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Should I hold or sell my property in NCR's Gaur City? - Property Hotline
Posted
July 12, 2016
Views
6,587
Likes
26
Comments
3
Engagement
0.44%
July 12, 2016
6,587
26
3
0.44%
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5:16Now PlayingBe Un Confused
Expert: Expert: Jayashree Kurup, Head-Content & Research, Magicbricks.com
Question: I’m holding a property in Gaursons in NCR area for more than 3.5 years now. The contract price was Rs 50.6 lakh of which I have paid 95% and 5% is still due. Should I hold or sell this property and if I hold this for next couple of years what appreciation should I expect?
Answer: It is a well-developed township; designed by a Singapore based consultants. You have invested in a good property and if you’ll sell it today you’re going to lose Rs7-Rs7.5 lakhs. This property has much better prospects because there is a metro project going. If you don’t really need the money then hold on to this property don’t sell it. Prices will rise until you get the possession.
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