Over 20 years you can expect the value of the house to increase from Rs 25L to at least Rs. 65L ( 5% per annum) . In a growing city like Chennai this may go up to double or more ....
RE:Value of the house
by Narendra Sharma on Apr 30, 2007 05:48 PM Permalink
Author is not considering price appreciation of property also he is showing - Loss of interest on account of initial payment of Rs. 5 lac(over 20 years) [C] Rs 2,654,193 i.e. more than 5 time of investment and not considering banks 20 lacs loan on same terms.
