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RE:House Loan Interest Rate
by Sunil kumar on Apr 09, 2007 12:31 PM

I think this is wat going to happen , Prices are going to come down atleast by 20% within a year and as purchasing price of people cannot cope with high EMI and also you can only make 0.2-0.25% of your flat cost as rent per month (assuming flat is 40L and u get 10K rent) this is if you wish to live in a rented space and giev your flat for rent to make up for EMI . It is actually abest time to sell and get a better flat at a little lesser cost 2 yrs from now

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The above message is part of the Discussion Board:
How to deal with rising EMIs