Peenya prices for NRI investment, confused

Peenya mein 2BHK ke prices seem way too high. I'm based in Dubai, can't do site visits. Agents quote ₹1.2 Cr near the industrial area. Is this justified? Matlab, what's the appreciation potential for 3-5 years? Not sure if it's worth it for investment. Koi real ground reality batao please.

#peenya#property-prices#nri-investment#2bhk#appreciation

Comments

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Ravi Maurya5 May

Peenya mein 1.2 Cr for a 2BHK? Bhai, sounds way too much for that area. Even for an NRI investment, this appreciation potential seems very risky in 3-5 years. Kya ground reality hai, I also want to know, I'm also a first-time buyer looking in Bengaluru.

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sid.roy785 May

Totally agree. Mere dost ne bhi dekha tha wahaan, prices bahut inflated lag rahe the. Aise mein invest karna mushkil hai.

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