Future of real estate in Hyderabad ?

POSTED BY shankary ON November 5, 2013 5:08 pm COMMENTS (2)

Hello Financial Experts

Could you please guide me on the following.

I have booked an Independent House which would be given for possession in June 2014, from a reputed builder in Hyderabad and no doubt the possession would be on time. My Home loan(Interest Saver A/c, which is like Max Gain A/c in SBI) has been sanctioned by IDBI Bank and still the first disbursement is yet to be released. Here we have an option for Plot registration or Semi-Finished Registration. If we opt for Plot registration then around 84K would be saved.

Is it wise to go with plot registration where 84K can be saved ? If so, dow e have legal authenticity for construction as well ? Please advise.

And regarding home loan, which would be the best one – either paying full EMI right from the first part disbursement of loan or paying pre-EMI until final disbursement starts. Here I may wish to sell out the property once it is redy for possession or at the right momentum of real estate. Could you also pleaase provide your view on the future of real estate in Hyderabad ?

Thanks in advance.

Thanks

Shankar

2 replies on this article “Future of real estate in Hyderabad ?”

  1. Sagar says:

    Mr.Shankar.

    If u are more confident on the builder that he delivers the project on time based on that u can take a decision of registering ur plot.

    As per my knowledge comparatively previous year 2015 this year 2016 there will be more absorption for residential spaces as well as commercial spaces bcoz of political stability, Metro project, Salary Hikes for employees, Rate of Interest got down , infrastructure and Hyderabad properties are more affordable comparatively to other cities like Bangalore, Chennai and pune. since most of the investors from different cities they will do investment in Hyderabad. And this year builders are going for new launches and also there will be price appreciation for all the properties based on locality wise. And also big MNC’s like Amazon , Google ,Uber etc are spreading there businesses in hyderabad. Definetly the Hyderabad buyers can get better appreciation for their properties. Appreciation totally depends upon the locality of your property where u choose. if u purcahse a property from the west side of Hyderabad u would be getting more appreciation. Before buying any property pls take a experts advice.

    Thanking you
    propfacilitator

  2. ashalanshu says:

    Dear Shankar, if the idea is to earn quick bucks, please opt for plot registyration to save your cost. What about Tax outgo on your profit?

    thanks

    Ashal

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.

Download Our FREE Ebook!

Available only for first 100 people today

Download Our FREE Ebook!

Available only for first 100 people today