October 11, 2016
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3:09Now PlayingExpert: Shoeb Sayed, Sr. Vice President, Head-Real Estate, Broking & Distribution, Motilal Oswal Securities Limited.
Question: I own a 1BHK flat of 668 sq. ft. in a project by Prithvi Shelters in Bavdhan. I bought it in January this year. I want to know the current rate in this area and its prospects in the next 2 yrs.
Answer: The project Prithvi Shelters in Bavdhan is a good property in a good location, the current rate there in Bavdhan location is 5500-7000 per sq. ft. and the appreciation is also there in Bavdhan. If you wait for next 2 years the price appreciation will be 5-10%. So you can sell the property at Rs 50-Rs 55 lakhs after 2 years.
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