Construct a house or buy a new land

POSTED BY RAJESH PAI ON August 24, 2011 4:47 pm ONE COMMENT

Hi,

I have purchased a land 3 years back  and now i want to construct a house on that land by taking home Loan.Currently i have capital of  4 to 5 lakhs.

Currently i am staying in leased house and the lease will expire after two years.

My confusion is shall i by new land for investment purpose with the capital i have (4 to 5 lakhs) or start construct a new house on the land laready i have purchased

One reply on this article “Construct a house or buy a new land”

  1. Vinay S Shastry says:

    Depends on what YOU want.

    Do you want a new roof over your head, or “INVEST” in real estate. Do you know how the real estate market works? “Invest” in things you understand.

    Caveat emptor!

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Join 1,60,000 email subscribers

FREE Video Lessons directly in your email daily

144 page PDF ebook with best articles from Jagoinvestor

Get future articles directly on your mailbox + updates


6 PART VIDEO COURSE

FREE 

 

 

Check your Email and Click on the Confirmation Link

Join 1,60,000 email subscribers

FREE Video Lessons directly in your email daily

144 page PDF ebook with best articles from Jagoinvestor

Get future articles directly on your mailbox + updates


6 PART VIDEO COURSE

FREE 

 

 

Check your Email and Click on the Confirmation Link