Question And Answers
Q. Will it be profitable to buy a property in panvel?
Panvel has immense potential will definitely give profitable ROI.
Q. What factors contribute in appreciation of property? And is there any way to forecast if value of certain property will increase with time?
Social and economic development around the location and higher demand less supply both factors contribute in appreciation of property.
You can forecast by studying pricing of the location in last few years and upcoming future development plans in the location.
Q. What is down-payment on a house?
Down payment is own contribution required for purchasing property.
Property Cost - Loan Amount = Own contribution
Q. I want to sell my old house. what factors should i keep in mind?
While selling your old house, one should keep 4 things in mind-
a. If selling price as per market rates ais higher, then sale price will take longer time to sell and lower price will be loss.
b. Sell through genuine source who can help you throughout the process of selling.
C. Don't give original documents to anyone before you receive your payment.
d. Read all legal documents thoroughly before signing you can take help of any legal consultant.
Q. What factors to consider when buying a new home? I want to move out and live independently
Factors need to consider before buying a new home are locality, Social Infrastructure around property, Future Development, Property status, Builder / Branded construction company.
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