The Bubble of the reality economy-Is it going to burst now? Recently there has been a tremendous rise in property prices in cities like Bangalore and Hyderabad. After the announcement of Budget 2007, there are lots of indications for the reality prices to come down. The rise in property taxes and hike in home loan rates might greatly influence the property prices in the near future.
The Levying of service tax on commercial rental rates is also going to have a great influence on commercial property rates. With all these going on what is the right thing to do right now as an investor? To buy properties, t sell them or to hold on to them.
Buy low-Sell high (or) Sell-high-Buy-Low
Make the best of the property prices are too inflated, you can sell them and buy properties in a different developing locality. For instance sell 2000 sqft of commercial plot in Bangalore and Buy 20,000 sqft at Hosur. Here you are selling high and buying low. This increases your investment portfolio and would look better on your portfolio after a couple of years.
For more ideas on real estate investment ideas, visit http://www.placidhomes.com
Tags: budget, economy, investor, locality, real estate investment, property taxes, bangalore, investment portfolio, home loan rates, investment ideas, hyderabad
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Source: http://www.articlealley.com/article_148136_15.html
Source: http://www.articlealley.com/article_148136_15.html