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Shall I buy home now or wait for interest rates to fall? - Property Hotline
Posted
March 7, 2017
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as posted by the channelExpert: Jayashree Kurup, Head- Content & Research, Magickbricks.com
Q: I want to invest in a property on Tumkuru Road. What is the future prospect of project and the location? My budget is not beyond Rs 60 lakh. Is it right time to avail home loan or shall I wait for interest rates to fall further?
A: In the given location and budget, you will get a 2 BHK largely for about 900-1300 sq ft. As some of these are under-construction, they would be available in the possession stages by end of 2017 or 2018. However, there are some ready-to-move-in apartments as well.
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