Hi all,
I am planning on returning to India and I would like to invest in Real Estate. Real Estate as a sector has flourished in the city post the 'IT' revolution and i would definitely like to cash in on this golden opportunity. I though, do not possess experience in this field and lack the adequate knowledge to buy without proper guidance or consultation.
People have been raving about Shamshabad since the inauguration of the new airport and apparently the land prices have gone off the roof, literally. I would like to know how wise is it to invest in shuch an area? Also wanted to know if the numerous flats and villas being constructed, are they overpriced or is it justified? I am not particularly sure about the facilties available in the area like water, transport, recreation etc. And with present inflation raising the price of construction, should I make a buy as soon as possible, or wait for the inflation to reduce?
I would welcome any suggestions and recommendations that anyone can provide me, about the ongoing projects in the Shamshabad area and which one would be the best deal.
Thanks
Current Mood: needs some advice
