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Q.

I bought a 3bhk flat in ajnara integrity raj nagar extension in 2016 november, but even till this date price have not appreciated.rental income is also less than 10000rs.what should i do?

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0 2020-10-14T16:15:27+00:00
The property rates in Ajnara Integrity have appreciated by 5% in 2019. Although the area is yet in a developing phase, there is a great chance for improvement of infrastructure. New roads are being constructed and the metro station is also quite close by. However, the major factor that will influence the rise in property rates is that there is a proposal for constructing an international cricket stadium in Raj Nagar Extension. But, I think, this will take some time. I think the major reason for the rent being this low is that the residents aren’t satisfied with the maintenance services. Many people have complained about issues like stray dogs, foul garbage smell and inadequate parking. I would suggest waiting for 2-3 years. If you don’t get good rent, keep checking the property trend and when you feel the rates are good, you can sell it and invest somewhere else.

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