the market conditions are. But if you already have a permanent home ..then you can look at investing the money for 3-4 yrs .

Supratim,

11th September 2013

Comment