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Is Investing in Dholera a good investment opportunity? - Property Hotline
Posted
January 24, 2017
Views
4,707
Likes
45
Comments
4
Engagement
1.04%
January 24, 2017
4,707
45
4
1.04%
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3:30Now PlayingExpert: Jayashree Kurup, Magicbricks.com
Question: My budget is Rs. 10 lakh and I want to invest in a property in Ahmedabad near Dholera, is this a good investment opportunity?
Answer: You get good returns when there is economic activity happening and also when there is significant rise in the consumer demand. In case of Ahmedabad near Dholera, I think it’s too early at this point of time as the development there is slow. But from a very long term view, you have options of investing in around 200-280 sq. yard plots in early stage developments and also 1BHK units of 600 sq. ft. I am not sure if you should take the risk of investing near Dholera as a retail investor. The right time to invest in this area will be when the infrastructure work actually begins.
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