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what is the chance of appreciation in next 3 years

Replies (4)
1
i had booked a flat with a 90% payment in advance of flat cost. now they are asking for the rest balance payment. please guide /suggest me for further course of action to deal before full payment.

regards

eliyajar
eliyajar barla


2
Hi, It all depends on when you purchased the property. If someone purchased in 2015 Jan, He may expect 40-50% appreciation by 2018 mid. It's my personal opinion though,
ashu


Hi Ashu, I really agree with you.. but the appreciation depends upon various factors such as Location, Projects, Future development of the area etc.
Kaustav Paul,  Kolkata
25th June 2015


3
Hi, In my view the place where this project is located take a long time to developed in near future. It is still surrounded by villages ,as it is quite remote.The main issue with that location is connectivity.From DPS megacity it is around 2.5KM and 5KM from upcoming Newtown metro.
Promit Dutta


Thanks Promit. i also felt the same. It is a useful feedback
avijit,  
5th June 2015


4
Hi Avijit, Magnolia Skyview is located in Rajarhat neighborhood of Kolkata. It is among the ongoing projects of Magnolia Infrastructure Development Ltd. The project is beautiful with 7 towers and over 300 Houses.The project is expected to get completed by the mid of 2016.I think the project is good for future appreciation, but it will take approx 10 yrs to developed whole area.
Anil Debnath


Hi Anil, your view matches with my view as well.
avijit,  
5th June 2015


5

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