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RE:House is not an asset
by Ramesh on May 03, 2007 02:18 PM

sachin,

fail to understand ur logic. if you own a property & it appreciates in value, how is an asset not created. also why is it compulsory to sell the property as stated by you?

get your facts about property prices right. the rates mentioned are perfect in my locality in a western suburb in mumbai (which for your information is a metro)

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Buy a house or stay on rent?