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What appreciation can I expect in 5-7 years in Mumbai?- Propeorty Hotline
Posted
August 2, 2016
Views
112
August 2, 2016
112
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5:57
4:45Now PlayingExpert: Amit Goenka, MD & CEO of Nisus Finance.
Question: I already own a home in the Mumbai city. I want to know if I should invest in another property in Mumbai. My budget is Rs2.5 cr. What kind of appreciation can I expect in 5-7 years? Is it better to invest in property or equity with a long-term view?
Answer: If you are looking a property as a long term investment or capital gains or long term appreciation, then you can invest in the eastern suburban belt of Mumbai starting from Vikhroli to Mulund. Numbers of projects have come up in this area which has seen solid off take. This area is developing as a new destination for people to invest.
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