July 26, 2016
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3:58Now PlayingBe Un Confused
Expert: Jayashree Kurup, Head of Content and Research at Magicbricks.com
Question: I have 1 BHK flat in Vasai area. Its built-up area is 500 sq. ft. which was bought in 2007. What is the future prospect of this area? Should I hold it or sell it? In 2007 the rate was Rs1225/sq. ft.
Answer: Vasai market has been peaked out. You will get steady returns but you won’t see the growth which your property has already given you. The best thing now you can do is that you can sell this property and invest that money into emerging market like Navi Mumbai.
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