Q:I had bought an apartment in Tellapur in the year 2009, so I could invest in the real estate sector. But the market fell after that so I’ve been waiting all these days for things to get better. Now that the dispute is solved, is the market better? Should I consider selling my property now? Please advise guys
Latest Answer: Talking about capital appreciation percentages, real estate experts have predicted the total appreciation in the year of 2014 to be around 10%. No doubt this is a very good time for Hyderabad real estate, and those who, like you, are looking to sell their property at such a time, or even rent or lease it out, are going to have a huge profit. The time you bought the property, I think the square foot price rate was Rs 2900, right? See how much it has increased since then. Though I think you should consider renovation works, since your property is over 5 years old. Renting should be a lot easier, though. Good luck with it!
