perfectly correct. I live in a rented house for the past 5 years in navi mumbai. I hav had 5 agreements of 11 months. I was told it is a Rs. 16L flat when i paid 5k rent. Now im told it is a 30L flat and Im paying 6.5K rent. Me or my landlord is weak in maths, i guess. Rents have not kept pace with the sensex. If i had bought a house in Ghatkopar (a prime area) in 1979 for Rs. 2 Lakhs in 1980, i will now be able to sell it for Rs. 30L. If i had put it in the sensex, it would be worth 270 lakhs....so be my guest!
