Have you purchased house in India?

[sandeepnair]

For investment on agriculture

I have bought a piece of land and a house in India for around 20 lacs INR, I mainly bought this to start investing in agricultural land. Its a cheaper initiative for now but all the investments that we do today will reflect in the future.

[Jaikapoor]

House Price In India

House price in India is rediculous right now. I am from New Delhi. Let me tell you some facts.

If you wanna buy an appartment then you need to loose atleast 2500k USD for just 1300 sqft. ( Prices are up and down according to location) but minimum is 200k USD in new delhi.

If you wanna buy land then you need to pay around 600k USD for just 100sqmtr. contruction cost will be around 150K USD Minimum. depends on your requirement

In last 5 years prices inflated between 250% to 400% according to location.

Seems that INDIA Is no more affordable for Indians, For FDI, FOR NRI.