Are 10 year old apartments worth buying?

Are 10 year old apartments worth buying?

No definitely not. Apartment reduce in its value as it ages. Unlike land that appreciates with time, apartment starts depreciating and losing its value typically after 7 years of completion. This is because the building has a definitive age unlike land.

Should I buy a 20 year old flat?

The life of a building is normally taken as fifty years while financing a bank loan by bankers. So property value will depreciate by 2\% per year. Thus there is no harm in purchasing a property which is 20 years old.

What is the price of 3 bhk apartment in Ramamurthy Nagar?

3 BHK, Builder Floor Apartment is available for Sale in Ramamurthy Nagar, Bangalore for 71.0 Lac (s) 3 BHK, Multistorey Apartment is available for Sale in Ramamurthy Nagar, Bangalore for 75.0 Lac (s) 2 bhk 1315 sft, a khata flat for sale with cc&oc near nri lay out ,ramamurthy nagr. No commission.

Where is Ramamurthy Nagar in Bangalore?

Ramamurthy Nagar is one of the rapidly growing suburbs, in Bengaluru. It is located in the north-eastern part of Bangalore and comes under E3 subdivision of BBMP. Strategically located close to the Outer Ring Road (ORR), Ramamurthy Nagar is surrounded by prime areas such as Kalyan Nagar, Horamavu, KR Puram, Kasturi Nagar, and Banaswadi.

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What is the price of multistorey apartment in Bangalore?

3 BHK, Multistorey Apartment is available for Sale in Ramamurthy Nagar, Bangalore for 78.20 Lac (s) 2 BHK, Multistorey Apartment is available for Sale in Ramamurthy Nagar, Bangalore for 85.0 Lac (s) 2 BHK, Multistorey Apartment is available for Sale in Ramamurthy Nagar, Bangalore for 68.0 Lac (s)

What is the price of SVS Ananda Nilayam Ramamurthy Nagar?

Having 3 bedroom along with 2 bathrooms, the Unit is Semi-Furnished. The Unit offers parking cars for 1 covered parking. Around 95 Lac is the expected price. It is an airy & ventilated beautiful Unit situated in SVS Ananda Nilayam, Ramamurthy Nagar.