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Should I invest in a residential or commercial property?- Property Hotline
Posted
November 2, 2016
Views
1,576
Likes
8
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November 2, 2016
1,576
8
0.51%
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7:44Now PlayingExpert: Mudassir Zaidi - Managing Partner at SNZ Business Essentials
Question: I want to buy a property a commercial or a residential property or both in Hyderabad. I can either invest in Prestige IVY for residential or Purvankara Summit for commercial. Both cost around Rs 1 crore. The commercial plots are in undivided share commercial is for investment and residential is for end-use. Are there any other projects that I can consider? I have a budget of Rs 1-1.2 crore?
Answer: I would suggest that you go for commercial investment. The project is a grade A project with a good developer in a good location. The overall business confidence is good and therefore leasing activity will be strong. One can get a good yield on the property and eventually good capital appreciation.
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