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Sell property near Super Corridor

Q: Hey I had bought a house in MR 10 along the Indore Super Corridor. Is it a good time to sell it now? Or should I wait some more time? Also, what other places should I consider for further real estate investment?
Replies (4)
1
Hello Naveen,

In my view wait for some time to sell your property b/c at this time property rate is stable, wait some time to increase your property rate and then sell.

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Deepika Sharma


2
Real-estate is on a hasty rise, especially in two-tier cities like Indore. To answer your question whether it is the right time to sell your existing property, I would recommend you sell it only if you have a similar or better property to invest in. Looking at the industry trends, and NHB index for 2013, the prices for property seems to be on a rise since October, 2013. Holding on to your existing property, especially in an area around Super Corridor would definitely reap you a better sale value in future. But, if you find better and suitably priced properties in the areas mentioned above, you should go for it.
Arjun Singh Ranawat


3
Hello, I agree with the above comment that having a property at MR10 along the Super Corridor is such a plus. I think you should first list out potential options to re-invest the approximate amount you would receive from selling this house, before you sell it. To add to the above listed areas property around Bangali Chouraha, Pithampur road, and new Ujjain road are great for investment, and would vary according to your set budget.
Naveen Jaitley


4
Hi, as Indore is moving towards development, the real-estate sector is seeing a rapid boost. Owning a property in areas like MR10 is a great investment. The area is seeing a variety of new projects coming in, which is slowly increasing its market value. I would suggest that you look for potential buyers for your existing property and invest in upcoming or recently finished projects around Indore-Ujjain 4 lane highway, Sukhilya, A.B Road, Khandwa road etc.
Akshay Sethi


5

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