Is it good time to sell Gr Noida flat to buy in Navi Mumbai? - Property Hotline
March 7, 2017
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4:56Now PlayingIs it good time to sell Gr Noida flat to buy in Navi Mumbai? - Property Hotline
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as posted by the channelExpert: Jayashree Kurup, Head- Content & Research, Magickbricks.com
Q: I had invested in a 4BHK flat of 1500 sq ft in Beta 2 Greater Noida which I bought for Rs 40 lakh in 2010. Shall I sell the flat now for Rs 58 lakh and buy one in Navi Mumbai near Belapur or Ulwe, where I plan to settle down, or shall I wait for some more time?
A: If you want to buy a house in same place you live in then, this is the best time to sell off the existing property and use the purchase money as seed capital for your new house. Because if you wait for Greater Noida prices to go up, even the Navi Mumbai prices will escalate accordingly.
However, one thing you should keep in mind that in Greater Noida you have got a 1500 sq ft flat fo Rs 40 lakh, which would be difficult to find in Navi Mumbai.
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