For investors, two things are important—return on investment and ease of exiting. “In the present scenario, most suburbs or far flung areas have inventories for 40-60 months. So, chances of capital appreciation are very low,” said Divakar Vijayasarathy, co-founder, MeetUrPro.com, an online professional services provider.
Moreover, typically most of the price appreciation in a project takes place once it is closer to completion. But considering the fact that gestation period for many projects can go beyond 4-5 years, selling a house at a good price is a distant event. If you have funded your purchase through a home loan and if the project gets delayed, the gestation period can increase further.
