My Chandigarh property journey: Timing the exit for max gains
New Chandigarh — been observing its appreciation closely. My earlier investments, particularly a 3BHK in Omaxe's project, bought for ₹95L about three years ago, is now showing decent returns. Current market valuations are around ₹1.2Cr. However, I'm contemplating if holding it longer, say another 2-3 years, could yield significantly higher capital appreciation. With the PR7 Airport Road fully maturing and the New Chandigarh Master Plan progressing, will property values truly accelerate? Mera concern hai ki, is the resale market liquid enough for a quick exit with good gains after this holding period? I've seen patterns where early exits miss peak appreciation. What's the community's view on the optimal holding duration for maximum returns in these developing sectors? Any insights on the current resale market health in New Chandigarh would be helpful.
Comments
Yaar, sounds like a great move! Mera bhi yahi plan hai, New Chandigarh mein investment ka. Omaxe ka ₹95L se ₹1.2Cr, that's a solid return in 3 years. Main toh soch raha tha abhi enter karu ya wait karu, but aapki story sunke thoda confidence aa raha hai. PR7 ki wajah se toh pakka boom hoga. Par liquidity ka point valid hai, kahin अटक न जाएं.
Haan, bilkul sahi keh