How can we avail best returns in realty?- Property Hotline
August 17, 2016
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5:26Now PlayingHow can we avail best returns in realty?- Property Hotline
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as posted by the channelExpert: Mudassir Zaidi, Managing Partner at SNZ Business Essentials.
Question: I want to buy a property in Mumbai's Eastern suburbs. I own a 1 BHK in Mulund (E). It is going in for redevelopment. I want to buy a property to live in during the redevelopment phase. I have found a 1 BHK in Bhandup (E) and a 2 BHK in Kanjurmarg (E). I prefer the Kanjurmarg flat. Should I hold on to my Mulund place and buy a second 1 BHK in Bhandup or should I sell the Mulund property and opt for a 2 BHK flat in Kanjurmarg?
Answer: You should hold on to Mulund property and invest in more. It can be a smaller size apartment at the moment. When markets will improve then you should sell them both if you want to get best returns.
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