Gurmeet SinghDear Pratish, taking into consideration the current state of real estate market, it is unlikely that a property worth Rs 38 lakhs now will witness almost 80% rise in property prices in the next 3-4 years. There is a large existing backlog of inventory available which has led to less demand and depreciation in property prices. Regarding your idea of selling the apartment and purchasing a farmhouse in sector-137, Noida, I would suggest you to stay invested in Piyush Heights since it is a new project in a developing sector (Sector-89). A number of projects in sector-89, Faridabad are in various stages of construction with possession due in the next 2-3 years. Once these projects are completed and people start moving-in, I believe more and more facilities will come into place leading to rise in property prices.
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Harish TanejaDear Animesh, a ready to move-in 3BHK apartment/builder floor in a good society ideally costs around Rs 1.25 Cr onward. Within Rs 90 lakhs, you can only find apartments in developing or underdeveloped areas. Please refer to the link to see the options available - https://goo.gl/m7XCIp
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Rohit SinghHi Minal, This is a newly launched project and the possession is in December 2021. The project is offering 1BHK, 2BHK and 3BHK unit with a price ranging from Rs 81 Lakh to Rs 1.8 Crore. The livability quotient of the locality is pretty good. Khandivali railway station is situated at a distance of 2 km from the project. You can also locate Teresa High School, Astha Hospital and ICICI bank situated within a distance of 1 km from the project. Investing in a under construction project will help you get good returns on investment in future. This is probably because the locality is developing and the prices will eventually surge with time as the development takes place.
Ask & Answer ModeratorHi Prakash, If you want to give your property on rent, you can post an advertisement here:
You may write to us at email@example.com or call us at our Toll-Free # 1800 41 99099 (Monday - Saturday 9:30AM to 6:00PM IST) for further assistance.
Rohit SahuHi Harsh, DLF New Town Heights 1 is a ready project which was completed in March 2015. Located close to Delhi-Jaipur Expressway, the project is spread across 32.13 acres of land and features 18 towers with 22 floors and 1,536 units. At present, you can get new as well as resale units for 2BHK, 3BHK, and 4BHK apartments. The new booking base price for 2BHK, 3BHK and 4BHK starts from Rs 64.6 lakh and it goes up to Rs 1.25 crore. Moreover, the price bracket for resale 2BHK, 3BHK, and 4BHK apartments is in between Rs 64 lakh to Rs 1.3 crore. You can avail home loan from banks like LIC HFL, Citi Bank, ICICI Bank and HDFC Home Loans. Apart from basic amenities, the project has CCTV camera security, senior citizen sit-out, landscaped garden, club house, lawn tennis court, and swimming pool, among others. Besides this, to know for more information about the project, I would suggest you conduct a site visit.
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