Should I purchase a flat in Aparna Sarovar Zicon or not
Me and my wife make a combined monthly take home of 6 lakhs and have 2 kids aged 3 and 1. We have no major liabilities and are planning to buy a 3 BHK in Aparna Sarovar Zicon for 2.2 Cr. I work in IT and wife is in mediz both our jobs are at risk by AI.
We have saved roughly 70 lakhs for buying a flat and getting another 50 lakhs from parents. Should we go ahead and purchase this flat or wait it out till the dust settles on the impact of AI on IT and on real estate.
My concerns are what if there's a big crash and the value of my flat in future goes below 1.5 Cr. Lot of people suggested going for flats in FD or Kokapet but I really like Nallagandla and this society specifically because of the lake and HCU and it's proximity to hospitals and malls and decent connectivity to ORR and Old Mumbai Highway