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Can I get appreciation on land buying at pre-launch stage?- Property Hotline
Posted
July 5, 2016
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61
July 5, 2016
61
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2:36Now PlayingBe Un Confused
Expert: Jayashree Kurup, Head-Content & Research, Magicbricks.com
Question: I plan to invest in land. My budget is Rs15-25 lakh. I have shortlisted VIP Properties at Sarjapur. Is it a good investment option? What kind of appreciation can I expect? The registration will be done from Hosur (TN Registration). How long should I wait to invest? Also, is it better to invest in land or in a second home?
Answer: The property which you have recommended is on the pre-launch now. It will take some time for development to happen and you to get possession. You will have to hold property for around 7-8 years to get appreciation. There is much more demand for apartments then land on this stretch.
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