Inflation & real estate.....
Sunday, December 27, 2009
I read article in Shyam column about the current state of indian real estate & inflation and I thought its worth reading it.
Click here to read from shyam column about real estate
Before investing in apartment, one needs to consider the below mentioned points.
a)Amount of tax saving p/a vs principal+interest outflow p/a vs if apartment is rented.
b) Total cash outflow for the entire tenure of the loan.
c) Depreciation of apartment and hence worth of it after 20 year period.
About inflation, shyam thought of considering CPI looks logical as compared to WPI. Happy reading
Click here to read from shyam column about inflation