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RE:property rates go!!!!!!!!!!!!!!!!!!!ng up!!!!!
by Abhay T on Feb 06, 2008 06:44 PM

It depends on whether you need that property now and whether u can afford it.
1. If u don't need property now and considering only as investment, answer is NO. You can wait for correction. Get a general feel in sourrounding areas. Is there any "real" change in cicrumstances around Adnheri or is it just the current trend? Also consider, whether its affordable to u now or u can consider other nearby areas that offer cheaper houses.
2. If you need a 1BHK house now as a priority, buy that is affordable to you. You may have to consider nearby cheaper areas. Once you settle in that house, over a period of time (5-10 years) the value will definately be much higher! At that time, u can consider another bigger house with additional savings and cash earned from this house.

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The above message is part of the Discussion Board:
Subprime pain: Who lost how much