Is it right time to own a property

Q: Hey I would like to know Is it right time to own a property ? Kindly discuss on this news and let me know.

Murali Krishnan, Chennai

2nd April 2014

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Replies (2)

In real estate there is no such things like right time. If you have money and need a property then just go for it. real estate is a market where you will get appreciation for your money for sure. just you need to worry about is you go for a good project and location and good developer too. so that you are not cheated.

Sunil, Aurangabad

3rd April 2014

Comment

Hey Murali: Nowadays people opting for rental accommodations as opposed to buying their own home as they can earn good income. So with increased demand for properties on rent and capital values being stable, rental returns are expected to be high.

Supratim,

2nd April 2014

Comment

Hey which all cities are witnessing rise in rental markets ?

Rubiya,

2nd April 2014

@Rubiya: Hey in Mumbai almost all major markets have witnessed a rise in rental values. Rental values have gone up as high as 10 per cent in several locations such as Bandra West, Powai and Juhu. Also Delhi, Ghaziabad, Gurgaon, Noida, Bangalore etc are growing up. About 60-100 per cent of the localities in these have seen significant rise in rental values in the last three months.

Pranab Malakar,

2nd April 2014

Hey I think investments is all about the timing. If its the current time then it is sure that you can get good returns in future. So property investments are all about timing. :)

Kunal,

2nd April 2014