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Do I need to sell in This time??

Q: I have property in Bakericity Ahmedabad, and Pros and cons are
Cons.
1. Top floor(3rd)
2. No allotted Parking
3. No Lift

Pros
1. Top Class Builder
2. Very good Locality
3. Very sufficient spacing
4. Got rent which equals to my EMI (8000 minimum)

Now Question is I am getting 18 Lak for it now, and it is 3 year old, so Do I have to sold it and go for new one in Ahmadabad. I bought it in 10 Laks and current trend in new construction is 24 to 26 laks for same type flat.

Question is whether to sell or hold for a time. Confusen is Property now and onward started to get older. and older property loose its valuation.
Replies (1)
1
@Hemant, The property is already 3 years old so I think it is better if you sell it off, because your property doesn't have lift and car parking and the property is on the top floor. It is very difficult to get buyers for top floor.
Himanshu Dixit


2

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