I bought a flat in 2016 all registration together I paid around rs 10500000.
I gave it for rent . But there was few takers for rent . Rental return also very less as big amount went for maintenance .
At least we need rs 25000. But got only rs15000 again every 4 years once some one vacated repair expenses due to spoilage rain and all I spent 2 lacs. As I feel there was no use in holding any more I tried to sell .but no one there to buy. The builder himself keep building on and on and so supply is very high. They sell giving big advertisement we can’t compete with them. Finally I sold it for 88 Lacs . I lose 17 lacs of my hard earned many . Then I took loan from Andhra Bank .I paid interest around 30 lacs
So I lost 47 lacs of hard earned saved without even eating in gulf country ..
If i had kept the amount in Bank deposit it would have become 2 crores. Don’t invest here .whole of my saving I lost . Now I don’t work also . Become old age and health conditions I could not work also ..blunder I did . Biggest lose