I had a property in Ludhiana after which I have a receipt of Rs.30 Lacs. I have already an ongoing loan of Rs.40 Lacs on my flat at Chandigarh 10.75%. Which is a wiser decision to clear my loan and save the EMI every month in some saving plan 8%(Post tax) or to buy some ready to move 2 BHK property 34-40 Lacs in zirakpur and expect any appreciation along with a rental in range of 7-8K per month = Rs.0.8-1.0Lacs per year. Is it right time to enter ziarkpur or more fall is expected.
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